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What Drives Private Participation in Infrastructure Developing Countries?

In: Public Private Partnerships for Infrastructure and Business Development

Author

Listed:
  • Marian Moszoro
  • Gonzalo Araya
  • Fernanda Ruiz-Nuñez
  • Jordan Schwartz

Abstract

The links between infrastructure and development are well established. They include the impact of infrastructure on poverty alleviation, equity, growth, and specific development outcomes such as job creation, market access, health, and education (Straub 2008; Calderón and Servén 2004, 2008, 2010). These relationships are complex and dynamic; even with respect to growth and job creation, infrastructure’s effects are felt through multiple channels.1 The demand for infrastructure is rising with the accelerating pace of globalization and urbanization. Every month in the developing world, more than five million people migrate to urban areas. This trend is compounded by the growing need for low C02 and climate-resilient investments to combat the challenges of climate change (Fay and Toman 2010; Bhattacharya et al. 2013).

Suggested Citation

  • Marian Moszoro & Gonzalo Araya & Fernanda Ruiz-Nuñez & Jordan Schwartz, 2015. "What Drives Private Participation in Infrastructure Developing Countries?," Palgrave Macmillan Books, in: Stefano Caselli & Guido Corbetta & Veronica Vecchi (ed.), Public Private Partnerships for Infrastructure and Business Development, chapter 0, pages 19-44, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-54148-2_2
    DOI: 10.1057/9781137541482_2
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    Cited by:

    1. Moszoro Marian W., 2024. "The direct employment impact of public investment," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 60(1), pages 59-74, March.

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    More about this item

    Keywords

    Foreign Direct Investment; Private Investment; Infrastructure Investment; Corruption Perception Index; International Country Risk Guide;
    All these keywords.

    JEL classification:

    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises

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