Kumar, A. Gray, R.D. Hoskote, M. von Klaudy, S. Ruster, J.
Abstract
The present report draws on experience from industrialized and developing countries in terms of capital market financing of domestic infrastructure projects, and discusses the applicaiblity of these lessons in the Chinese context. It also describes the strategies these economies have adopted to foster capital market development conducive to infrastructure financing, and discusses the role of the government in supporting the development of such financial markets.
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Find related papers by JEL classification: O16 - Economic Development, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment P33 - Economic Systems - - Socialist Institutions and Their Transitions - - - International Linkages