IDEAS home Printed from https://ideas.repec.org/p/imf/imfwpa/17-233.html
   My bibliography  Save this paper

Trends and Challenges in Infrastructure Investment in Low-Income Developing Countries

Author

Listed:
  • Daniel Gurara
  • Vladimir Klyuev
  • Nkunde Mwase
  • Andrea Presbitero
  • Xin Cindy Xu
  • Geoffrey J Bannister

Abstract

This paper examines trends in infrastructure investment and its financing in low-income developing countries (LIDCs). Following an acceleration of public investment over the last 15 years, the stock of infrastructure assets increased in LIDCs, even though large gaps remain compared to emerging markets. Infrastructure in LIDCs is largely provided by the public sector; private participation is mostly channeled through Public-Private Partnerships. Grants and concessional loans are an essential source of infrastructure funding in LIDCs, while the complementary role of bank lending is still limited to a few countries. Bridging infrastructure gaps would require a broad set of actions to improve the efficiency of public spending, mobilize domestic resources and support from development partners, and crowd in the private sector.

Suggested Citation

  • Daniel Gurara & Vladimir Klyuev & Nkunde Mwase & Andrea Presbitero & Xin Cindy Xu & Geoffrey J Bannister, 2017. "Trends and Challenges in Infrastructure Investment in Low-Income Developing Countries," IMF Working Papers 17/233, International Monetary Fund.
  • Handle: RePEc:imf:imfwpa:17/233
    as

    Download full text from publisher

    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=45339
    Download Restriction: no

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfwpa:17/233. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jim Beardow) or (Hassan Zaidi). General contact details of provider: http://edirc.repec.org/data/imfffus.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.