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Africa’s Infrastructure Finance

Author

Listed:
  • Mahmoud Arbouch
  • Otaviano Canuto
  • Miguel Vazquez

Abstract

Africa’s infrastructure investment gap has widened over time. Addressing the mismatch between developed countries’ “global savings glut” and African countries’ “investment dearth” might be a win-win. To facilitate that matching, some risk mitigation tools can be used. In this brief, we propose that by providing such risk mitigation tools, development institutions and governments can crowd-in private investment rather than crowd them out by providing full financing. This article was originally published on T20 website , as our Fellow Otaviano Canuto, and research assistant in economics, Mahmoud Arbouch are part of the T20 Task Force 3 on infrastructure investment and financing .

Suggested Citation

  • Mahmoud Arbouch & Otaviano Canuto & Miguel Vazquez, 2020. "Africa’s Infrastructure Finance," Policy briefs on Economic Trends and Policies 2042, Policy Center for the New South.
    • Handle: RePEc:ocp:pbecon:pb13
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    File URL: https://www.policycenter.ma/sites/default/files/2021-01/T20_TF3_PB13.pdf
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    References listed on IDEAS

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    1. Barro, Robert J, 1990. "Government Spending in a Simple Model of Endogenous Growth," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 103-126, October.
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