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Developing country investors and operators in infrastructure (Английский)

Starting from the late 1980s the underlying trend in public participation in infrastructure (PPI) has pointed upwards and is continuing to do so today. Cycles around the underlying trend are normal and reflect both global capital market conditions and learning experiences in developing countries. While the decline following the 1995-97 peak could appear to be a turning point, it should rather be seen as the burst of a large bubble of exuberance, principally...
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