This paper analyzes data on nearly one thousand developing country bonds issued during 1991-96, a period that spans the recent episode of heavy reliance on bonded debt. Both the issue decisions of debtors...
The Rockfort power project in Jamaica is one of the first cases in which financing from multilateral financial institutions has been successfully used to mobilize private sector financing for a limited...
The study highlights the variety of risks that occur in the provision of water and sanitation services and describes in considerable detail the mechanisms used to allocate and mitigate those risks. Where...
This report identifies the critical issues that are involved in the tendering and evaluation stages of bidding for private concessions. It draws on a survey of bidding experience in eight water and toll...
This study analyzes the 1994-96 private power market to assess trends in market competition, financing structures and sources, and risk allocation. This analysis will provide insights to help governments...
By demonstrating the viability of private finance for a major infrastructure project in a developing country, the Hub Power Project has set an important precedent, particularly in the energy sector. It...
This study looks at the issues and challenges related to private toll road development by considering the experience of eight privately financed toll road projects. After reviewing the history of toll...