Recent Trends in Private Participation in Infrastructure

Roger, Neil

World Bank, Washington, DC

关键词: ACCOUNTING;    ASSETS;    DEBT;    INCOME;    INNOVATIONS;   

RP-ID  :  19927

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Private activity in infrastructure - asmeasured by investment flows to projects with privateparticipation - grew dramatically in developing countriesbetween 1990 and 1997, from about US$16 billion to US$120billion. It then declined by about a fifth to US$95 billionin 1998, a result of the Asian financial crisis that beganin mid-1997. Private activity in 1998, sustained by a US$19billion telecommunications privatization in Brazil, remainedabove the 1996 level. Investment over the past eight yearstotaled nearly US$500 billion. Private investment nowaverages about 40 percent of the total for infrastructure indeveloping countries. More goes to telecommunications andenergy than other sectors, and more to East Asia and LatinAmerica than other regions. But almost all developingcountries have some private activity in infrastructure.