This economic policy note presents the dilemma between private infrastructure and public risk. The note examines the fact that, increasingly, governments in many developing countries are relying on the private sector to provide infrastructure services, thus being forced - because of policy shortcomings - to assume risks that private investors should bear. However, through the improvement in policies, such as risk reduction and guarantee improvement...
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INFORMATION
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1998/11/30
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Fiche
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18576
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1
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1
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2010/07/01
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Disclosed
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Private infrastructure, public risk
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adverse terms of trade shock
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