An Overview of Private-Sector Financing of Urban Infrastructure Services

A Developing Countries Perspective

Bibliographic Data

ID12456199
AuthorsDavid E Dowall (University of California, Berkeley, corresponding author)
Year1996
Volume1
Issue1
Pages76-87
Publication date1996-07-01
Open AccessYes
TypeARTICLE
VenuePublic Works Management & Policy (JOURNAL)
Journal identifiersISSN: 1087-724X • E-ISSN: 1552-7549
PublisherSAGE Publishing (PUBLISHER • US)
DOI10.1177/1087724x9600100108
OpenAlexW2155712507
LanguageEN
References cited7

Although most private-sector financing activity takes place in developed countries, attention is quickly shifting to less developed countries, where enormous infrastructure deficiencies, rapid urbanization, and limited public-sector resources are forcing governments to consider alternatives to the traditional public provision of infrastructure services. This article provides an overview of the principal methods used by central and local governments to foster the private provision and financing of urban infrastructure services. The techniques include land privatization; development exactions; special assessment and benefit assessment districts; certificates of participation; private contracting of services; leases and concessions; build, operate, and transfer (BOT) projects; public-private partnerships; the privatization of services; commercial bank financing; infrastructure funds; and private bond financing. Each section describes the technique, provides examples of where it is used, and discusses key implementation issues

Business · Critical infrastructure · Developing country · Economic growth · Economics · Principal (computer security · Private finance initiative · Private sector · Private sector development · Public infrastructure · Public sector · Urbanization · Fiscal Policy and Economic Growth · Housing Market and Economics · Public-Private Partnership Projects · Finance

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