{
  "title": "Trends and Challenges in Infrastructure Investment in Low-Income Developing Countries",
  "publication": "IMF Working Papers, November 7, 2017",
  "sourceUrl": "https://www.imf.org/en/publications/wp/issues/2017/11/07/trends-and-challenges-in-infrastructure-investment-in-low-income-developing-countries-45339",
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  "summary": "This paper examines trends in infrastructure investment and its financing in low-income developing countries (LIDCs). Following an acceleration of public investment over the last 15 years, the stock of infrastructure assets increased in LIDCs, even though large gaps remain compared to emerging marke",
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    {
      "heading": "Key findings on investment trends and financing",
      "content": "- Following an acceleration of public investment over the last 15 years, the stock of infrastructure assets increased in LIDCs, even though large gaps remain compared to emerging markets.\n- Infrastructure in LIDCs is largely provided by the public sector; private participation is mostly channeled through Public-Private Partnerships.\n- Grants and concessional loans are an essential source of infrastructure funding in LIDCs.\n- The complementary role of bank lending is still limited to a few countries."
    },
    {
      "heading": "Analysis of gaps and constraints",
      "content": "- Large infrastructure gaps persist in LIDCs relative to emerging markets despite increases in the stock of infrastructure assets.\n- Public-sector dominance in infrastructure provision constrains the scale and efficiency of investments where private participation is limited.\n- Reliance on grants and concessional financing reflects limited domestic and commercial financing capacity in many LIDCs."
    },
    {
      "heading": "Policy recommendations and actions to bridge gaps",
      "content": "- Improve the efficiency of public spending on infrastructure to maximize returns from available resources.\n- Mobilize domestic resources to increase the funding base for infrastructure investment.\n- Secure and coordinate support from development partners to supplement domestic efforts and concessional financing.\n- Crowd in the private sector, including through Public-Private Partnerships, to expand financing sources and leverage private expertise."
    },
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      "heading": "Publication and document metadata",
      "content": "- Authors: Daniel Gurara, Vladimir Klyuev, Nkunde Mwase, Andrea F Presbitero, Geoffrey J Bannister\n- Date: November 7, 2017\n- Series: IMF Working Papers, Working Paper No. 2017/233\n- Pages: 31\n- DOI: https://doi.org/10.5089/9781484324837.001\n\nSource: Trends and Challenges in Infrastructure Investment in Low-Income Developing Countries, IMF Working Paper No. 2017/233 (Daniel Gurara et al.), November 7, 2017.\n\n---\n\n Content in this bundle\n\n- Wp17233\n  - Wp17233 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Wp17233 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2017/11/07/trends-and-challenges-in-infrastructure-investment-in-low-income-developing-countries-45339"
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    "Authors: Daniel Gurara, Vladimir Klyuev, Nkunde Mwase, Andrea F Presbitero, Geoffrey J Bannister",
    "Published: November 7, 2017",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9781484324837.001",
    "Following an acceleration of public investment over the last 15 years, the stock of infrastructure assets increased in LIDCs, even though large gaps remain compared to emerging markets.",
    "Infrastructure in LIDCs is largely provided by the public sector; private participation is mostly channeled through Public-Private Partnerships.",
    "Grants and concessional loans are an essential source of infrastructure funding in LIDCs.",
    "The complementary role of bank lending is still limited to a few countries.",
    "Large infrastructure gaps persist in LIDCs relative to emerging markets despite increases in the stock of infrastructure assets.",
    "Public-sector dominance in infrastructure provision constrains the scale and efficiency of investments where private participation is limited.",
    "Reliance on grants and concessional financing reflects limited domestic and commercial financing capacity in many LIDCs.",
    "Improve the efficiency of public spending on infrastructure to maximize returns from available resources.",
    "Mobilize domestic resources to increase the funding base for infrastructure investment.",
    "Secure and coordinate support from development partners to supplement domestic efforts and concessional financing.",
    "Crowd in the private sector, including through Public-Private Partnerships, to expand financing sources and leverage private expertise.",
    "Authors: Daniel Gurara, Vladimir Klyuev, Nkunde Mwase, Andrea F Presbitero, Geoffrey J Bannister",
    "Date: November 7, 2017",
    "Series: IMF Working Papers, Working Paper No. 2017/233",
    "Pages: 31",
    "DOI: https://doi.org/10.5089/9781484324837.001",
    "**Wp17233**"
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