000			02745cam a22003974a 4500
001			6780
003			The World Bank
006			m d
007			cr cn|||||||||
008			020129s2014 dcu i001 0 eng
024	8		_a10.1596/1813-9450-6780
035			_a(The World Bank)6780
100	1		_aInderst, Georg
245	1	0	_aInstitutional Investment in Infrastructure in Developing Countries _h[electronic resource] : _bIntroduction to Potential Models / _cInderst, Georg
260			_aWashington, D.C., _bThe World Bank, _c2014
300			_a1 online resource (21 p.)
520	3		_aThe link between infrastructure and economic growth is widely acknowledged-as is the infrastructure gap, which can act as a break on growth in emerging markets and developing economies (EMDEs). Since the global economic and financial crisis, the challenges of raising financing for infrastructure projects in EMDEs are also well known. The challenges come from stretched government finances and restrictions on global bank lending. Hence much attention has been focused on the potential for institutional investors as a growing potential source of financing. This paper argues that infrastructure projects can potentially deliver long-term returns, but investments, particularly in EMDEs need to be carefully structured to meet the needs of both sides. The paper first considers the existing types of institutional investors and their potential for filling the infrastructure financing gap. The challenges of adjusting asset allocations, particularly toward EMDE infrastructure, are discussed and examples of projects where institutional investors have been involved are given. Finally, the paper considers a range of models for the involvement of institutional investors in EMDEs and makes initial proposals for how to determine which model fits best in a particular country context.
650		4	_aBanks and Banking Reform
650		4	_aDebt Markets
650		4	_aEmerging Markets
650		4	_aEmerging-Markets and Developing Economies
650		4	_aFinance and Financial Sector Development
650		4	_aInfrastructure
650		4	_aInstitutional Investors
650		4	_aInsurance Companies
650		4	_aMutual Funds
650		4	_aNon Bank Financial Institutions
650		4	_aPension Funds
650		4	_aPrivate Sector Development
650		4	_aSocial Security Funds
700	1		_aInderst, Georg
700	1		_aStewart, Fiona
776	1	8	_aPrint version: _iInderst, Georg _tInstitutional Investment in Infrastructure in Developing Countries. _dWashington, D.C. : The World Bank, 2014
830		0	_aPolicy research working papers.
830		0	_aWorld Bank e-Library.
856	4	0	_uhttp://elibrary.worldbank.org/doi/book/10.1596/1813-9450-6780
999			_c26284 _d26284