Publication: Private Infrastructure : Private Activity Fell by 30 Percent in 1999
Date
2000-09
ISSN
Published
2000-09
Author(s)
Izaguirre, Ada Karina
Rao, Geetha
Abstract
This note, which draws on the World
Bank's Private Participation in Infrastructure (PPI)
database, provides an overview of recent trends in
infrastructure projects with private participation in
developing countries. Three main trends have emerged during
the past decade. Private activity in infrastructure grew
dramatically between 1990 and 1997, but declined because of
the financial crises of 1998-99. Most developing countries
have some private activity in infrastructure, but Latin
America, and East Asia dominate investments. It is suggested
that private infrastructure activity in developing economies
will revive as they recover form the economic crisis of the
late 1990s, and the fundamental reasons for long-term
private activity, - increasing demand for infrastructure,
sector inefficiencies, and public budget constraints - will continue.
Citation
“Izaguirre, Ada Karina; Rao, Geetha. 2000. Private Infrastructure : Private Activity Fell by 30 Percent in 1999. Viewpoint: Public Policy for the Private Sector; Note No. 215. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/3cfab4d3-63f5-528a-a0d2-c76413b1071a License: CC BY 3.0 IGO.”
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