Uneven outcomes from private infrastructure finance: evidence from two case studies

Main author: Van Waeyenberge, Elisa
Other authors: Bayliss, Kate
Romero, Maria Jose
Format: Journal Article           
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id eprints-35151
recordtype eprints
institution SOAS, University of London
collection SOAS Research Online
language English
language_search English
description The Sustainable Development Goals have intensified calls for private finance to address a so-called financing gap. This paper provides a critical assessment of the promotion of private finance in infrastructure, assessing two public–private partnerships (PPPs), celebrated for their success in mobilising private funds: a road in Senegal and a hospital in Brazil. While these projects may have had some positive outcomes, their apparent success relies on extensive support from governments and donors. Our findings question the efficacy of private financing as a response to shortages of infrastructure funds. Rather than plugging the financing gap, private finance risks creating fiscal burdens.
format Journal Article
author Van Waeyenberge, Elisa
author_facet Van Waeyenberge, Elisa
Bayliss, Kate
Romero, Maria Jose
authorStr Van Waeyenberge, Elisa
author_letter Van Waeyenberge, Elisa
author2 Bayliss, Kate
Romero, Maria Jose
author2Str Bayliss, Kate
Romero, Maria Jose
title Uneven outcomes from private infrastructure finance: evidence from two case studies
publisher Taylor and Francis
publishDate 2021
url https://eprints.soas.ac.uk/35151/