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Financing telecommunications for rural development

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  • Goldschmidt, Douglas

Abstract

Evidence shows that there has been serious underinvestment in telecommunications facilities in developing countries (DCs). This article analyses the reasons for this neglect, and demonstrates that a major restrictive factor in the development of telecommunications facilities in DCs -- particularly in rural areas -- has been the absence of adequate foreign exchange financing. Through an analysis of three major mechanisms for financing investment -- supplier credits, multilateral lending and bilateral lending -- and of the policies of the major institutions involved, the article identifies those policies that will stimulate the expansion of rural telecommunications in DCs.

Suggested Citation

  • Goldschmidt, Douglas, 1984. "Financing telecommunications for rural development," Telecommunications Policy, Elsevier, vol. 8(3), pages 181-203, September.
    • Handle: RePEc:eee:telpol:v:8:y:1984:i:3:p:181-203
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    Cited by:

    1. Kaldellis, J.K. & Ninou, I. & Zafirakis, D., 2011. "Minimum long-term cost solution for remote telecommunication stations on the basis of photovoltaic-based hybrid power systems," Energy Policy, Elsevier, vol. 39(5), pages 2512-2527, May.

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