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Financing Infrastructure: A Spectrum of Country Approaches

Author

Listed:
  • Sophia Chong

    (Reserve Bank of Australia)

  • Emily Poole

    (Reserve Bank of Australia)

Abstract

Over recent decades, there has been a shift away from public infrastructure financing towards private infrastructure financing, particularly in advanced economies. In this article, infrastructure financing in four countries – China, India, Australia and the United Kingdom – is examined to illustrate the different approaches taken by governments to finance infrastructure and encourage private financing. In all four countries, public financing of infrastructure remains significant, ranging from one-third in the United Kingdom to almost all financing in China.

Suggested Citation

  • Sophia Chong & Emily Poole, 2013. "Financing Infrastructure: A Spectrum of Country Approaches," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 65-76, September.
    • Handle: RePEc:rba:rbabul:sep2013-08
    as

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    File URL: https://www.rba.gov.au/publications/bulletin/2013/sep/pdf/bu-0913-8.pdf
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    References listed on IDEAS

    as
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    5. Chris Chan & Danny Forwood & Heather Roper & Chris Sayers, 2009. "Public Infrastructure Financing: An International Perspective," Staff Working Papers 0902, Productivity Commission, Government of Australia.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Lyushyna, Yanina, 2017. "Vietnam in ASEAN: International and Economic Transformation," OSF Preprints sxzfw, Center for Open Science.
    2. Nicole B. Baker & Christian Haddad, 2024. "Private ownership and management control decisions in infrastructure from the perspective of Transaction Cost Theory: Evidence from emerging economies," Economics and Politics, Wiley Blackwell, vol. 36(2), pages 764-791, July.
    3. Emily Poole & Carl Toohey & Peter Harris, 2014. "Public Infrastructure: A Framework for Decision-making," RBA Annual Conference Volume (Discontinued), in: Alexandra Heath & Matthew Read (ed.),Financial Flows and Infrastructure Financing, Reserve Bank of Australia.
    4. Ivailo Izvorski & Appolenia Mbowe & Bakyt Dubashov & Katharina Gassner & Michael J. Ferrantino & Roumeen Islam & Tarik Sahovic, 2020. "Kyrgyz Republic Country Economic Memorandum," World Bank Publications - Reports 33494, The World Bank Group.
    5. De Oliveira Alberto, 2020. "Financial innovations and sanitation services: the battle between low-income users and shareholders," Bulletin of Geography. Socio-economic Series, Sciendo, vol. 47(47), pages 63-74, March.
    6. Ardeshiri, Ali & Rashidi, Taha Hossein, 2020. "Willingness to pay for fast charging station for electric vehicles with limited market penetration making," Energy Policy, Elsevier, vol. 147(C).
    7. Huang, Wei Hong & Chen, Yang & Rudkin, Simon, 2014. "Dynamic Fiscal competition with public infrastructure investment: Austerity and attracting capital inflow," RIEI Working Papers 2014-03, Xi'an Jiaotong-Liverpool University, Research Institute for Economic Integration, revised 02 Mar 2016.
    8. Michael Regan, 2017. "Capital Markets, Infrastructure Investment and Growth in the Asia Pacific Region," IJFS, MDPI, vol. 5(1), pages 1-28, February.
    9. Flanagan, Kathleen & Martin, Chris & Jacobs, Keith & Lawson, Julie & Hayward, Richard Donald, 2019. "A conceptual analysis of social housing as infrastructure," SocArXiv wmuc4, Center for Open Science.

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    More about this item

    Keywords

    infrastructure; G20; financing; investment; public-private partnerships; PPPs; China; India; United Kingdom; Australia;
    All these keywords.

    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General

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