Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE (www.oxfordhandbooks.com). © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 19 October 2019

Abstract and Keywords

This chapter examines the current investment gap in the emerging market and developing economy (EMDE) infrastructure market and proposes innovative solutions to help close the gap and supplement local financing by mobilizing international financial sources to support EMDE projects. The chapter highlights the importance of treating EMDE infrastructure as an asset class and the associated implications to investors, regulators, project sponsors, and other stakeholders. Specific products include project asset-based securities, puttable bonds, programmatic risk guarantees, and securitized infrastructure loan products. The chapter explores potential investor targets for the emerging market infrastructure sector and lays out proposed structures for alternative financing products that engage commercial and multilateral development banks to mobilize additional finance.

Keywords: PP, public–private partnership, project bond, multilateral supports, securitization, collateralized loan obligation, asset-backed security, asset class

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.