TY - BOOK AU - Carter,Laurence AU - Bond,Gary E. ED - International Finance Corporation. TI - Financing private infrastructure SN - 0821338226 AV - HC59.72.C3 C37 1996 U1 - 332.6'7314 PY - 1996/// CY - Washington, D.C. PB - World Bank KW - Infrastructure (Economics) KW - Infrastructure investment KW - Economic development projects N1 - Prepared by Laurence Carter and Gary Bond; At head of title: International Finance Corporation; Includes bibliographical references (p.[127]-128) N2 - An important conclusion to emerge from this review of IFC operational experience in that the efficiency of private infrastructure provision depends very much on the policy and regulatory environments that are created by governments. At each stage of a project's life cycle (which will usually include bidding, negotiation, financial closure, construction and operation), government agencies play a fundamental role that can mean the difference between success and failure. The quality of the enabling environment, perhaps more so than country risk or income levels, will determine much of the pace at which private infrastructure is implemented in the coming years ER -