Publications

- February 1, 2015: Vol. 8, Number 2

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Lessons for investors and policymakers: An excerpt from Institutional Investment in Infrastructure in Emerging Markets and Developing Economies

by Georg Inderst and Fiona Stewart

1 The following article is the first of several excerpts that will appear in I3 from Institutional Investment in Infrastructure in Emerging Markets and Developing Economies,a report commissioned by the World Bank and the Public-Private Infrastructure Advisory reviewing the role of institutional investors in financing infrastructure in emerging markets and developing economies. The discussion analyzes the present level of involvement as well as the future investment potential of new financing sources such as public and private pension funds, insurance companies, and sovereign wealth funds. The report with footnotes and references is available at www.georginderst.com, www.ppiaf.org or the SSRN. The report Institutional Investment in Infrastructure in

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