The rapid growth of private participation in infrastructure (PPI) in developing countries during the 1990s was followed by a subsequent decline in investments and the re-negotiation and cancellation of some prominent projects. This has lead to controversy as to the impact and the future of PPI. This report attempts to explain the factors behind the growth and decline of PPI, its impact and the policy lessons that have been learnt from this experience...
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Business Business & Investing Economics Political Science Politics & Social Sciences