The private provision of urban infrastructure: financial intermediation through long term contracts

This paper deals with pension fund investment in urban infrastructure projects . It is suggested that the potential returns (and risks) with such projects are significantly greater than comparable fixed-income products though they have long gestation periods like gilt-edged securities. Our argument...

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Bibliographic Details
Main Authors: Clark, G, Evans, J
Format: Journal article
Language:English
Published: Routledge 1998
Subjects: