Infrastructure finance in developing countries-- the potential of sub-sovereign bonds / Daniel Platz
2009
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Detalles de los registros
SignaturaST/ESA/2009/DWP/76
TítuloInfrastructure finance in developing countries-- the potential of sub-sovereign bonds / Daniel Platz
AccesoEnglish: wp76_2009 - PDF ;
Resúmen
This paper sets out to explore the potential of sub-sovereign bonds in financing infrastructure in developing countries. Taking into account the historical experience of the US, it develops a supply and demand side framework for analysis of the market for sub-sovereign bonded debt in developing countries and applies this framework to Mexico, India and South Africa. Finally, it draws lessons for countries seeking to promote markets for sub-sovereign bonds. Evidence suggests that the regulatory environment, a diversified financial sector and increased capacity for debt support and management matter most for the development of the sub-sovereign bond market.
Introduction -- The case for sub-sovereign bonds -- Global perspective on the current market for sub-sovereign bonds -- Supply-side factors in sub-sovereign bond issuances in developing countries -- Demand-side factors in sub-sovereign bond issuances in developing countries -- Conclusion.
Introduction -- The case for sub-sovereign bonds -- Global perspective on the current market for sub-sovereign bonds -- Supply-side factors in sub-sovereign bond issuances in developing countries -- Demand-side factors in sub-sovereign bond issuances in developing countries -- Conclusion.
Signatura topográfica
ST/DESA(05)/D62/no.76
AutoresPlatz, Daniel
Series
FechaNew York : UN Dept. of Economic and Social Affairs, July 2009
Descripción
31 p. : chart, graphs, tables
Notas
Includes bibliographical references (p. 30-31).
Also available at Department of Economic Social Affairs website (viewed on 10 Sept. 2009).
Also available at Department of Economic Social Affairs website (viewed on 10 Sept. 2009).