The challenge of infrastructure financing
指出基础设施存在结构性融资缺口，公共部门资金有限而私人部门寻求长期稳定现金流，讨论了促进供需匹配的条件及风险缓解机制。
We argue that in infrastructure there is unfilled demand for financing arising from an almost structural deficiency of infrastructures both in developed markets and emerging markets matched by a limited capacity of financing from the public sector. On the other side of the market, there is unfulfilled supply of funds by the private sector which, in this environment of low rates, is looking for relatively stable and long-term cash flows, which tend to characterize the monetizeable pay-offs of infrastructures. We discuss the conditions to facilitate the meeting of supply and demand. We describe the different risks impinging on the different phases of the construction and operation of infrastructures, and the existing and potential future contractual and regulatory mechanisms to mitigate them.