This handbook provides a comprehensive overview of infrastructure financing from a global perspective. It offers an extensive examination of infrastructure financing worldwide. It encompasses a wide range of subjects concerning infrastructure finance, including different project types, financing options, and the functions performed by public and private sector entities in financing and overseeing infrastructure initiatives. Given that infrastructure investment is crucial to socio-economic growth and development, it has become a critical policy priority for governments, investors, and other stakeholders around the world. It is intended for a wide range of readers interested in infrastructure finance, including academics, researchers, students, policymakers, and practitioners.
The handbook offers an in-depth and interdisciplinary overview of infrastructure finance, covering topics such as project finance, public-private partnerships (PPPs), institutional investors, risk management, sustainability, and regulation. As a result, the book is relevant to those studying or working in fields such as project and infrastructure finance, finance, development finance, accounting, economics, public policy, real estate, and sustainability. The global perspective of this book also makes it valuable for those interested in the unique challenges and opportunities associated with infrastructure finance in different regions of the world. Overall, The Routledge Handbook of Infrastructure Finance serves as a valuable resource for anyone seeking to deepen their knowledge and understanding of infrastructure finance in today's complex and rapidly changing global economy.
PART
1. Overview of Infrastructure Development
1. Introduction to the
Handbook of Infrastructure Financing Joshua Yindenaba Abor, John Macomber,
Thankom Arun, and Victor Murinde
2. The Role of Infrastructure in Economic
Transformation: A Global Perspective Ayse Demir and Intan Zanariah Zakaria
3.
Infrastructure Development Needs: A Global Issue Simeon Coleman, Alhassan
Allie Mansaray and Kavita Sirichand
4. Infrastructure Development in North
America George SaKyi and John Macomber
5. Infrastructure Development in
Europe Irina B. Mateus and Cesario Mateus
6. Infrastructure Development
Challenges in Latin America and the Caribbean Hinaunye Eita, Daniel
Ofori-Sasu and Charles Amo-Yartey
7. Infrastructure Development in the MENA
Region Ismaeel Naiya and Bukhari Sillah
8. Infrastructure Development in
Africa: Challenges and Opportunities Baah Aye Kusi, George Nana Agyekum
Donkor, and Zeph Nhleko
9. Infrastructure Investment and Development in Asia
Lakshmy Subramanian and Joseph G. Nellis
10. Global Infrastructure Investment
with Chinese Characteristics Hong Bo and Ruirui Zhu
11. The Infrastructure
Puzzle in Sino-African Economic Relationships Victor Murinde, Richard
Alexander, and Catherine Tuhirirwe PART
2. Infrastructure Financing
Approaches
12. Capital Markets for Infrastructure Projects Simon Wolfe,
Daniel Ofori-Sasu, and Christopher J. Green
13. Project Financing of Large
Infrastructure Benjamin Agyeman, Sydney O. Vanderpuye, Helen Brume, and
Joshua Yindenaba Abor
14. The Role of Private Equity Investments in
Infrastructure Projects Richard A. Dwumfour, Elikplimi K. Agbloyor, Lei Pan,
and Ali Sheikhbahaei
15. The Role of Pension Funds in Financing
Infrastructure Projects Nthabeseng Moleko, Kathryn Assefuah, and Joshua
Yindenaba Abor
16. The Role of Development Finance Institutions in
Infrastructure Financing Joshua Yindenaba Abor, Oyeyemi Kale, and MacDonald
Goanue
17. Securitisation Financing of Infrastructure Projects Paul Gbahabo,
Michael Graham, and Paul Kibuuka
18. Islamic Finance for Infrastructure
Development: Concepts and Evidence Shehu Usman Rano Aliyu and Abdul-Jalil
Ibrahim
19. Infrastructure Finance, Gender, and Peer-to-Peer Microfinance
Lending: Does the Tail Wag the Dog? Ronny Manos and Guy Sidon
20. Risk
Management and Risk Transfer in Major Infrastructure Projects Xiaoming Ding
and Qiong Ji PART
3. Industry Perspectives of Infrastructure Investments
21.
Infrastructure Investing in the Energy Sector Amin Karimu, Jabir I. Mohammed,
Emmanuel Gbolonyo and Runar Brännlund
22. Financing Housing and
Infrastructure Real Estate: A Survey of Global Best Practices Frank Kwakutse
Ametefe, Ayub Naburi, Mutale Katyoka, and Kenneth A. Donkor-Hyiaman
23.
Financing Urban and Transportation Infrastructure Mercy Marimo, Anthony
Kyereboah-Coleman, and Raymond Boumbouya
24. Issues in Airport Infrastructure
Financing Joshua Yindenaba Abor, Isaac Kofi Bekoe, and John Macomber
25.
Infrastructure Investing in the Telecommunications Sector: Emerging Issues
Precious A. Brenni, and Henry Mugisha
26. Investment in Water and Wastewater
Infrastructure Abel M. Agoba, Yuqi Kang, and Ruhul A. Salim
27. Health
Infrastructure Finance and Investment in Africa Patience Aseweh Abor,
Jephthah Owusu Osei, Abbi Kedir, and Kingsley A. Frimpong
28. Financing
Educational Infrastructure Ernest Aryeetey, Paul Terna Gbahabo, and Peter
Quartey PART
4. Public Policy and Infrastructure Development
29. Transparency
in Financing Infrastructure Development Maame Amma F. Fosu, Joseph Kwadwo
Asenso and John Macomber
30. Financing Arrangements in Public-Private
Partnership Bomikazi Zeka, Thankom Arun, and David Carter
31. Resource
Financed Infrastructure: A New Form of Infrastructure Financing Khadijah
Iddrisu, Bumi Camara, and Felix Oppong
32. Regulation of Infrastructure
Investment and Development Joan Michaels PART
5. Innovations for the Future
of Infrastructure Finance
33. Green Infrastructure Financing Joshua Yindenaba
Abor, Victor Murinde, and Khadijah Iddrisu
34. Digital Public Infrastructure:
Foundations and Futures Carlos Sakyi-Nyarko, Ahmad Hassan Ahmad, Victor
Murinde, and Thankom Arun
35. Application of Machine Learning Models in
Credit Risk Assessment of Infrastructure Bonds Yossi Shvimer and Avi Herbon
Joshua Yindenaba Abor is a Financial Economist, Professor of Finance, and former Dean of the University of Ghana Business School with expertise in development finance and economics research and is a member of the Monetary Policy Committee of the Bank of Ghana.
John Macomber is a Senior Lecturer at Harvard Business School and is a recognized expert in infrastructure finance, sustainable urbanization, and project finance, with extensive experience in advising companies, investors, and governments on infrastructure projects around the world.
Thankom Arun is a Professor of Global Development and Accountability at the University of Essex in the UK, a Fellow of the Academy of Social Sciences, UK and has held visiting positions at several institutions, including the Centre for Development Studies in India and the University of Rome, Sapienza.
Victor Murinde is the Executive Director of the African Economic Research Consortium (AERC) and held the endowed chair of AXA Professor in Global Finance and is the founding Director of the Centre for Global Finance at SOAS University of London.