Assessment of the Impact of the Crisis on New PPI Projects - Update 4 : New Private Infrastructure Activity in Developing Countries Recovered in the First Half of 2009 Thanks to the Electricity Sector, But the Crisis Continues to Impact Projects

This review of new private participation in infrastructure (PPI) projects, covering the period up to June 2009, sheds some light on the recent activity and the short-term impact of the financial crisis, compared with the previous updates on the impact of the crisis, this note incorporates several improvements: a larger sample size (714 projects versus 522 in the previous update) over a longer period of time (from January 2008 to June 2009 compared to the previous update, which covered January 2008 to March 2009). The survey finds that the financial crisis significantly affected the rate of project closure rate of new PPI projects in the second half of 2008. The impact of the crisis varies across developing regions with Europe and Central Asia (ECA) being the most affected region so far. This analysis will be refined in the coming quarters to assess the extent to which these trends continue.

Bibliographic Details

Main Author:	World Bank
Language:	English
Published:	World Bank, Washington, DC 2009-10
Subjects:	AIR, AIR PASSENGER, AIR TRAFFIC, AIRPORT, BANK LOANS, BANKING RELATIONSHIPS, BANKS, BOND, BOND MARKET, BONDS, BOTTLENECKS, BUDGET CONSTRAINTS, CAPITAL FLOWS, COMMERCIAL BANK, COMMERCIAL BANK LENDING, COMMERCIAL BANKS, COMMERCIAL LENDING, CREDIT RISK, DEBT, DEBT FINANCIERS, DEMAND FOR TRANSPORTATION, DEVELOPING COUNTRIES, DEVELOPING COUNTRY, DEVELOPMENT BANK, DEVELOPMENT FINANCE, DEVELOPMENT FINANCE COMPANY, DIRECT FINANCING, ECONOMIC ACTIVITY, ECONOMIC CRISIS, ECONOMICS, EMERGING MARKET, EQUITY HOLDERS, EXPENDITURE, EXPORT CREDIT, FINANCE COMPANY, FINANCIAL CRISIS, FINANCIAL MARKET, FINANCIAL MARKETS, FINANCIAL VIABILITY, FREIGHT, FREIGHT TRAFFIC, FUNDING SOURCES, GOVERNMENT BUDGET, GOVERNMENT BUDGETS, GROWTH RATE, GROWTH RATES, INCOME, INCOME GROUP, INCOME GROUPS, INFRASTRUCTURE DEVELOPMENT, INFRASTRUCTURE PROJECTS, INTEREST RATES, LENDERS, LIQUIDITY, LOAN, LOAN SYNDICATIONS, LONG TERM FINANCING, MARKET CONDITIONS, MERCHANT, NATIONAL HIGHWAYS, PASSENGER TRAFFIC, PRIVATE CAPITAL, PRIVATE CAPITAL FLOWS, PRIVATE INFRASTRUCTURE, PUBLIC BANKS, PUBLIC-PRIVATE PARTNERSHIP, REGULATORY FRAMEWORKS, ROAD, ROADS, SOURCES OF FINANCE, STOCK EXCHANGE, SUSTAINABLE DEVELOPMENT, TOLL, TOLL ROADS, TRAFFIC, TRAFFIC GROWTH, TRANSPORT, TRANSPORT PROJECTS, UNDERWRITING, URBAN DEVELOPMENT, WORLD TRADE,
Online Access:	http://documents.worldbank.org/curated/en/2009/10/16357460/assessment-impact-crisis-new-ppi-projects-update-4-new-private-infrastructure-activity-developing-countries-recovered-first-half-2009-thanks-electricity-sector-crisis-continues-impact-projects https://hdl.handle.net/10986/11107
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