This paper examines the nature and extent of subsidisation to private sector infrastructure in developing countries. It seeks to provide a better understanding of the types and sources of DFI funding; it suggests that there may be a lack of risk taking by DFIs relative to their high liquidity; and last, but not least, it argues that there is a lack of transparency in DFI operations generally and in the use of technical assistance specifically.
Dirk Willem te Velde and Michael Warner