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Financing infrastructure – International trends - …

OECD Journal: Financial Market TrendsVolume 2014/1 OECD 2014123 Financing infrastructure International trendsbyRaffaele Della Croce and Stefano Gatti*The infrastructure Financing market has gone through a process of radicaltransformation starting from the mid-2000s. Different reasons including achanged macroeconomic environment, more stringent regulations on financialintermediaries, and a modified appetite for long-term asset investments have ledto a reallocation of flows from the banking sector to the institutional investorssector. This article provides an overview of International trends in infrastructurefinance.

FINANCING INFRASTRUCTURE – INTERNATIONAL TRENDS 124 OECD JOURNAL: FINANCIAL MARKET TRENDS – VOLUME 2014/1 © OECD 2014 1. Introduction The problem of public financing of infrastructure is a topic on top of policymakers’

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