This digital document is an article from Finance & Development, published by International Monetary Fund on June 1, 1998. The length of the article is 2905 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The privatization of infrastructure in East Asian countries has progressed slowly because of government reluctance to relinquish control. Private investment in infrastructure in the region, excluding Japan, accounts for only between 12% to 18% of total investment, compared to 50% in Chile and at least 70% in Argentina and Hungary. Attempts to privatize infrastructure have been hindered by governments that are reluctant to relinquish control. East Asian governments need to liberalize the infrastructure sector and promote competition, while creating new strategic roles for themselves. They must disengage from direct or contingent financing of projects, and create a transparent regulatory environment that reaffirms the government's commitment to privatization.

Citation Details
Title: Building on East Asia's infrastructure foundations. (includes related articles on private infrastructure projects in Asia)(Asian Crisis)
Author: Ashoka Mody
Publication: Finance & Development (Magazine/Journal)
Date: June 1, 1998
Publisher: International Monetary Fund
Volume: v35 Issue: n2 Page: p22(4)

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