ARTÍCULO
TITULO

Analysis of infrastructure funds as an alternative tool for the financing of public-private partnerships

Antonio Lara-Galera    
Antonio Sánchez-Soliño    
María Gómez-Linacero    

Resumen

AbstractThe impact of the financial crisis has reduced the scope for public investment in infrastructure within government budgets. Governments face a situation where finding new sources of funding becomes essential. In the present paper is shown a vision of infrastructure funding, where new ways of financing are explained and analyzed, focusing on the emergence of the so-called infrastructure funds. The paper provides an insight on the impact of the participation of infrastructure funds in the financing of projects. The main result is a quantitative measure of the cost of using this type of financing instead of traditional debt.

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