This paper discusses methods of financing transport infrastructure and the implications for public finance. ‘Financing’ in this paper refers to the raising of financial capital to fund infrastructure. However, financing infrastructure is not a self-contained issue. As will be seen, the optimal way to raise capital cannot be separated from the question of how capital is serviced and repaid. Also financing has implications for the ownership, organisation and management of infrastructure.
Macquarie University, Sydney
Finances & Economics