Social infrastructure investment: private finance and institutional investors

Inderst, Georg (2015): Social infrastructure investment: private finance and institutional investors. Published in: “Investing in Long-Term Europe: Re-launching Fixed, Network and Social Infrastructure”, edited by Paolo Garonna and Edoardo Reviglio, LUISS University Press Rome, 2015 (December 2015): pp. 204-209.

Abstract

Investment in infrastructure is important to the society and the economy. The focus of the current debates is primarily on economic infrastructure, especially on transport and energy networks. In contrast, investment in social sectors, such as education and health, has so far received surprisingly little attention. This should change.

This short paper makes observations and comments on the role of private finance and the activity of institutional investor in this field. It highlights the specific investment characteristics of social infrastructure, and the barriers for more investment. There is much room for higher private participation in social infrastructure investment.

• Item Type: MPRA Paper
• Language: English
• Keywords: Social infrastructure investment, infrastructure finance, infrastructure policy, pension funds, institutional investors
• Subjects: E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E22 - Investment ; Capital ; Intangible Capital ; Capacity; G - Financial Economics > G1 - General Financial Markets > G11 - Portfolio Choice ; Investment Decisions; G - Financial Economics > G2 - Financial Institutions and Services > G23 - Non-bank Financial Institutions ; Financial Instruments ; Institutional Investors; G - Financial Economics > G2 - Financial Institutions and Services > G28 - Government Policy and Regulation; H - Public Economics > H5 - National Government Expenditures and Related Policies > H54 - Infrastructures ; Other Public Investment and Capital Stock

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