The post-2008 financial crisis era has witnessed a significant change in the global
development landscape. Fiscal challenges have led countries that historically provided state …

Due to the growing demand for civil infrastructure, financial innovations are required to close
the financing gap. However, a lack of theories has inhibited a complete understanding and …

This chapter presents firm-level evidence to support the relationship between private equity,
financial development, and corporate governance modernization. It leverages an untapped …

Financial innovations have emerged globally to close the gap between the rising global
demand for infrastructures and the availability of financing sources offered by traditional …

We develop a formal game-theoretic analysis of the economic (value-adding abilities) and
behavioural factors (empathy, emotional excitement, passion) affecting a development …

This dissertation focuses on the creation and testing of a paradigm in innovation and policy
assessment in civil infrastructure system-of-systems (SoS). Many uncertain factors (eg …

The thesis tests whether certification by government and development partners is related to
the choice of project modality and private sector ownership in PPP projects. Results show …

This chapter provides evidence that government-related investors play a relevant role during
the emergence of domestic private capital markets. In particular, it shows different models …

Abstract Development finance institutions (DFIs) have various roles to play in capital
markets. Specifically, the three theoretical principles according to which DFIs are supposed …

determinants of investment. This dissertation makes three main arguments. First, that private
equity investors contribute to the development of financial systems by providing firms with a …