Infrastructure remains seriously underprovided throughout the developing world. The World Bank finds that investment in Africa alone falls short of the level required by $48billion a year. As well as the quantity of investment, however, quality also matters.
Stephen Spratt (IDS) and Lily Ryan-Collins (Engineers Against Poverty) undertook a systematic review of the evidence for the Private Infrastructure Development Group (PIDG) to see how Development Finance Institutions are performing.
