This report estimates the returns that private investors in infrastructure projects in Latin America really made on their investments, and assesses the adequacy of these returns relative to the risks taken-the cost of capital-and the impact that the quality of regulation had on the closeness of alignment between returns and the cost of capital. This is done by estimating both historical and projected future returns earned by a sample of private infrastructure...
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2005/01/01
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Documento de Trabalho
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37568
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1
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1
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2010/07/01
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Disclosed
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How profitable are infrastructure concessions in Latin America? Empirical evidence and regulatory implications
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cost of capital
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