Mexico Financial Sector Assessment Program : Infrastructure Finance and Capital Markets -- Achievements and Challenges
Mexico’s challenges in infrastructure finance can be framed along similar lines as other Advanced Economies (AEs) and large Emerging Market Economies (EMEs). Mexico is particularly well placed to make capital markets a reliable financing source com...
| Main Authors: | , |
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2017
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/993631507883613929/Infrastructure-finance-and-capital-markets-achievements-and-challenges http://hdl.handle.net/10986/28600 |
| Summary: | Mexico’s challenges in infrastructure
finance can be framed along similar lines as other Advanced
Economies (AEs) and large Emerging Market Economies (EMEs).
Mexico is particularly well placed to make capital markets a
reliable financing source complementing bank financing. Its
capital markets are relatively mature, there is sufficient
critical mass of long-term domestic institutional investors,
and there is a relevant track record of innovative solutions
for infrastructure financing from which to build. Section B
of this Technical Note assesses the degree of maturity of
the Mexican capital markets in those aspects that are most
relevant for infrastructure financing. Section C discusses
the different elements of the infrastructure financing
ecosystem taking stock of the PPP framework and financial
innovations that have been developed, with emphasis on
impact, expected developments and potential improvements.
Section D, discusses the role of development financial
institutions in mobilizing private sector financing with
emphasis on Banobras and Fonadin. Finally, section E
concludes and provides a set of recommendations |
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