The World Bank Group's Financial Instruments for Infrastructure
Author: Philippe Benoit Date: 1/1/1997 (PDF, 200KB)
Philippe Benoit explains the financial and contractual structure of the main financial instruments offered by the Bank Group--the International Bank for Reconstruction and Development, the International Development Association, the International Finance Corporation, and the Multilateral Investment Guarantee Agency--to support public and private infrastructure projects. These instruments include loans, guarantees, equity investments, and political risk insurance.