
The Promise and Perils of Infrastructure Privatization
The Macquarie Model
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This book examines infrastructure privatization, worldwide and particularly in the United States, by investment banks as one way to promote economic growth and productivity.
This book focuses on the Macquarie Group Ltd. From its modest beginnings in Australia, Macquarie has achieved preeminence as the world's leading non-governmental operator of infrastructure assets. Its infrastructure fund model leases (or buys) staid assets ranging from toll roads to airports, piles on debt and reaps handsome rewards.