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b'How can private investors be persuaded to invest in public infrastructure \\u2013 like new highways, railways, and dams? \\n\\nMany governments don\\u2019t want to incur further debt. And most politicians are reluctant to impose new or higher taxes on citizens who use the infrastructure.\\n\\nInstitutional investors\\u2014such as pension funds\\u2014don\\u2019t generally see infrastructure as an attractive investment option. This is especially so in emerging economies with untried borrowers. \\n\\nRead the transcript\\nhttps://bit.ly/2Rj8RPY\\n\\nRead the blog\\nhttps://www.asiapathways-adbi.org/2017/05/kick-start-private-infrastructure-with-future-tax-sharing-bonds/\\n\\nAbout the authors\\nNaoyuki Yoshino is dean and chief executive officer of the Asian Development Bank Institute (ADBI) and professor emeritus at Keio University, Tokyo.\\nGrant Stillman is legal advisor at ADBI.\\n\\nKnow more about ADBI\\u2019s work\\nhttps://bit.ly/2CyDzfH\\nhttps://bit.ly/2SlQUxJ'