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Michael Wilkins discusses the rise of "shadow banking" in Infrastructure in GT News

The shadow banking sector is becoming an increasingly important source of finance for construction group treasurers and infrastructure projects worldwide, although potential investors are cautious due to a lack of historical performance data and their limited understanding of construction risk. This article reviews how the infrastructure sector has a growing reliance on shadow banking and asks whether its opaque nature risks the development of a credit bubble.

To read the full article, please click here

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