Table 1: Challenges of water... | Emerald Publishing

Table 1:

Challenges of water infrastructure financing

Challenges	x¯	σX	R
Corruption	4.49	0.705	1
Hostile to private participation	4.29	0.764	2
Weak project structuring	4.24	0.735	3
High fiscal deficits by state government	4.23	0.790	4
Cost recovery constraints	4.23	0.857	4
High credit risk for private financing	4.21	0.738	5
Unreliable planning and procurement processes	4.20	0.897	6
Insufficient municipal revenues	4.18	0.838	7
Financial sector obstacles	4.15	0.788	8
Insufficient subsidies	4.14	0.797	9
Lack of political and administrative stability	4.14	0.851	9
Dearth of funds in domestic markets	4.13	0.921	10
Lack of creditworthiness among municipalities	4.12	0.786	11
High development and transaction cost	4.12	0.800	11

Challenges	x¯	σX	R
Corruption	4.49	0.705	1
Hostile to private participation	4.29	0.764	2
Weak project structuring	4.24	0.735	3
High fiscal deficits by state government	4.23	0.790	4
Cost recovery constraints	4.23	0.857	4
High credit risk for private financing	4.21	0.738	5
Unreliable planning and procurement processes	4.20	0.897	6
Insufficient municipal revenues	4.18	0.838	7
Financial sector obstacles	4.15	0.788	8
Insufficient subsidies	4.14	0.797	9
Lack of political and administrative stability	4.14	0.851	9
Dearth of funds in domestic markets	4.13	0.921	10
Lack of creditworthiness among municipalities	4.12	0.786	11
High development and transaction cost	4.12	0.800	11