Government Guarantees : Allocating and Valuing Risk in Privately Financed Infrastructure Projects

Government guarantees can help persuade private investors to finance valuable new infrastructure. But because their costs are hard to estimate and usually do not show up in the government's accounts, governments can be tempted to grant too man...

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Bibliographic Details
Main Author: Irwin, Timothy C.
Format: Publication
Language:English
en_US
Published: Washington, DC: World Bank 2012
Subjects:
Online Access:http://hdl.handle.net/10986/6638