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Is Debt Replacing Equity in Regulated Privatized Infrastructure in Developing Countries?
  • Language: en
  • Pages: 28

Is Debt Replacing Equity in Regulated Privatized Infrastructure in Developing Countries?

  • Type: Book
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  • Published: 2004
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  • Publisher: Unknown

"Da Silva, Estache, and Järvelä describe the evolution of the financing structure of regulated privatized utilities and transport companies. To do so, they rely on a sample of 121 utilities distributed over 16 countries, and 23 transport infrastructure operators and 23 transport services operators distributed over 23 countries. The authors show that leverage rates vary significantly across sectors, with the highest rates observed in transport and the lowest in water. Moreover, they also show that the 1997 Asia crisis led operators to adjust their financial structure differently in different regions. Overall, the evidence they present shows that debt is replacing equity in financing the inv...

The Routledge Companion to Public-Private Partnerships
  • Language: en
  • Pages: 520

The Routledge Companion to Public-Private Partnerships

  • Type: Book
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  • Published: 2013-03-05
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  • Publisher: Routledge

A public-private partnership (PPP) is a contractual arrangement with appropriate risk sharing between public and private partners for the delivery of public infrastructure or services, which is intended to create value-for-money to the taxpayer. The Routledge Companion to Public-Private Partnerships provides a cutting-edge survey of the field. PPPs remain a highly controversial subject matter globally and this comprehensive and authoritative volume provides a terrific compendium of information for students and scholars charged with understanding, critiquing and advancing this model. With sections devoted to legal aspects, institutional economics perspectives, finance and accountability - the editors draw together an impressive range of contributors from around the world.

Government Guarantees
  • Language: en
  • Pages: 230

Government Guarantees

The book considers when governments should give guarantees to private investors. After describing the history of guarantees, and the challenges the politics and psychology create for good decisions, the book sets out a principles for allocating risk (and therefore guarantees), techniques for valuing guarantees, and rules to encourage good decisions.

The World Bank Research Program, 2005-2007
  • Language: en
  • Pages: 286

The World Bank Research Program, 2005-2007

This pocket-sized reference on key environmental data for over 200 countries includes key indicators on agriculture, forestry, biodiversity, energy, emission and pollution, and water and sanitation. The volume helps establish a sound base of information to help set priorities and measure progress toward environmental sustainability goals.

Globalization and the Race to the Bottom in Developing Countries
  • Language: en
  • Pages: 324

Globalization and the Race to the Bottom in Developing Countries

  • Type: Book
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  • Published: 2008-09-25
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  • Publisher: Unknown

Challenges conventional wisdoms surrounding globalisation's effects on developing countries, suggesting that the real losers are the middle classes.

World Bank Research Program
  • Language: en
  • Pages: 290

World Bank Research Program

  • Type: Book
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  • Published: 2005
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  • Publisher: Unknown

None

Business Environment and Firm Entry
  • Language: en
  • Pages: 60

Business Environment and Firm Entry

"Using a comprehensive database of firms in Western and Eastern Europe, we study how the business environment in a country drives the creation of new firms. Our focus is on regulations governing entry. We find entry regulations hamper entry, especially in industries that naturally should have high entry. Also, value added per employee in naturally "high entry" industries grows more slowly in countries with onerous regulations on entry. Interestingly, regulatory entry barriers have no adverse effect on entry in corrupt countries, only in less corrupt ones. Taken together, the evidence suggests bureaucratic entry regulations are neither benign nor welfare improving. However, not all regulations inhibit entry. In particular, regulations that enhance the enforcement of intellectual property rights or those that lead to a better developed financial sector do lead to greater entry in industries that do more R & D or industries that need more external finance"--National Bureau of Economic Research web site.

Melodious Accord
  • Language: en
  • Pages: 100

Melodious Accord

  • Type: Book
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  • Published: 1991
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  • Publisher: Unknown

None

Modern Economic Regulation
  • Language: en
  • Pages: 779

Modern Economic Regulation

Brings economic regulation to life by tracing theoretical insights through to real-world applications in eight essential regulated sectors.