Government Guarantees: Allocating and Valuing Risk in Privately Financed Infrastructure Projects PDF (Adobe DRM) download by Timothy Irwin

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

World Bank Publications
Publication date: March 2007
ISBN: 9780821368596
Digital Book format: PDF (Adobe DRM)

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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 principles for allocating risk (and therefore guarantees), techniques for valuing guarantees, and rules to encourage good decisions.
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