skip to content
Government Guarantees Allocating and Valuing Risk in Privately Financed Infrastructure Projects Preview this item
ClosePreview this item
Checking...

Government Guarantees Allocating and Valuing Risk in Privately Financed Infrastructure Projects

Author: Timothy C Irwin
Publisher: Washington, DC World Bank 2012
Series: Directions in Development; Infrastructure
Edition/Format:   Computer file : EnglishView all editions and formats
Summary:
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 many guarantees. Drawing on a diverse range of disciplines, including finance, history, economics, and psychology, Government Guarantees : Allocating and Valuing Risk in Privately  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Find a copy online

Links to this item

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Material Type: Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Timothy C Irwin
ISBN: 0821368583 9780821368589
OCLC Number: 931686298
Description: Online-Ressource
Series Title: Directions in Development; Infrastructure

Abstract:

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 many guarantees. Drawing on a diverse range of disciplines, including finance, history, economics, and psychology, Government Guarantees : Allocating and Valuing Risk in Privately Financed Infrastructure Projects aims to help governments give guarantees only when they are justified. It reviews the history of government guarantees and identifies the cognitive and political obstacles to good decisions about guarantees. It then develops a framework for judging when governments should bear risk in an infrastructure project (seeking to make precise the oft-invoked principle that risks should be allocated to those best placed to manage them); explains how guarantees can be valued; and discusses how aspects of public-sector management can be modified to improve the likely quality of government decisions about guarantees.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/931686298> # Government Guarantees Allocating and Valuing Risk in Privately Financed Infrastructure Projects
    a schema:CreativeWork, bgn:ComputerFile ;
    library:oclcnum "931686298" ;
    library:placeOfPublication <http://experiment.worldcat.org/entity/work/data/800829502#Place/washington_dc> ; # Washington, DC
    library:placeOfPublication <http://id.loc.gov/vocabulary/countries/dcu> ;
    schema:creator <http://experiment.worldcat.org/entity/work/data/800829502#Person/irwin_timothy_c> ; # Timothy C. Irwin
    schema:datePublished "2012" ;
    schema:description "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 many guarantees. Drawing on a diverse range of disciplines, including finance, history, economics, and psychology, Government Guarantees : Allocating and Valuing Risk in Privately Financed Infrastructure Projects aims to help governments give guarantees only when they are justified. It reviews the history of government guarantees and identifies the cognitive and political obstacles to good decisions about guarantees. It then develops a framework for judging when governments should bear risk in an infrastructure project (seeking to make precise the oft-invoked principle that risks should be allocated to those best placed to manage them); explains how guarantees can be valued; and discusses how aspects of public-sector management can be modified to improve the likely quality of government decisions about guarantees." ;
    schema:exampleOfWork <http://worldcat.org/entity/work/id/800829502> ;
    schema:inLanguage "en" ;
    schema:isPartOf <http://experiment.worldcat.org/entity/work/data/800829502#Series/directions_in_development_infrastructure> ; # Directions in Development; Infrastructure
    schema:name "Government Guarantees Allocating and Valuing Risk in Privately Financed Infrastructure Projects" ;
    schema:productID "931686298" ;
    schema:publication <http://www.worldcat.org/title/-/oclc/931686298#PublicationEvent/washington_dcworld_bank2012> ;
    schema:publisher <http://experiment.worldcat.org/entity/work/data/800829502#Agent/world_bank> ; # World Bank
    schema:url <http://www.gbv.de/dms/bowker/toc/9780821368589.pdf> ;
    schema:url <http://hdl.handle.net/10986/6638> ;
    schema:workExample <http://worldcat.org/isbn/9780821368589> ;
    wdrs:describedby <http://www.worldcat.org/title/-/oclc/931686298> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/800829502#Person/irwin_timothy_c> # Timothy C. Irwin
    a schema:Person ;
    schema:familyName "Irwin" ;
    schema:givenName "Timothy C." ;
    schema:name "Timothy C. Irwin" ;
    .

<http://experiment.worldcat.org/entity/work/data/800829502#Place/washington_dc> # Washington, DC
    a schema:Place ;
    schema:name "Washington, DC" ;
    .

<http://experiment.worldcat.org/entity/work/data/800829502#Series/directions_in_development_infrastructure> # Directions in Development; Infrastructure
    a bgn:PublicationSeries ;
    schema:hasPart <http://www.worldcat.org/oclc/931686298> ; # Government Guarantees Allocating and Valuing Risk in Privately Financed Infrastructure Projects
    schema:name "Directions in Development; Infrastructure" ;
    .

<http://worldcat.org/isbn/9780821368589>
    a schema:ProductModel ;
    schema:isbn "0821368583" ;
    schema:isbn "9780821368589" ;
    .

<http://www.worldcat.org/title/-/oclc/931686298>
    a genont:InformationResource, genont:ContentTypeGenericResource ;
    schema:about <http://www.worldcat.org/oclc/931686298> ; # Government Guarantees Allocating and Valuing Risk in Privately Financed Infrastructure Projects
    schema:dateModified "2019-02-09" ;
    void:inDataset <http://purl.oclc.org/dataset/WorldCat> ;
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.