Public Private Partnerships
A discourse of Contingent Liability Crystallization
Versandkostenfrei!
Versandfertig in 6-10 Tagen
62,99 €
inkl. MwSt.
PAYBACK Punkte
31 °P sammeln!
The pressures on public finances, has made it increasingly difficult to fund infrastructure procurement. This has necessitated a resort to private participants, who have to be incentivized through provision of guarantee, to risk their capital and skills. This book evaluated the impact of default on public debt for guarantee arising from public private partnership transactions. Adopting a new approach to estimating guarantee for infrastructure, the Author developed a Governance Risk Factor, which was used to estimate the Value at Risk to which guarantee will be given. This was incorporated into...
The pressures on public finances, has made it increasingly difficult to fund infrastructure procurement. This has necessitated a resort to private participants, who have to be incentivized through provision of guarantee, to risk their capital and skills. This book evaluated the impact of default on public debt for guarantee arising from public private partnership transactions. Adopting a new approach to estimating guarantee for infrastructure, the Author developed a Governance Risk Factor, which was used to estimate the Value at Risk to which guarantee will be given. This was incorporated into a Modified Debt Dynamic Model (MDDM) to assess the impact of default. The results of the estimated Governance Risk Factor mirror the Nigerian political environment with all the associated risk, thus confirming the long held belief that fundamental risk consideration should influence the choice of method in calculating Value at Risk, which will be guaranteed by government, and that politicaland governance considerations are a more useful basis to computing infrastructure guarantee for public private partnership transaction.
Andere Kunden interessierten sich für
