1.

Record Nr.

UNINA9910451757403321

Autore

Irwin Timothy

Titolo

Government guarantees [[electronic resource] ] : allocating and valuing risk in privately financed infrastructure projects / / Timothy C. Irwin

Pubbl/distr/stampa

Washington, D.C., : World Bank, c2007

ISBN

1-280-81939-1

9786610819393

0-8213-6859-1

Descrizione fisica

1 online resource (230 p.)

Collana

Directions in development. Infrastructure

Disciplina

363.6068/1

Soggetti

Infrastructure (Economics) - Management

Risk management

Public-private sector cooperation

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. 187-203) and index.

Nota di contenuto

Contents; Preface; Acknowledgments; Chapter 1 Overview; Chapter 2 Lessons of History; Chapter 3 Obstacles to Good Decisions; Figures; Tables; Chapter 4 Allocating Exposure to Risk; Chapter 5 The Allocation of Three Risks; Chapter 6 Rules; Chapter 7 Valuing Exposure to Risk; Chapter 8 The Valuation of Exposure to Three Risks; Appendix A; References; Index

Sommario/riassunto

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.