00883cam0 22002533 450 E60020002498520210517083618.020070202d2006 |||||ita|0103 baitaITFiscalità sovranazionaleGuida al diritto tributario comunitarioProfili fiscali internazionali e comparati[Piergiorgio Valente]2. edMilanoIl Sole 24 Ore[2006]XXXII, 924 p.25 cm.Valente, PiergiorgioAF00007957070267528ITUNISOB20210517RICAUNISOBUNISOB330132993E600200024985M 102 Monografia moderna SBNM330001580Si132993acquistocatenacciUNISOBUNISOB20070202103511.020210517083602.0AlfanoFiscalità sovranazionale730234UNISOB05496nam 2200721Ia 450 991045729890332120210511105710.01-281-04883-697866110488390-08-048957-5(CKB)1000000000349808(EBL)294333(OCoLC)469589667(SSID)ssj0000230591(PQKBManifestationID)11173857(PQKBTitleCode)TC0000230591(PQKBWorkID)10178322(PQKB)10021697(MiAaPQ)EBC294333(CaSebORM)9780750680547(PPN)22849172X(Au-PeEL)EBL294333(CaPaEBR)ebr10186504(CaONFJC)MIL104883(EXLCZ)99100000000034980820070716d2007 uy 0engur|n|---|||||txtccrPublic-private partnerships[electronic resource] principles of policy and finance /E.R. Yescombe1st editionAmsterdam ;London Butterworth-Heinemannc20071 online resource (369 p.)Elsevier financeDescription based upon print version of record.1-4933-0323-6 0-7506-8054-7 Includes bibliographical references (p. 327-333).Front Cover; Public-Private Partnerships: Principles of Policy and Finance; Copyright Page; Contents; List of Figures; List of Tables; Introduction; Chapter 1 What are Public-Private Partnerships?; 1.1 Introduction; 1.2 Public Infrastructure and the Private Sector; 1.3 Public-Private Partnerships; 1.4 Development and Structures; 1.5 PPPs and Public Infrastructure; 1.6 Types of PPP; Chapter 2 PPPs-For and Against; 2.1 Introduction; 2.2 New Public Management, Privatisation and PPPs; 2.3 Budgetary Benefit; 2.4 Additionality; 2.5 Financing Cost and Risk Transfer2.6 Risk Transfer and Value for Money2.7 Economies of Scale; 2.8 Whole-Life Costing and Maintenance; 2.9 Private-Sector Skills; 2.10 Public-Sector Reform; 2.11 Complexity; 2.12 Flexibility; 2.13 PPPs and Politics; Chapter 3 PPPs Worldwide; 3.1 Introduction; 3.2 Developing PPP Programmes; 3.3 Legal Framework; 3.4 United Kingdom; 3.5 United States; 3.6 Australia; 3.7 France; 3.8 Korea; 3.9 Spain; 3.10 South Africa; Chapter 4 Cash Flow and Investment Analysis; 4.1 Introduction; 4.2 Net Present Value/Discounted Cash Flow; 4.3 Internal Rate of Return4.4 Problems with DCF and IRR Calculations4.5 Uses in PPPs; Chapter 5 The Public-Sector Investment Decision; 5.1 Introduction; 5.2 Economic Justification; 5.3 Value for Money and the Public-Sector Comparator; 5.4 Affordability; 5.5 Balance-Sheet Treatment; Chapter 6 Public-Sector Procurement and Contract Management; 6.1 Introduction; 6.2 Project Management; 6.3 Procurement Procedures; 6.4 Other Procurement Issues; 6.5 Due Diligence; 6.6 Contract Management; 6.7 External Advisers; Chapter 7 The Private-Sector Investor's Perspective; 7.1 Introduction; 7.2 The Investment Pool7.3 The Investment Decision7.4 Bidding and Project Development; 7.5 Joint-Venture Issues; 7.6 The Project Company; 7.7 External Advisers; Chapter 8 Project Finance and PPPs; 8.1 Introduction; 8.2 Development of Project Finance; 8.3 Features of Project Finance; 8.4 The Project-Finance Market; 8.5 Why Use Project Finance for PPPs?; Chapter 9 Private-Sector Financing-Sources and Procedures; 9.1 Introduction; 9.2 The Rôle of the Financial Adviser; 9.3 Commercial Banks; 9.4 Bond Issues; 9.5 Bank Loans v. Bonds; 9.6 Mezzanine Debt; Chapter 10 Financial Structuring10.1 Introduction10.2 The Financial Model; 10.3 Model Inputs and Outputs; 10.4 Financing Costs; 10.5 Debt Profile; 10.6 Cover Ratios; 10.7 Relationship between Cover Ratio, Leverage and Equity Return; 10.8 Accounting and Taxation Issues; 10.9 Recourse to the Sponsors; Chapter 11 Financial Hedging; 11.1 Introduction; 11.2 Interest-Rate Risk; 11.3 Inflation Issues; Chapter 12 Lenders' Cash-Flow Controls, Security and Enforcement; 12.1 Introduction; 12.2 Control of Cash Flow; 12.3 Security; 12.4 The Rôle of Insurance; 12.5 Events of Default; 12.6 Intercreditor issuesChapter 13 Service-Fee MechanismOver the last decade or so, private-sector financing through public-private partnerships (PPPs) has become increasingly popular around the world as a way of procuring and maintaining public-sector infrastructure, in sectors such as transportation (roads, bridges, tunnels, railways, ports, airports), social infrastructure (hospitals, schools, prisons, social housing) public utilities (water supply, waste water treatment, waste disposal), government offices and other accommodation, and other specialised services (communications networks or defence equipment). This book, based on the author'sElsevier finance.Infrastructure (Economics)FinancePublic-private sector cooperationElectronic books.Infrastructure (Economics)Finance.Public-private sector cooperation.338338.74Yescombe E. R871601MiAaPQMiAaPQMiAaPQBOOK9910457298903321Public-private partnerships1999021UNINA