LEADER 04979oam 22011894 450 001 9910788412103321 005 20230721050846.0 010 $a1-4623-7296-1 010 $a1-4527-4304-5 010 $a1-283-51365-X 010 $a9786613826107 010 $a1-4519-1316-8 035 $a(CKB)3360000000443602 035 $a(EBL)1607683 035 $a(SSID)ssj0001479818 035 $a(PQKBManifestationID)11893768 035 $a(PQKBTitleCode)TC0001479818 035 $a(PQKBWorkID)11483110 035 $a(PQKB)11264620 035 $a(OCoLC)647792780 035 $a(MiAaPQ)EBC1607683 035 $a(IMF)WPIEE2008001 035 $a(EXLCZ)993360000000443602 100 $a20020129d2008 uf 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aOptimal Capital Structure of Public-Private Joint Ventures /$fPawel Gasiorowski, Marian Moszoro 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2008. 215 $a1 online resource (15 p.) 225 1 $aIMF Working Papers 300 $a"January 2008." 311 $a1-4518-6863-4 320 $aIncludes bibliographical references (p. 12-13). 327 $aContents; I. Introduction; II. The Relationships Within the Model; III. Determining the Optimal Public-Private Capital Structure; Figures; 1. Area of efficient public-private financing (discrete model); IV. Conclusions; 2. Area of efficient public-private financing (continuous model); References 330 3 $aThis paper presents a model to assess the efficiency of the capital structure in public-private partnerships (PPP). A main argument supporting the PPP approach for investment projects is the transfer of know-how from the private partner to the public entity. The paper shows how different knowledge transfer schemes determine an optimal shareholding structure of the PPP. Under the assumption of lower capital cost of the public partner and lower development outlays when the investment is carried out by a private investor, an optimal capital structure is achieved with both the public and the private parties as shareholders. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2008/001 606 $aPublic-private sector cooperation$xFinance$xEconometric models 606 $aPartnership$xFinance 606 $aFinancial Risk Management$2imf 606 $aInfrastructure$2imf 606 $aMacroeconomics$2imf 606 $aPublic Finance$2imf 606 $aNational Government Expenditures and Related Policies: Infrastructures$2imf 606 $aOther Public Investment and Capital Stock$2imf 606 $aPublic Enterprises$2imf 606 $aPublic-Private Enterprises$2imf 606 $aInternational Financial Markets$2imf 606 $aInvestment$2imf 606 $aCapital$2imf 606 $aIntangible Capital$2imf 606 $aCapacity$2imf 606 $aPublic finance & taxation$2imf 606 $aCivil service & public sector$2imf 606 $aFinance$2imf 606 $aPublic investment and public-private partnerships (PPP)$2imf 606 $aPublic sector$2imf 606 $aPublic investment spending$2imf 606 $aSpecial purpose vehicle$2imf 606 $aPublic-private sector cooperation$2imf 606 $aFinance, Public$2imf 606 $aPublic investments$2imf 606 $aAsset-liability management$2imf 606 $aSaving and investment$2imf 607 $aUnited Kingdom$2imf 615 0$aPublic-private sector cooperation$xFinance$xEconometric models. 615 0$aPartnership$xFinance. 615 7$aFinancial Risk Management 615 7$aInfrastructure 615 7$aMacroeconomics 615 7$aPublic Finance 615 7$aNational Government Expenditures and Related Policies: Infrastructures 615 7$aOther Public Investment and Capital Stock 615 7$aPublic Enterprises 615 7$aPublic-Private Enterprises 615 7$aInternational Financial Markets 615 7$aInvestment 615 7$aCapital 615 7$aIntangible Capital 615 7$aCapacity 615 7$aPublic finance & taxation 615 7$aCivil service & public sector 615 7$aFinance 615 7$aPublic investment and public-private partnerships (PPP) 615 7$aPublic sector 615 7$aPublic investment spending 615 7$aSpecial purpose vehicle 615 7$aPublic-private sector cooperation 615 7$aFinance, Public 615 7$aPublic investments 615 7$aAsset-liability management 615 7$aSaving and investment 700 $aGasiorowski$b Pawel$01546562 701 $aMoszoro$b Marian$01546563 712 02$aInternational Monetary Fund.$bOffice of the Executive Director. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910788412103321 996 $aOptimal Capital Structure of Public-Private Joint Ventures$93802257 997 $aUNINA