LEADER 05653oam 22007095 450 001 9910791029403321 005 20200520144314.0 010 $a1-4648-0240-8 024 7 $a10.1596/978-1-4648-0239-3 035 $a(CKB)2550000001314043 035 $a(EBL)1707276 035 $a(SSID)ssj0001294403 035 $a(PQKBManifestationID)11770024 035 $a(PQKBTitleCode)TC0001294403 035 $a(PQKBWorkID)11316890 035 $a(PQKB)11511826 035 $a(MiAaPQ)EBC1707276 035 $a(Au-PeEL)EBL1707276 035 $a(CaPaEBR)ebr10880272 035 $a(CaONFJC)MIL617232 035 $a(OCoLC)881367421 035 $a(OCoLC)ocn889803334 035 $a(US-djbf)18315675 035 $a(EXLCZ)992550000001314043 100 $a20140925d2014 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt$2rdacontent 182 $cn$2rdamedia 183 $anc$2rdacarrier 200 10$aResource financed infrastructure $ea discussion on a new form of infrastructure financing /$fHavard Halland, John Beardsworth, Bryan Land, and James Schmidt ; with comments by Paul Collier, Alan Gelb, Justin Yifu Lin and Yan Wang, Clare Short, Louis Wells 210 1$aWashington, DC :$cInternational Bank for Reconstruction and Development / The World Bank,$d2014. 210 4$d2014 215 $a1 online resource (xv, 89 pages)$cillustrations (some color) ;$d26 cm 225 1 $aWorld Bank Studies 300 $aDescription based upon print version of record. 311 $a1-4648-0239-4 311 $a1-306-85981-6 320 $aIncludes bibliographical references. 327 $aFront Cover; Contents; Acknowledgments; About the Authors; About the Commentators; Abbreviations; Part 1 Key Perspectives; Overview; Scope and Focus; RFI Essentials; RFI Debated; Criticism and Risks; Part 2 Resource Financed Infrastructure: Origins and Issues; Chapter 1 Introduction; Boxes; Box 1.1 In a Word; Chapter 2 The Origins of the Resource Financed Infrastructure Model; Traditional Resource Development Model; Box 2.1 The Investor; Figures; Figure 2.1 Example of a Traditional Resource Development Model; Box 2.2 Dual Role Risks; Tables; Table 2.1 Traditional Resource Development Model 327 $aTraditional Government Infrastructure Purchasing Model Figure 2.2 Example of a Traditional Government Infrastructure Purchasing Model; Project Finance Model; Table 2.2 Traditional Government Infrastructure Purchasing Model; Figure 2.3 Example of a Project Finance Model; Public-Private Partnership Model; Table 2.3 Project Finance Model; Figure 2.4 Example of a Public-Private Partnership Model; Table 2.4 Public-Private Partnership Model; Mind the Gaps; Chapter 3 Resource. Financed. Infrastructure.; Box 3.1 Three Government Counterparties for One Project? 327 $aFigure 3.1 Example of a Resource Financed Infrastructure Model with Government Ownership of the Infrastructure Component The Resource Financed Infrastructure Model: Similar to Its Parents, But a Unique Child; Figure 3.2 Example of a Resource Financed Infrastructure Model with a PPP Coinvestor in the Infrastructure Component; Table 3.1 Resource Financed Infrastructure Model; Chapter 4 Early Experience with Resource Financed Infrastructure Transactions; Box 4.1 A Model Timeline?; Chapter 5 Financial Issues; Unbundling the Main Financing Characteristics; Box 5.1 Revenue Anticipation Financing 327 $aValuation of Resource Financed Infrastructure Exchanges Box 5.2 Pay the Interest?; Relationship to the Fiscal Regime; Box 5.3 The Project Implementation Unit; Box 5.4 Is Confidentiality Habit Forming?; Infrastructure Pricing; The Role of Concessional Finance; Environmental and Social Obligations; Chapter 6 Structural Issues; Key Contractual Arrangements in the Resource Financed Infrastructure Model; Tendering; Structure of Contract Liabilities and Settlement of Disputes, Current Practices, Main Issues, and Options; Sharing of Risk; Government Ownership/Joint Ventures 327 $aChapter 7 Operational Issues Quality of the Infrastructure/Third-Party Supervision; Operation and Maintenance of Infrastructure; Specification of Technical Standards and Monitoring Requirements; Box 7.1 Choosing Standards; Chapter 8 Conclusions; Part 3 Comments; Comments by Paul Collier; Comments by Alan Gelb; Comments by Justin Yifu Lin* and Yan Wang**; Comments by Clare Short; Box A.1 The EITI Standard's Treatment of Resource Financed Infrastructure; Comments by Louis T. Wells; Back Cover 330 $aIn recent decades, resource-rich developing countries have been using their natural resources as collateral to access sources of finance for investment, countervailing the barriers they face when accessing conventional bank lending and capital markets. One of the financing models that have emerged as a result is the Resource Financed Infrastructure (RFI) model, a derivation of previous oil-backed lending models pioneered by several Western banks in Africa. Under a Resource Financed Infrastructure (RFI) arrangement, a loan for current infrastructure construction is securitized against the net 410 0$aWorld Bank e-Library. 606 $aInfrastructure (Economics) 615 0$aInfrastructure (Economics) 676 $a332.042 700 $aHalland$b Havard$01171143 702 $aHalland$b Ha?vard 702 $aCollier$b Paul 702 $aEdwards$b Sam 702 $aNaylor$b Debra 801 0$bMIA 801 1$bMIA 801 2$bNTD 801 2$bDLC 906 $aBOOK 912 $a9910791029403321 996 $aResource financed infrastructure$93817357 997 $aUNINA