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tap into the pool of both public and private long-term savings in order to channel the latter into much needed …
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years. It will briefly describe the generally unsatisfactory results of public service privatization in developing countries …
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fundamental fiscal reform with privatization receipts and future tax income from privately run companies …
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In this paper, we investigate whether Public Private Partnerships (PPPs), with readily pledgable Government assets, reduce the underinvestment problems faced by private sector firms in emerging markets. We analyse investment-cash flow sensitivity and its determinants for the partnering private...
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Infrastructure assets have undergone substantial privatization around the world in recent decades. How do these assets … perform post-privatization? This paper examines global airports. Our central finding is that the type of ownership matters …: Volume, efficiency, and quality improve substantially under private equity (PE) ownership—both following privatization and in …
Persistent link: https://www.econbiz.de/10014236726
Infrastructure assets have undergone substantial privatization in recent decades. How do different types of owners … rather than operational changes. Overall, we find little evidence that privatization alone increases airport performance …; instead, infrastructure funds improve performance both in privatization and subsequent acquisitions from non-PE private firms …
Persistent link: https://www.econbiz.de/10013435106
Infrastructure development in Southeast Asia has been financed mainly by public funds, which leave wide gaps in …
Persistent link: https://www.econbiz.de/10011896328