This paper aims to examine in-depth the events leading up to the partial privatisation in Indonesian State-Owned Banks (SOBs). The paper addresses the following questions: What is the meaning of ‘partial privatisation' in the banking sector? How has partial privatisation of banking been...

This paper examines the link between value creation and transportation provision by conducting an examination of some of the projects financed and managed by Macquarie Bank, perhaps the worldwide leader in private infrastructure finance. Macquarie, an Australian firm, uses an infrastructure...

The Great Depression is a seminal event in history and hence is widely covered in history courses of all types. However, it is often ignored (as is most history) in current core and advanced courses in undergraduate business, economics and finance curricula. This paper discusses ways in which...

Pricing of roads has been a mantra in transportation economics for many decades now. The basic economic reasoning is sound: optimal consumption of a road is set where price=marginal cost (P=MC) and the lack of a price or the presence of underpricing will lead to economically inefficient levels...