This note focuses on rail projects with private participation, that reached financial closure in 1990-1997, surveying regional trends, types of private participation, and project size. Through database analysis, the paper reveals that operations, and management contracts - including leases and...

We investigate the post-listing experience of companies raising capital on the London Stock Exchange's Alternative Investment Market (AIM). The AIM is unique in that it is privately regulated and relies on Nominated Advisors (Nomads) who compete to bring new listings and provide ongoing...

Public-private partnerships (PPPs) are long-term partnerships between the public and private sectors that usually involve the private sector undertaking investment projects that traditionally have been executed (or at least financed) and owned by the public sector. This paper considers...

Das Prinzip des in England entwickelten Public Private Partnership (PPP) gilt in der EU und auch in Deutschland als neues Heilmittel gegen Staatsverschuldung und Investitionsstau. Dabei übernimmt der Investor nicht nur den Bau etwa einer Schule, einer Straße oder einer Entsorgungsanlage,...