Through an empirical analysis of the relationship between private participation in infrastructure and country risk, the paper shows that country risk ratings are a reliable predictor of infrastructure investment levels in developing countries. The results suggest that a difference of one...

Through an empirical analysis of the relationship between private participation in infrastructure and country risk, the paper shows that country risk ratings are a reliable predictor of infrastructure investment levels in developing countries. The results suggest that a difference of one...

Intro -- Contents -- Foreword -- Acknowledgements -- Abstract -- Executive Summary -- Introduction -- Previous Research -- Analytical Framework -- Data -- What Drives Governance Risk Perception: Cluster Analysis of Political and Regulatory Risk Data -- Impact of Governance Risks on Investment...

Chapter 1.Introduction to Project Finance -- Chapter 2.Project Financing and Direct Conventional Financing -- Chapter 3.Sources of project funds -- Chapter 4.Bankability -- Chapter 5.Public Procurement: Laws and Regulations -- Chapter 6.Assessment of project’s viability and analytical tools --...

Public-private partnerships (PPPs) face a range of challenges in developed economies, such as appropriate risk sharing, attracting the right sponsors, and ensuring quality of service. As a large percentage of ADB's developing member countries are considered risky borrowers by international...