Rapid growth in project finance, driven by huge increases in liquidity, helped fuel the gains in private participation in infrastructure (PPI) in developing countries in the past decade. But when the financial crisis hit, the excess liquidity began to dry up as lenders backed away from practices...

In developing countries the global financial crisis is leading to serious difficulties for infrastructure projects with private participation. In some cases governments are responding by simplifying their project approval processes or by substituting public for private financing. Even if markets...

We conduct a laboratory experiment to test whether the efficacy of the pledge-and review institution in the bilateral case reported in Lippert & Tremewan (2021) is robust to increased group size. This is a priori unclear, as with more than two players punishment for a low contribution by voting...

Heritage tourism in the UK depends upon a physical resource base of historic environments, primarily listed buildings, scheduled monuments, conservation areas and registered parks / gardens. Visiting heritage attractions is at the heart of the tourism experience and staying in historic buildings...

Heritage tourism depends on a physical resource based primarily on listed buildings and scheduled monuments. Visiting or staying in a historic building provides a rich tourism experience, but historic environments date from eras when access for disabled people was not a consideration. Current UK...