Government guarantees can help persuade private investors to finance valuable new infrastructure. But because their costs are hard to estimate and usually do not show up in the government's accounts, governments can be tempted to grant too many guarantees. Drawing on a diverse range of...

Public Private Partnerships (PPPs) is being endorsed massively in low to middle income countries. The aim of this work is to study the financial aspect of implementing PPP, and to identify and assess the riskiness of financial aspect for successful implementation of PPPs infrastructure...