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Government Guarantees: Allocating and Valuing Risk in Privately Financed Infrastructure Projects

Contributor(s): Irwin, Timothy (Author)

ISBN: 9780821368589

Publisher: World Bank Publications

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Pub Date: March 29, 2007

Dewey: 363.60681

LCCN: 2006039472

Lexile Code: 0000

Features: Bibliography, Illustrated, Index, Table of Contents

Target Age Group: NA to NA

Physical Info: 0.55" H x 8.91" L x 6.18" W ( 0.83 lbs) 228 pages

Series: Directions in Development - Infrastructure

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Description: The book considers when governments should give guarantees to private investors. After describing the history of guarantees, and the challenges the politics and psychology create for good decisions, the book sets out a principles for allocating risk (and therefore guarantees), techniques for valuing guarantees, and rules to encourage good decisions.

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