- Anglický jazyk
Public Private Partnerships
Autor: Mohammed Aliu Momoh
The pressures on public finances, has made it increasingly difficult to fund infrastructure procurement. This has necessitated a resort to private participants, who have to be incentivized through provision of guarantee, to risk their capital and skills.... Viac o knihe
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O knihe
The pressures on public finances, has made it increasingly difficult to fund infrastructure procurement. This has necessitated a resort to private participants, who have to be incentivized through provision of guarantee, to risk their capital and skills. This book evaluated the impact of default on public debt for guarantee arising from public private partnership transactions. Adopting a new approach to estimating guarantee for infrastructure, the Author developed a Governance Risk Factor, which was used to estimate the Value at Risk to which guarantee will be given. This was incorporated into a Modified Debt Dynamic Model (MDDM) to assess the impact of default. The results of the estimated Governance Risk Factor mirror the Nigerian political environment with all the associated risk, thus confirming the long held belief that fundamental risk consideration should influence the choice of method in calculating Value at Risk, which will be guaranteed by government, and that political and governance considerations are a more useful basis to computing infrastructure guarantee for public private partnership transaction.
- Vydavateľstvo: LAP LAMBERT Academic Publishing
- Rok vydania: 2018
- Formát: Paperback
- Rozmer: 220 x 150 mm
- Jazyk: Anglický jazyk
- ISBN: 9786139939251