Government Guarantees: Allocating And Valuing Risk In Privately Financed Infrastructure Projects,New

Government Guarantees: Allocating And Valuing Risk In Privately Financed Infrastructure Projects,New

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Government guarantees can help persuade private investors to finance valuable new infrastructure. However, because costs are hard to estimate and do not show up in the government s accounts, governments can be tempted to grant too many guarantees. Drawing on a diverse range of disciplines, including finance, history, economics, and psychology. Government Guarantees: Allocating and Valuing Risk in Privately Financed Infrastructure Projects aims to help governments give guarantees only when they are justified. It reviews the history of government guarantees and identifies the cognitive and political obstacles to good decisions about guarantees. It then develops a framework for judging when governments should bear risk in an infrastructure project (seeking to make precise the oftinvoked principle that risks should be allocated to those best placed to manage them); explains how guarantees can be valued; and discusses how aspects of publicsector management can be modified to improve the likely quality of government decisions about guarantees. Although intended mainly for governments and those who advise them, the book may be of interest to others concerned about the problems of allocating and valuing exposure to risk. Similarly, although its focus is physical infrastructure, it may be relevant to people working on public private partnerships in education, health, and other social services

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Shipping & Returns

Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.

Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.

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Warranty

We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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We accept payments with :
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