The Rise, the Fall, and ... the Emerging Recovery of Project Finance in Transport
Many transport projects undertaken during the boom period of the 1990s came to a crashing halt in 1997, and conditions in emerging markets worsened in 1998 and 1999. Many projects failed, victim of everything from overoptimistic forecasts to excessive debt to an inability to refinance bridge loans. As available financing dried up, many projects went bankrupt, had to be renegotiated, or were taken over by the government. What have we learned from all this?The combination of these features can enhance the economic viability of project finance. ... For example, special agreements may be required as to what happens to leased assets at the termination of a ... In this regard, they differ from export credit agencies, which serve to promote exports from that particular country. Most ofanbsp;...
| Title | : | The Rise, the Fall, and ... the Emerging Recovery of Project Finance in Transport |
| Author | : | Antonio Estache, John S. Strong |
| Publisher | : | World Bank Publications - 2000 |
You must register with us as either a Registered User before you can Download this Book. You'll be greeted by a simple sign-up page.
Once you have finished the sign-up process, you will be redirected to your download Book page.
How it works:- 1. Register a free 1 month Trial Account.
- 2. Download as many books as you like (Personal use)
- 3. Cancel the membership at any time if not satisfied.
