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What Drives Private Sector Exit from Infrastructure? Economic Crises and Other Factors in the Cancellation of Private Infrastructure Projects in Developing Countries
| 题名： | What Drives Private Sector Exit from Infrastructure? Economic Crises and Other Factors in the Cancellation of Private Infrastructure Projects in Developing Countries |
| 责任者： | Harris, Clive<=>Pratap, Kumar V. |
| 关键词： | Infrastructure Economics and Finance；Private Participation in Infrastructure；Public Sector Management and Reform；Urban Development；Urban Services to the Poor；Communities and Human Settlements；Urban Slums Upgrading；Transport Economics Policy and Planning；Public Sector Development；Transport |
| 学科分类： | 交通运输规划与管理 |
| 摘要： | The private sector exits only a fraction of private infrastructure projects before the contract ends. Yet such cancellations can have a sustained impact on a country's program of public-private partnerships, reducing the private sector's confidence in the government's commitment as well as the government's confidence in the robustness and "value for money" of these arrangements. Econometric analysis shows that macroeconomic shocks nearly double the cancellation rate. As today's global financial crisis greatly increases the cost, and reduces the availability, of project financing, the number of cancellations could grow. That would have implications for the role public-private partnerships can play in meeting the infrastructure needs of developing countries. |
| 出版机构： | World Bank |
| 报告类型： | 咨询报告 |
| 详细地址： | http://documents.worldbank.org/curated/en/2009/03/10378993/drives-private-sector-exit-infrastructure-economic-crises-other-factors-cancellation-private-infrastructure-projects-developing-countries |
| 资源类型： | 科技（咨询、行业）报告 |
| 初始创建时间： | 2009-03 |
| 最新修改时间： | 2017-12-14T09:05:29Z |
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