Dealing with Public Risk in Private Infrastructure

Download or read book Dealing with Public Risk in Private Infrastructure written by Timothy Irwin and published by World Bank Publications. This book was released on 1997 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many infrastructure privatizations still leave governments—and thus taxpayers—exposed to significant financial risks. This book examines these risks and considers how governments should respond to investors' requests for guarantees and other forms of government support. The report examines how governments can decide which risks to bear and which to avoid, how they can reduce the risks that private investors face without giving guarantees, and how they can measure, budget, and account for the risks they do take on.