New Needs for Technical Assistance : Responding to the Effects of the Financial Crisis on Private Participation in Infrastructure
In developing countries the global financial crisis is leading to serious difficulties for infrastructure projects with private participation. In some cases governments are responding by simplifying their project approval processes or by substituti...
| Main Authors: | , |
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| Format: | Brief |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2009/06/11401956/new-needs-technical-assistance-responding-effects-financial-crisis-private-participation-infrastructure http://hdl.handle.net/10986/10542 |
| Summary: | In developing countries the global
financial crisis is leading to serious difficulties for
infrastructure projects with private participation. In some
cases governments are responding by simplifying their
project approval processes or by substituting public for
private financing. Even if markets recover quickly, these
responses could pose significant risks. Containing those
risks and dealing with the effects of the financial crisis
calls for specialized technical assistance in assessing
contingent liabilities, maintaining existing assets,
assisting projects in distress, and maintaining a project pipeline. |
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