Transaction Costs in Private Infrastructure Projects - Are They Too High?

While the number of private infrastructure projects continues to grow, tales of endless delays and exorbitant development costs still scare both developers and governments. The authors show that these costs are related not to project size but to th...

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Bibliographic Details
Main Authors: Klein, Michael, So, Jae, Shin, Ben
Format: Viewpoint
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/1996/10/693106/transaction-costs-private-infrastructure-projects-too-high
http://hdl.handle.net/10986/11605
id okr-10986-11605
recordtype oai_dc
spelling okr-10986-116052021-06-14T11:04:19Z Transaction Costs in Private Infrastructure Projects - Are They Too High? Klein, Michael So, Jae Shin, Ben ADVISORY FEES AUDITING BALANCE SHEET BANKS FINANCIAL CLOSURE INTEREST RATES INVESTMENT BANKERS LAWS LEGISLATION PRIVATE FINANCE PRIVATE FINANCING PRIVATE INVESTORS PRIVATE PARTICIPATION PRIVATE SECTOR PROJECT FINANCE REVENUE SHARING SAVINGS SOVEREIGN GUARANTEE TRANSACTION COSTS WATER SUPPLY DENATIONALIZATION INFRASTRUCTURE INFORMATION DISSEMINATION COSTS UNCERTAINTY PRIVATE SECTOR PRIVATE INFRASTRUCTURE TRANSACTION COSTS While the number of private infrastructure projects continues to grow, tales of endless delays and exorbitant development costs still scare both developers and governments. The authors show that these costs are related not to project size but to the characteristics of the policy environment. As governments gain experience and clarify policy, these costs will inevitably fall. 2012-08-13T15:31:02Z 2012-08-13T15:31:02Z 1996-10 http://documents.worldbank.org/curated/en/1996/10/693106/transaction-costs-private-infrastructure-projects-too-high Viewpoint. -- Note no. 95 (October 1996) http://hdl.handle.net/10986/11605 English Viewpoint CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ADVISORY FEES
AUDITING
BALANCE SHEET
BANKS
FINANCIAL CLOSURE
INTEREST RATES
INVESTMENT BANKERS
LAWS
LEGISLATION
PRIVATE FINANCE
PRIVATE FINANCING
PRIVATE INVESTORS
PRIVATE PARTICIPATION
PRIVATE SECTOR
PROJECT FINANCE
REVENUE SHARING
SAVINGS
SOVEREIGN GUARANTEE
TRANSACTION COSTS
WATER SUPPLY DENATIONALIZATION
INFRASTRUCTURE
INFORMATION DISSEMINATION
COSTS
UNCERTAINTY
PRIVATE SECTOR
PRIVATE INFRASTRUCTURE
TRANSACTION COSTS
spellingShingle ADVISORY FEES
AUDITING
BALANCE SHEET
BANKS
FINANCIAL CLOSURE
INTEREST RATES
INVESTMENT BANKERS
LAWS
LEGISLATION
PRIVATE FINANCE
PRIVATE FINANCING
PRIVATE INVESTORS
PRIVATE PARTICIPATION
PRIVATE SECTOR
PROJECT FINANCE
REVENUE SHARING
SAVINGS
SOVEREIGN GUARANTEE
TRANSACTION COSTS
WATER SUPPLY DENATIONALIZATION
INFRASTRUCTURE
INFORMATION DISSEMINATION
COSTS
UNCERTAINTY
PRIVATE SECTOR
PRIVATE INFRASTRUCTURE
TRANSACTION COSTS
Klein, Michael
So, Jae
Shin, Ben
Transaction Costs in Private Infrastructure Projects - Are They Too High?
relation Viewpoint
description While the number of private infrastructure projects continues to grow, tales of endless delays and exorbitant development costs still scare both developers and governments. The authors show that these costs are related not to project size but to the characteristics of the policy environment. As governments gain experience and clarify policy, these costs will inevitably fall.
format Publications & Research :: Viewpoint
author Klein, Michael
So, Jae
Shin, Ben
author_facet Klein, Michael
So, Jae
Shin, Ben
author_sort Klein, Michael
title Transaction Costs in Private Infrastructure Projects - Are They Too High?
title_short Transaction Costs in Private Infrastructure Projects - Are They Too High?
title_full Transaction Costs in Private Infrastructure Projects - Are They Too High?
title_fullStr Transaction Costs in Private Infrastructure Projects - Are They Too High?
title_full_unstemmed Transaction Costs in Private Infrastructure Projects - Are They Too High?
title_sort transaction costs in private infrastructure projects - are they too high?
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/1996/10/693106/transaction-costs-private-infrastructure-projects-too-high
http://hdl.handle.net/10986/11605
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