• Sign In
  • Help
  • My Basket0
Project Finance in Developing Countries - Lessons of Experience S. No.7 (Paperback)
  • Project Finance in Developing Countries - Lessons of Experience S. No.7 (Paperback)
zoom

Project Finance in Developing Countries - Lessons of Experience S. No.7 (Paperback)

(author), (volume editor), (volume editor)
£15.50
Paperback Published: 30/06/1999
  • Not available

This product is currently unavailable.

  • This item has been added to your basket

Check Marketplace availability

'Project finance to developing countries surged in the decade before the Asian crisis ... The financial crisis that began in East Asia ... has brought a dramatic slowdown in this trend.' Project finance structuring techniques were used to attract international financing for many large-scale projects, helping to meet investment needs in infrastructure and other sectors. However, the crisis in East Asia has created stresses and strains for many projects, raising concerns about the viability of some and highlighting the importance of careful structuring and risk mitigation. IFC was one of the early pioneers of project finance in developing countries 40 years ago, and project finance remains an important core of IFC's activities today. In just the past decade, IFC has supported over 230 greenfield projects in 69 developing countries with limited-recourse project finance. This volume is written for the benefit of a wider audience. It provides useful information for policy makers and banks in developing countries on these project finance activities. It describes the essentials and some of the complexities of project structuring and explains the importance of 'getting it right.' A primary message is the importance of clearly identifying and addressing project risks up-front and the potential costs of complacency in dealing with critical issues, such as foreign exchange or market demand risks. In addition to strong fundamentals, the projects most likely to succeed are those that are conservatively structured and that carry strong sponsor support. The report concludes that project finance can play an important role in an appropriate environment. It does not, however, offer a 'free lunch, ' but demands a rigorous framework if it is to be successful.

Publisher: World Bank Publications
ISBN: 9780821344347
Weight: 249 g
Dimensions: 260 x 190 x 8 mm

You may also be interested in...

The Age of Sustainable Development
Added to basket
The White Man's Burden
Added to basket
Reclaiming Development
Added to basket
The Bottom Billion
Added to basket
£9.99
Paperback
Emerging Africa
Added to basket
The Passions and the Interests
Added to basket
Breakout Nations
Added to basket
£10.99
Paperback
The State They're In
Added to basket
How Europe Underdeveloped Africa
Added to basket
Owning the Future
Added to basket
£9.95
Paperback
Poor Economics
Added to basket
£9.99
Paperback
Capital
Added to basket
£10.99
Paperback
Start Something That Matters
Added to basket
The Dragon's Gift
Added to basket
Encountering Development
Added to basket

Reviews

Please sign in to write a review

Your review has been submitted successfully.