The rise, the fall, and ... the emerging recovery of project finance in transport / Antonio Estache and John Strong
- Bib ID:
- 2247343
- Format:
- Book
- Author:
- Estache, Antonio
- Online Version:
- http://wbln0018.worldbank.org/research/workpapers.nsf/(allworkingpapers)/8B0290555C2424F3852569130063D5EE?OpenDocument
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- Description:
-
- Washington, DC : World Bank, World Bank Institute, Governance, Regulation, and Finance, [2000]
- 31 p. : ill. ; 28 cm.
- Series:
- Policy research working papers ; WPS 2385.
- Summary:
-
Many transport projects undertaken during the boom period of the 1990s came to a crashing halt in 1997, and conditions in emerging markets worsened in 1998 and 1999. Many projects failed, victim of everything from overoptimistic forecasts to excessive debt to an inability to refinance bridge loans. As available financing dried up, many projects went bankrupt, had to be renegotiated, or were taken over by the government. What have we learned from all this?
- Notes:
-
- "July 2000"--Cover.
- Also available on the World Wide Web.
- Subject:
- Other authors/contributors:
- Copyright:
-
In Copyright
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Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 2000
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