Government policies to enhance access to credit for infrastructure-based PPPs: an approach to classification and appraisal

Mark Hellowell, Veronica Vecchi, Raffaele della Croce, Stefano Gatti

Research output: Contribution to journalArticlepeer-review

Abstract / Description of output

Governments across the world have introduced a variety of instruments to enhance private investors’ appetites for public–private partnership (PPP) projects. The use of such instruments has become a core component of development and growth policies, for example by the EU as part of the Junker Plan. This paper provides a comprehensive categorization of these instruments, the risks they target and their effects, at both the project and system level, to support policy-makers to design the most appropriate instruments to attract private capital into infrastructure development.
Original languageEnglish
Pages (from-to)133-140
Number of pages7
JournalPublic Money & Management
Volume37
Issue number2
Early online date12 Jan 2017
DOIs
Publication statusPublished - 31 Jan 2017

Keywords / Materials (for Non-textual outputs)

  • Credit enhancement
  • guarantees
  • infrastructure asset class
  • PPP
  • risk

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