Series: IMF Working Papers
Author(s): Pawel Gasiorowski , and Marian Moszoro
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 2008
Keywords: joint ventures, capital structure, private capital, cost of capital, private financing, private investor,
This paper presents a model to assess the efficiency of the capital structure in public-private partnerships (PPP). A main argument supporting the PPP approach for investment projects is the transfer of know-how fr...