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2007 Annual Forum
View Abstract
Risk Sharing in Public-Private Partnership Financing - An Evaluation of the U.S. Experience and Potential in Road Transportation
Cristina Checherita, George Mason University
Jonathan Gifford, George Mason University
This paper examines risks affecting Private-Public Partnership (PPP) projects in road infrastructure and the ways of sharing risk between the two partners. It provides a comprehensive typology of risks and, most importantly, attempts to identify PPP-specific risks or risks more likely to arise under a PPP arrangement than under traditional financing or complete privatization. The paper assesses the U.S. experience in the use of PPPs for road infrastructure and identifies the most important risk-factors.
Related Links
- Download Paper (PDF, 86K)
- View the 2007 proceedings