Public Private Partnerships for Infrastructure and Business Development (eBook)

Alessandro Fusellato, Ernst and Young Annalisa Ferrando, European Central Bank Bernardo Bortolotti, University of Turin, Italy; Bocconi University, Italy.  Carlo Carraro, Ca' Foscari University of Venice, Italy.  Christoph Rothballer, The Boston Consulting Group, Germany. Douglas Cumming, York University, Canada. Fabio Sattin, Private Equity Partners S.p.A; Bocconi University, Italy. Fernanda Ruiz Nuñez, World Bank Francesca Casalini, Bocconi University, Italy. Fulvio Lino Di Blasio, Ernst & Young Giancarlo Canzanelli, ILS LEDA Gimede Gigante, Bocconi University, Italy. Giulia Galluccio, Euro-Mediterranean Center on Climate Change, Italy.  Gonzalo Araya, Ministry of Transport and Telecommunications, Chile. Isabella Alloisio, Fondazione Eni Enrico Mattei, Italy; International Center for Climate Governance John H. Foote, Cornell University, USA; Harvard University, USA. Jordan Schwartz, World Bank Lucia Cusmano, Organisation for Economic Co-operation and Development Luciano Balbo, Oltre Venture, Italy Marian Moszoro, University of California, Berkeley, USA; Kozminski University, Poland.  Mark Hellowell, University of Edinburgh, UK. Monica Rossolini, University of Milano-Bicocca, Italy Philipp Gerbert, The Boston Consulting Group, Germany R. Richard Geddes, Cornell University, USA. Raffaele Della Croce, Organisation for Economic Co-operation and Development Sergio Arzeni, Organisation for Economic Co-operation and Development Sofia Johan, Tilburg University, The Netherlands Stefano Gatti, Bocconi University, Italy. Veljko Fotak, University at Buffalo, The State University of New York, USA; Bocconi University, Italy.  Vincenzo Milio, ILS LEDA Virginia Robano, Organisation for Economic Co-operation and Development William L. (Bill) Megginson, University of Oklahoma, USA.

Cover 1
Half-Title 2
Title 3
Copyright 4
Contents 6
List of Figures 8
List of Tables 11
List of Boxes 13
A Note from the Editors 14
1 The Public-Private Partnerships’ Framework 16
Part I Private Capital for Infrastructure 27
Preface to Part I 28
2 What Drives Private Participation in Infrastructure Developing Countries? 31
3 Public Investment as a Driver of Economic Development and Growth: What Is the Appropriate Role of Public-Private Partnerships? 57
4 Preparing and Structuring Bankable PPP Projects 69
5 International Trends in Infrastructure Finance 93
6 Attracting Private Investors: The EU Project Bond Initiative and the Case of A11 Motorway 113
7 Public-Private Partnerships for Transportation: Infrastructure Development in the United States 131
8 PPP in the Airport Infrastructure: A Case Analysis from an International Perspective 144
9 Public-Private Partnerships for Energy Infrastructure: A Focus on the MENA Region 160
10 The Role of Public-Private Partnerships (PPPs) in Scaling Up Financial Flows in the Post-Kyoto Regime 180
Part II Public Initiatives for Business Development 196
Preface to Part II 196
11 Access to Finance for SMEs and Entrepreneurs: Trends and Policies in OECD Countries 199
12 SMEs’ Access to Credit: Are Government Measures Helpful for Constrained Firms? 231
13 Government Intervention in the Venture Capital Market 247
14 Key Ingredients for an Efficient and Effective Public-Private Equity Fund 275
15 Impact Investing: A New Asset Class or a Societal Refocus of Venture Capital? 285
16 The Rise of Sovereign Wealth Funds: Definition, Organization, and Governance 304
17 European Way to Sovereign Funds: A Comparison among CDP, KfW, and CDC 328
18 Public-Private Partnerships: The Case of the Agencies for Local Development 352
Notes on Contributors 373
Index 377