Governance Impact on Private Investment: Evidence from the International Patterns of Infrastructure Bond Risk Pricing.

This paper uses international cross-sectional and time-series infrastructure bond risk premium and credit rating history data from the past decade to examine the factors that influence investor risk perceptions and that inflate the cost of borrowing for essential infrastructure. The information thus generated abut key governance risks is then analyzed for its policy implications.

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Year of publication:	2000
Authors:	Bubnova, N.B.
Institutions:	World Bank Group
Subject:	CAPITAL MARKET \| INVESTMENTS \| RISK \| BONDS

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Series:	World Bank - Technical Papers.
Type of publication:	Book / Working Paper
Notes:	79 pages
Classification:	G24 - Investment Banking; Venture Capital; Brokerage ; G19 - General Financial Markets. Other ; G18 - Government Policy and Regulation
Source:	RePEc - Research Papers in Economics

Persistent link: https://ebvufind01.dmz1.zbw.eu/10005639096