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The contracted internal rate of return (CIRR) of Korea's public-private-partnership (PPP) projects does not properly reflect the risks associated with the different types and characteristics of facilities and government support. Rather, the rates are set at the same level as similar preceding...
Persistent link: https://www.econbiz.de/10012302236
Infrastructure plays a critical role in boosting the economy's overall productivity and development toward improving the quality of life. Public-private partnership (PPP) is considered as one of the key modalities for sustainable infrastructure development. This paper analyzes and compares the...
Persistent link: https://www.econbiz.de/10012064723
Infrastructure plays a critical role in boosting the economy's overall productivity and development toward improving the quality of life. Public-private partnership (PPP) is considered as one of the key modalities for sustainable infrastructure development. This paper analyzes and compares the...
Persistent link: https://www.econbiz.de/10011913743
Persistent link: https://www.econbiz.de/10013369855