The private provision of urban infrastructure : financial intermediation through long-term contracts

Auteurs :
CLARK, G.L.
EVANS, J.

Description :
The AA. deal with pension fund investment in urban infrastructure projects. It is suggested that potential returns with such projects are greater than comparable fixed-income products. One evidence is collected from an industry-sponsored research study of Australian infrastructure investment performance. The steps taken in evaluating urban projects are analysed in a formal manner. A commonly desired form of financial intermediation is a formal contract binding the parties to one another over the long term.


Type de document :
Article de périodique

Source :
Urban studies (Harlow), issn : 0042-0980, 1998, vol. 35, n°. 2, p. 301-319, Collation : Illustration, Références bibliographiques : 58 ref.

Date :
1998

Editeur :
Pays édition : Royaume-Uni, Harlow, Longman Group