Financing the Boom in Public-Private Partnerships in Indian Infrastructure : Trends and Policy Implications

Harris, Clive; Kumar, Sri Tadimalla

Publication:
Financing the Boom in Public-Private Partnerships in Indian Infrastructure : Trends and Policy Implications

dc.contributor.author	Harris, Clive
dc.contributor.author	Kumar, Sri Tadimalla
dc.date.accessioned	2012-08-13T12:09:38Z
dc.date.available	2012-08-13T12:09:38Z
dc.date.issued	2008-12
dc.description.abstract	India has seen rapid growth in recent years in its program of infrastructure public-private partnerships (PPPs). Despite the surge in demand for finance, local financial markets coped well over the period to 2007 and even offered better terms as they became more used to the PPP model. But areas of possible concern have developed. Gearing has increased significantly, and financing terms mean that PPPs are more exposed to interest rate volatility causes for concern in a period of rising rates and reduced liquidity. Further growth in PPPs will likely require a broadening of the sources of financing once the present financial market turmoil has lessened. Addressing these concerns will call for policy reforms to capital markets and concession frameworks.	en
dc.identifier	http://documents.worldbank.org/curated/en/2008/12/10201103/financing-boom-public-private-partnerships-indian-infrastructure-trends-policy-implications
dc.identifier.uri	http://hdl.handle.net/10986/10577
dc.language	English
dc.publisher	World Bank, Washington, DC
dc.relation.ispartofseries	Gridlines; No. 45
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo/
dc.subject	ACCOUNTING
dc.subject	ACTIVE BOND MARKET
dc.subject	ADVERSE EFFECTS
dc.subject	ASSET-LIABILITY MISMATCH
dc.subject	BAILOUT
dc.subject	BAILOUTS
dc.subject	BANKRUPTCY
dc.subject	BASIS POINTS
dc.subject	BIDS
dc.subject	BOND
dc.subject	BOND MARKET REFORMS
dc.subject	BOND MARKETS
dc.subject	BOND SPREADS
dc.subject	BONDS
dc.subject	CALCULATIONS
dc.subject	CAPITAL MARKETS
dc.subject	CAPITAL STRUCTURE
dc.subject	COMMERCIAL BANKS
dc.subject	CONCESSION
dc.subject	CONCESSIONS
dc.subject	CONSEQUENCES OF BANKRUPTCY
dc.subject	CORPORATE BOND
dc.subject	CORPORATE BOND MARKET
dc.subject	CORPORATE BONDS
dc.subject	COST OF CAPITAL
dc.subject	DEBT
dc.subject	DEBT FINANCING
dc.subject	DEBT-EQUITY
dc.subject	DEBT-EQUITY RATIOS
dc.subject	DIRECT EQUITY INVESTMENTS
dc.subject	EQUITY CONTRIBUTIONS
dc.subject	EQUITY INVESTMENTS
dc.subject	EQUITY RATIOS
dc.subject	EQUITY RETURNS
dc.subject	FINANCE CORPORATION
dc.subject	FINANCIAL CRISIS
dc.subject	FINANCIAL INFORMATION
dc.subject	FINANCIAL INSTITUTIONS
dc.subject	FINANCIAL INVESTORS
dc.subject	FINANCIAL MARKET
dc.subject	FINANCIAL STRUCTURES
dc.subject	FINANCIAL SUPPORT
dc.subject	FOREIGN DIRECT INVESTMENT
dc.subject	FOREIGN INVESTMENT
dc.subject	GOVERNMENT BAILOUT
dc.subject	GOVERNMENT BORROWING
dc.subject	GOVERNMENT GRANTS
dc.subject	INFRASTRUCTURE PROJECTS
dc.subject	INSTITUTIONAL LENDERS
dc.subject	INTEREST CHARGES
dc.subject	INTEREST RATE
dc.subject	INTEREST RATE RISK
dc.subject	INTEREST RATE VOLATILITY
dc.subject	INTEREST RATES
dc.subject	INTERNATIONAL FINANCE
dc.subject	INVESTOR PARTICIPATION
dc.subject	LEVERAGE
dc.subject	LIABILITY
dc.subject	LIKELIHOOD OF BANKRUPTCY
dc.subject	LIQUIDITY
dc.subject	LOAN
dc.subject	LOCAL FINANCIAL MARKETS
dc.subject	LONG-TERM FUNDS
dc.subject	LONG-TERM INTEREST
dc.subject	MARKET PARTICIPANTS
dc.subject	MARKET VALUE
dc.subject	MATURITY
dc.subject	PRIVATE INFRASTRUCTURE
dc.subject	PRIVATE INVESTMENT
dc.subject	PRIVATE SECTOR INVESTMENT
dc.subject	PUBLIC SECTOR BANKS
dc.subject	PUBLIC-PRIVATE PARTNERSHIP
dc.subject	PUBLIC-PRIVATE PARTNERSHIPS
dc.subject	RAPID GROWTH
dc.subject	RATE OF INTEREST
dc.subject	RATES OF RETURN
dc.subject	REGULATORS
dc.subject	REGULATORY CONSTRAINTS
dc.subject	REGULATORY REGIME
dc.subject	RETURN
dc.subject	RISK PREMIUM
dc.subject	SALE
dc.subject	SAVINGS
dc.subject	SAVINGS DEPOSITS
dc.subject	SENIOR
dc.subject	SENIOR DEBT
dc.subject	SENIOR LENDERS
dc.subject	SHARE OF EQUITY
dc.subject	SHAREHOLDERS
dc.subject	SOURCE OF FUNDS
dc.subject	STRATEGIC INVESTOR
dc.subject	STRATEGIC INVESTORS
dc.subject	SUBORDINATED DEBT
dc.subject	SUSTAINABLE DEVELOPMENT
dc.subject	TAX
dc.subject	TAX ADVANTAGES
dc.subject	TAXPAYER BAILOUTS
dc.subject	TECHNICAL ASSISTANCE
dc.subject	TERM DEPOSITS
dc.subject	TERMINATION
dc.subject	TOTAL DEBT
dc.subject	TRACK RECORD
dc.subject	TRADING
dc.subject	TRADING PLATFORMS
dc.subject	TREASURY
dc.subject	USE OF DEBT
dc.title	Financing the Boom in Public-Private Partnerships in Indian Infrastructure : Trends and Policy Implications	en
dspace.entity.type	Publication
okr.doctype	Publications & Research :: Brief
okr.doctype	Publications & Research
okr.docurl	http://documents.worldbank.org/curated/en/2008/12/10201103/financing-boom-public-private-partnerships-indian-infrastructure-trends-policy-implications
okr.globalpractice	Finance and Markets
okr.globalpractice	Trade and Competitiveness
okr.identifier.externaldocumentum	000333038_20090127003656
okr.identifier.internaldocumentum	10201103
okr.identifier.report	47220
okr.language.supported	en
okr.pdfurl	http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2009/01/27/000333038_20090127003656/Rendered/PDF/472200BRI0Box31g1PPP1India01PUBLIC1.pdf	en
okr.region.administrative	South Asia
okr.region.country	India
okr.topic	Finance and Financial Sector Development :: Access to Finance
okr.topic	Private Sector Development :: Emerging Markets
okr.topic	Finance and Financial Sector Development :: Bankruptcy and Resolution of Financial Distress
okr.topic	Finance and Financial Sector Development :: Debt Markets
okr.unit	Public-Priv Infra Advsry Fcility (PPIAF)
okr.volume	1 of 1