Mitigating Project Risks World Bank : Support for Government Guarantees

The World Bank has two distinct financial vehicles to support developing country governments wanting to provide guarantees to attract private investors: issuing guarantees to investors and making loans to host governments to fund guarantees. The au...

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Bibliographic Details
Main Author: Benoit, Philippe
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/1996/05/441483/mitigating-project-risks-world-bank-support-government-guarantees
http://hdl.handle.net/10986/11624
Description
Summary:The World Bank has two distinct financial vehicles to support developing country governments wanting to provide guarantees to attract private investors: issuing guarantees to investors and making loans to host governments to fund guarantees. The author explains how these vehicles work and reviews some of their advantages and disadvantages.