Cookies?
Library Header Image
LSE Research Online LSE Library Services

Investing in project bonds to support infrastructure development may help to return the Eurozone to growth

Hellowell, Mark (2012) Investing in project bonds to support infrastructure development may help to return the Eurozone to growth. LSE European Politics and Policy (EUROPP) Blog (27 Jun 2012) Blog Entry.

[img]
Preview
PDF - Published Version
Download (60Kb) | Preview

Abstract

Although costly for public authorities, construction projects undertaken through the private finance initiative (PFI) tend to be well-managed on the private sector side, delivering predictably high returns to investors. Against this background, and despite the desire of policy-makers to invest in infrastructure, the sector is facing a severe credit crunch. Mark Hellowell argues that, while EU-backed project-bonds may offer a solution by allowing projects to be funded by institutional investors, they may undermine the very disciplines that have led to PFI’s impressive record of delivery.

Item Type: Website (Blog Entry)
Official URL: http://blogs.lse.ac.uk/europpblog/
Additional Information: © 2012 The Author
Library of Congress subject classification: H Social Sciences > HJ Public Finance
J Political Science > JN Political institutions (Europe)
Journal of Economic Literature Classification System: H - Public Economics > H5 - National Government Expenditures and Related Policies
Sets: Collections > Economists Online
Collections > LSE European Politics and Policy (EUROPP) Blog
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 21 Sep 2012 08:51
URL: http://eprints.lse.ac.uk/46268/

Actions (login required)

Record administration - authorised staff only Record administration - authorised staff only

Downloads

Downloads per month over past year

View more statistics