ME  Vol.2 No.4 , September 2011
A New Type of Risk in Infrastructure Projects
Abstract: The recent financial crisis has sparked a new debate about the risks that infrastructure projects are exposed to. With the use of various typologies identified along the last thirty years by several authors, looking both at project finance funding techniques and to more traditional direct investment framework, the recent financial turmoil on global capital markets (2008 - 2010) reveals a new type of risk, this time not project, but financier related.
Cite this paper: nullM. Craciun, "A New Type of Risk in Infrastructure Projects," Modern Economy, Vol. 2 No. 4, 2011, pp. 479-482. doi: 10.4236/me.2011.24053.

[1]   “Project Finance International,” Capital Gets Mobilized Deals Gets Closed, 2009 League Tables, 13-14 January 2010.

[2]   Dore and Lucia, “Emerging Markets Infrastructure Spending to Reach $21.7 Trillion,” Khaleej Times Online, 2008.


[4]   Ghoshal, “Sumantra—Global Strategy: an organizing framework,” Strategic Management Journal, Vol. 8, 1987

[5]   Horobet, “Alexandra—Managementul Riscului in Investi-Tiile Interna?ionale,” 2005.

[6]   Grimsey, Darrin and Lewis Mervyn, “Public Private Partnerships, the Worldwide Revolution in Infrastructure Provision and Project Finance,” Edward Elgar Publishing Limited, Northampton, 2004.

[7]   E. R.Yescombe, “Public Private Partnerships—Principles of Policy and Finance,” Elsevier Ltd., Oxford, 2007.

[8]   “Guide to Infrastructure Financing,” Euromoney, 2009.