Are Brownfield Concessions Poised for a Comeback? New Signs of Life After a Decade in Decline
Once expected to be the signature contract of private participation in infrastructure and for a time its fastest growing form, the brown field concession was hit hard by the Asian crisis and has never recovered. Because these contracts involve exis...
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| Format: | Brief |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2008/05/9612029/brownfield-concessions-poised-comeback-new-signs-life-after-decade-decline http://hdl.handle.net/10986/10608 |
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okr-10986-106082021-04-23T14:02:51Z Are Brownfield Concessions Poised for a Comeback? New Signs of Life After a Decade in Decline Leigland, James BIDS BUDGET DEFICITS BUSINESS TRANSACTIONS CAPITAL GAINS CAPITAL GRANTS CAPITAL INVESTMENT CASH FLOW CASH FLOWS CASH INFLOWS CONCESSION CONCESSION CONTRACT CONCESSION CONTRACTS CONCESSION PROJECTS CONCESSIONAIRES CONCESSIONS CONTINGENT LIABILITIES CONTRACT RENEGOTIATION CONTRACT RENEGOTIATIONS CONTRACTUAL ARRANGEMENTS CORRUPTION COST RECOVERY COST-BENEFIT ANALYSIS CURRENCY MISMATCH DEBT DEBT SERVICE DEBT SERVICE PAYMENTS DEVELOPING COUNTRIES DUE DILIGENCE END USERS EQUIPMENT FINANCIAL CLOSURE FINANCIAL COSTS FINANCIERS GOVERNMENT ASSETS HARD CURRENCY INFRASTRUCTURE ASSETS INFRASTRUCTURE CONCESSIONS INFRASTRUCTURE PROJECTS INFRASTRUCTURE SERVICES INITIAL INVESTMENT INVESTMENT RISK KEY CHALLENGE LOCAL CURRENCY MANAGEMENT CONTRACTS MITIGATION MECHANISMS OUTSTANDING LOANS POLITICAL ECONOMY POTENTIAL INVESTMENT PRIVATE FUNDING PRIVATE INFRASTRUCTURE PRIVATE OPERATORS PRIVATIZATION PRIVATIZATIONS PROFITABILITY PUBLIC SECTOR PUBLIC SERVICE PROVIDERS PUBLIC SUBSIDIES PUBLIC-PRIVATE PARTNERSHIP PUBLIC-PRIVATE PARTNERSHIPS RECORD KEEPING RENEGOTIATIONS RETAIL WATER RETAIL WATER DISTRIBUTION RETURNS RISK MITIGATION ROADS SANITATION SHADOW TOLLS SHAREHOLDERS TECHNICAL ASSISTANCE TENDER PROCESS TOLL TOLL ROAD TOLL ROAD PROJECTS TRAFFIC TRANSPORT TRANSPORT PROJECTS TRUE UNDERGROUND USER FEES UTILITIES Once expected to be the signature contract of private participation in infrastructure and for a time its fastest growing form, the brown field concession was hit hard by the Asian crisis and has never recovered. Because these contracts involve existing, usually dilapidated government assets, brown field concessions tackled the toughest infrastructure problems in the developing world. But the Asian crisis exposed the fragility of this mechanism, and its sudden unpopularity almost single-handedly crashed the developing world market for private participation in infrastructure. 2012-08-13T12:18:50Z 2012-08-13T12:18:50Z 2008-05 http://documents.worldbank.org/curated/en/2008/05/9612029/brownfield-concessions-poised-comeback-new-signs-life-after-decade-decline http://hdl.handle.net/10986/10608 English Gridlines; No. 32 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
BIDS BUDGET DEFICITS BUSINESS TRANSACTIONS CAPITAL GAINS CAPITAL GRANTS CAPITAL INVESTMENT CASH FLOW CASH FLOWS CASH INFLOWS CONCESSION CONCESSION CONTRACT CONCESSION CONTRACTS CONCESSION PROJECTS CONCESSIONAIRES CONCESSIONS CONTINGENT LIABILITIES CONTRACT RENEGOTIATION CONTRACT RENEGOTIATIONS CONTRACTUAL ARRANGEMENTS CORRUPTION COST RECOVERY COST-BENEFIT ANALYSIS CURRENCY MISMATCH DEBT DEBT SERVICE DEBT SERVICE PAYMENTS DEVELOPING COUNTRIES DUE DILIGENCE END USERS EQUIPMENT FINANCIAL CLOSURE FINANCIAL COSTS FINANCIERS GOVERNMENT ASSETS HARD CURRENCY INFRASTRUCTURE ASSETS INFRASTRUCTURE CONCESSIONS INFRASTRUCTURE PROJECTS INFRASTRUCTURE SERVICES INITIAL INVESTMENT INVESTMENT RISK KEY CHALLENGE LOCAL CURRENCY MANAGEMENT CONTRACTS MITIGATION MECHANISMS OUTSTANDING LOANS POLITICAL ECONOMY POTENTIAL INVESTMENT PRIVATE FUNDING PRIVATE INFRASTRUCTURE PRIVATE OPERATORS PRIVATIZATION PRIVATIZATIONS PROFITABILITY PUBLIC SECTOR PUBLIC SERVICE PROVIDERS PUBLIC SUBSIDIES PUBLIC-PRIVATE PARTNERSHIP PUBLIC-PRIVATE PARTNERSHIPS RECORD KEEPING RENEGOTIATIONS RETAIL WATER RETAIL WATER DISTRIBUTION RETURNS RISK MITIGATION ROADS SANITATION SHADOW TOLLS SHAREHOLDERS TECHNICAL ASSISTANCE TENDER PROCESS TOLL TOLL ROAD TOLL ROAD PROJECTS TRAFFIC TRANSPORT TRANSPORT PROJECTS TRUE UNDERGROUND USER FEES UTILITIES |
| spellingShingle |
BIDS BUDGET DEFICITS BUSINESS TRANSACTIONS CAPITAL GAINS CAPITAL GRANTS CAPITAL INVESTMENT CASH FLOW CASH FLOWS CASH INFLOWS CONCESSION CONCESSION CONTRACT CONCESSION CONTRACTS CONCESSION PROJECTS CONCESSIONAIRES CONCESSIONS CONTINGENT LIABILITIES CONTRACT RENEGOTIATION CONTRACT RENEGOTIATIONS CONTRACTUAL ARRANGEMENTS CORRUPTION COST RECOVERY COST-BENEFIT ANALYSIS CURRENCY MISMATCH DEBT DEBT SERVICE DEBT SERVICE PAYMENTS DEVELOPING COUNTRIES DUE DILIGENCE END USERS EQUIPMENT FINANCIAL CLOSURE FINANCIAL COSTS FINANCIERS GOVERNMENT ASSETS HARD CURRENCY INFRASTRUCTURE ASSETS INFRASTRUCTURE CONCESSIONS INFRASTRUCTURE PROJECTS INFRASTRUCTURE SERVICES INITIAL INVESTMENT INVESTMENT RISK KEY CHALLENGE LOCAL CURRENCY MANAGEMENT CONTRACTS MITIGATION MECHANISMS OUTSTANDING LOANS POLITICAL ECONOMY POTENTIAL INVESTMENT PRIVATE FUNDING PRIVATE INFRASTRUCTURE PRIVATE OPERATORS PRIVATIZATION PRIVATIZATIONS PROFITABILITY PUBLIC SECTOR PUBLIC SERVICE PROVIDERS PUBLIC SUBSIDIES PUBLIC-PRIVATE PARTNERSHIP PUBLIC-PRIVATE PARTNERSHIPS RECORD KEEPING RENEGOTIATIONS RETAIL WATER RETAIL WATER DISTRIBUTION RETURNS RISK MITIGATION ROADS SANITATION SHADOW TOLLS SHAREHOLDERS TECHNICAL ASSISTANCE TENDER PROCESS TOLL TOLL ROAD TOLL ROAD PROJECTS TRAFFIC TRANSPORT TRANSPORT PROJECTS TRUE UNDERGROUND USER FEES UTILITIES Leigland, James Are Brownfield Concessions Poised for a Comeback? New Signs of Life After a Decade in Decline |
| relation |
Gridlines; No. 32 |
| description |
Once expected to be the signature
contract of private participation in infrastructure and for
a time its fastest growing form, the brown field concession
was hit hard by the Asian crisis and has never recovered.
Because these contracts involve existing, usually
dilapidated government assets, brown field concessions
tackled the toughest infrastructure problems in the
developing world. But the Asian crisis exposed the fragility
of this mechanism, and its sudden unpopularity almost
single-handedly crashed the developing world market for
private participation in infrastructure. |
| format |
Publications & Research :: Brief |
| author |
Leigland, James |
| author_facet |
Leigland, James |
| author_sort |
Leigland, James |
| title |
Are Brownfield Concessions Poised for a Comeback? New Signs of Life After a Decade in Decline |
| title_short |
Are Brownfield Concessions Poised for a Comeback? New Signs of Life After a Decade in Decline |
| title_full |
Are Brownfield Concessions Poised for a Comeback? New Signs of Life After a Decade in Decline |
| title_fullStr |
Are Brownfield Concessions Poised for a Comeback? New Signs of Life After a Decade in Decline |
| title_full_unstemmed |
Are Brownfield Concessions Poised for a Comeback? New Signs of Life After a Decade in Decline |
| title_sort |
are brownfield concessions poised for a comeback? new signs of life after a decade in decline |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2008/05/9612029/brownfield-concessions-poised-comeback-new-signs-life-after-decade-decline http://hdl.handle.net/10986/10608 |
| _version_ |
1764413722860716032 |