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Author Dailami, Mansoor.

Title Risk shifting and long-term contracts [electronic resource] : evidence from the Ras Gas Project / Mansoor Dailami and Robert Hauswald.

Published Washington, DC : World Bank Institute, Governance, Regulation, and Finance Division, [2000]


Location Call No. Status
Physical description 30 p. : ill. ; 28 cm.
Series Policy research working paper ; 2469
Policy research working papers ; 2469.
World Bank e-Library.
Notes "November 2000"--Cover.
Bibliography Includes bibliographical references (p. [21]-23).
Summary Risk shifting and incomplete contracting lie at the heart of the agency relationship inherent in the procurement and financing of large-scale projects such as power plants, oil and gas pipelines, and liquefied natural gas facilities. An investigation of Ras Gas bonds provides empirical evidence of the risk-shifting consequences of contractual incompleteness.
Other formats Also available in print.
Other author Hauswald, Robert.
World Bank Institute. Governance, Regulation, and Finance Division.
Subject Bonds -- Korea (South)
Incomplete contracts -- Korea (South)
Project finance -- Korea (South)
Public utilities -- Korea (South)
Risk -- Korea (South)