A New Type of Risk in Infrastructure Projects

Mihnea Craciun

doi:10.4236/me.2011.24053

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Modern Economy > Vol.2 No.4, September 2011

A New Type of Risk in Infrastructure Projects ()

Mihnea Craciun

DOI: 10.4236/me.2011.24053 PDF HTML 6,525 Downloads 11,300 Views Citations

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.

Keywords

Management, Risk Typologies, Project Finance, Infrastructure

Share and Cite:

M. 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.

Conflicts of Interest

The authors declare no conflicts of interest.

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