Project Finance: Applications and Insights to Emerging Markets Infrastructure (Wiley Finance) - Hardcover

Clifford, Paul D.

Hardcover

ISBN 10: 1119642469 ISBN 13: 9781119642466

Verlag: Wiley, 2021

Inhaltsangabe

Tackle infrastructure development projects in emerging markets with confidence

In Project Finance: Applications and Insights to Emerging Markets Infrastructure, distinguished professor and author Paul Clifford insightfully applies the fundamental principles of project finance structuring to infrastructure investments in emerging markets.

Using leading emerging market case studies to illuminate the underlying themes of the book, the author provides a practitioner’s perspective and incisive analysis of concepts crucial to a complete understanding of project finance in emerging markets, including:

· Risk management

· ESG and impact investing

· The emergence of new global multilateral development banks

· China’s Belt and Road Initiative

Project Finance bridges the gap between theoretical infrastructure development, investment, and finance and the implementation of that theory with instructive and applicable case studies. Throughout, the author relies on a grounded and quantitative approach, combining the principles of corporate finance with straightforward explanations of underlying technologies, frameworks, and national policies.

This book is an invaluable resource for undergraduate and graduate students in finance, as well as professionals who are expected to deal with project and infrastructure finance in emerging markets.

Über diesen Titel

Über die Autorin bzw. den Autor

PAUL D. CLIFFORD is Adjunct Professor at Columbia Business School. He also teaches at The City University of New York. He is a consultant for in-house programs at international banks and private sector energy companies. Formerly, he was Director of Project Finance for Standard Chartered PLC and ANZ Bank.

Von der hinteren Coverseite

PRAISE FOR PROJECT FINANCE

"Paul Clifford brings a seasoned financier's perspective to readers seeking real-world, applied insight. Packed with detailed case studies, the text is comprehensive in its overview and timely in its focus on forces at play in global project finance. Clifford elucidates the key principles that underpin this financing discipline, but his practical commentary and transactional insights make this an accelerated guide for those entering or seeking to understand the field of project finance."
MICHAEL WHALEN, former Head of Project Finance, OPIC, US Ex Im Bank; former Head of Project Finance, HSBC

"Paul Clifford's book brings together and provides a much needed emerging markets perspective in the understanding and teaching of project finance. This book will be useful for both advanced undergraduate and graduate students who want a deeper understanding of project and development finance as well as for practitioners."
PROFESSOR DAVID YU, PHD, CFA Finance Professor, New York University Shanghai; Chairman, CAVA and AAVA

"Clifford has effectively synthesized years of energy and infrastructure finance experience into a high-value guide for those focused on mastering the issues that must be addressed in structuring an effective limited recourse project financing. The lessons learned will prove invaluable to bankers, advisors, and students alike."
DAN BARTFELD, Partner, Milbank

"This book provides a comprehensive summary of project finance features in general, alongside case analysis takeaways for emerging markets in particular. The chapter on current ESG issues in infrastructure finance is both timely and rarely found in other books on this topic."
DR. KARL V. LINS, Spencer Fox Eccles Chair in Banking and Professor of Finance, David Eccles School of Business, University of Utah; Visiting Professor of Finance, London Business School

"This book provides tremendous insights from inside the project financing process that will benefit project developers and lenders in emerging and even developed markets."
TOM NELTHORPE, Contributing Editor, Proximo; former Editor, Project Finance Magazine and IJGlobal

Aus dem Klappentext

Project Finance: Applications and Insights to Emerging Markets Infrastructure teaches you how to apply project finance techniques to projects in emerging markets. You'll learn about topics like risk management, impact investing, and the new appearance of global multilateral development banks. Finally, you'll read about how environmental, social, and corporate governance subjects play out in emerging market infrastructure projects.

Distinguished academic and author Paul Clifford employs a highly practical and quantitative approach to project finance. He integrates core principles of corporate finance with key technological topics and country-specific frameworks and policies. The book is written in a straightforward and approachable style, combining applicable strategies with sound theoretical foundations. The chapters are grounded and utilitarian, suitable for both students of business and finance and professionals currently working in the field.

Exclusively focused on the challenges unique to emerging markets, Project Finance covers the fundamental principles of applying project finance structuring to those markets. It is supported throughout by seminal emerging market case studies and examples that tackle the actual implementation of the theoretical infrastructure development, investment, and finance concepts discussed within the book. Projects like China's Belt and Road Initiative are discussed at length and in the context of the theories and concepts introduced and explained by the book.

Perfect for undergraduate and graduate students of business and finance, Project Finance also belongs on the bookshelves of professionals who regularly deal with the financing of projects in emerging markets. Bankers, infrastructure investors, and others will find this to be an invaluable resource before embarking on their next project. Anyone expected to make decisions with respect to the financing of emerging market infrastructure will significantly benefit from this book.

Details zur Ausgabe

• Verlag: Wiley
• Erscheinungsdatum: 2021
• Sprache: Englisch
• ISBN 10: 1119642469
• ISBN 13: 9781119642466
• Einband: Gebundene Ausgabe
• Auflage: 1
• Anzahl der Seiten: 224
• Kontakt zum Hersteller: Wiley-VCH GmbH; product_safety@wiley.com; ; Boschstrasse 12; Weinheim; 69469; Deutschland