Role of Project Finance in Emerging Economies

Journal of Economics and Sustainable Development, Vol.5, No.4, 2014

3 Pages Posted: 2 May 2013 Last revised: 3 Mar 2015

See all articles by John Kwaku Mensah Mawutor

John Kwaku Mensah Mawutor

University of Professional Studies, Accra (UPSA)

Date Written: March 2, 2015

Abstract

The steady growth of funding projects with project finance to develop and provide infrastructural facilities in developed and emerging economies cannot be overemphasized. This study analysis and reviewed the immense contribution of project finance schemes in constructing numerous public projects. Central to the success of this scheme is the non-recourse financing of projects, allocation and shifting of project risk between the parties of the scheme. The study further found that in spite of the complexity associated with project finance in emerging economies, it is prudent to formulate a very solid and suitable legal framework, provide enabling environment for investors to reap their investments and a stable political atmosphere considering the number of years required to recoup the initial cost of investment.

Keywords: Project finance, Emerging economies, Infrastructure, Investers

Suggested Citation

Mawutor, John Kwaku Mensah, Role of Project Finance in Emerging Economies (March 2, 2015). Journal of Economics and Sustainable Development, Vol.5, No.4, 2014. Available at SSRN: https://ssrn.com/abstract=2258834 or http://dx.doi.org/10.2139/ssrn.2258834

John Kwaku Mensah Mawutor (Contact Author)

University of Professional Studies, Accra (UPSA) ( email )

P.O.Box 149
P.O.Box 1381
Accra
Ghana
233243287242 (Phone)

Register to save articles to
your library

Register

Paper statistics

Downloads
237
rank
126,566
Abstract Views
971
PlumX Metrics