Banks as Masters of Debt, Cost Calculators and Risk-Sharing Mediators: A Discreet Regulatory Role Observed in French Public–Private Partnerships

Elise Penalva-Icher, Chrystelle Richard, Anne Jeny-Cazavan and Emmanuel Lazega

Chapter 5 in Finance: The Discreet Regulator, 2012, pp 113-133 from Palgrave Macmillan

Abstract: Abstract External, top-down regulation by public authorities is increasingly being combined with endogenous bottom-up regulation by private actors to produce various forms of ‘joint’regulation (Lazega, 2003). The financial sector – banking in particular – plays a central role in this joint regulation. This chapter looks at a case in point, describing the central but discreet role of the banking sector in the construction of a new institutional system combining public procurement and private markets through the promotion of PPPs (public–private partnerships) in France.

Keywords: Banking Sector; Private Partnership; Business Network; Joint Regulation; Advice Network (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-03360-4_6

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DOI: 10.1057/9781137033604_6

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