An appraisal framework for evaluating financing approaches for public infrastructure

Liesel Henn, Keith Sloan, Michael B. Charles and Neil Douglas

Public Money & Management, 2016, vol. 36, issue 4, 273-280

Abstract: Innovative financing solutions for public infrastructure megaprojects require new approaches to assess the various financing portfolios being proposed. This paper discusses a range of international financing models and presents a new multi- criteria appraisal framework for assessing alternative ways of raising capital. The proposed framework combines elements of a multi-criteria analysis and cost benefit analysis, and incorporates both monetary and intangible impact measures to facilitate the selection of a financing approach that is in society’s best interest.

Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:taf:pubmmg:v:36:y:2016:i:4:p:273-280

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DOI: 10.1080/09540962.2016.1162595

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