Political Risk and Regulatory Risk: Issues in Emerging Markets Infrastructure Concessions

Gustavo Ferro

No 15_2001, UADE Working Papers from Instituto de Economía, Universidad Argentina de la Empresa

Abstract: Political and regulatory risks, cause damage to countries and investors because of investment diminishing. When investments take place, those could increase services prices. Present work has as its objectives to characterize theoretically the problem, to study existent measures to face it, to know the available instruments to deal with it, and to draw some general conclusions on political and regulatory risks, and some specific conclusions referred to infrastructure concessions. The article is limited to the study of opportunistic behavior or governments.

Keywords: regulatory risks; Issues in Emerging Markets; Infrastructure Concessions (search for similar items in EconPapers)
JEL-codes: D40 (search for similar items in EconPapers)
Pages: 37 pages
Date: 2001-08-01
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Citations: View citations in EconPapers (5)

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