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Larry H. P. Lang

Project Finance in Asia

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ISBN: 0444828044
Издательство: North-Holland
Hardbound. In this book, the mysteries of the new 'Asian definition of project finance' have been unravelled, the richness and complexities of the constantly-evolving efforts have been explored, and contrasts the Asian adapted definition with the basic model of the West. While the book reviews the past and outlines the future for project financing in Asia, the focus is on the 'premature present', a period of seven to eight years from the late '80's to 1996, when there were few successes and countless casualties. This interval in time has been sought to provide the reader, through a temporal window, a glimpse of what it was like in this 'Age of Arbitrage' on a project financing front, armed with neither a reliable legal/regulatory framework, nor an efficient pricing mechanism. The book journeys through the short-lived victories and the morale-breaking defeats, documenting the war of attrition as the remaining players survive to traverse down the road tow