Since 1994, the World Bank has provided partial credit guarantees to private financiers of several large infrastructure projects in developing countries. A major objective of the partial guarantee program is to leverage Bank resources so as to provide developing countries with better private credit terms. A real test of the efficacy of World Bank partial credit guarantees is whether they also lower the interest rate and lengthen the effective maturity...
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INFORMATION
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1997/08/31
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Document de travail de recherche sur les politiques
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WPS1802
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1
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1
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2010/07/01
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Are there synergies between World Bank partial credit guarantees and private lending?
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partial credit guarantee
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