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Project Finance Recent Applications and Future Trends: The State of the Art

Author

Listed:
  • A. Garcia-Bernabeu

    (Universitat Politecnica de Valencia, Spain)

  • F. Mayor-Vitoria

    (Universitat Politecnica de Valencia, Spain)

  • F. Mas-Verdu

    (Universitat Politecnica de Valencia, Spain)

Abstract

This paper provides a review of the state of the art of project finance methodology. The growing body of literature in this field serves to emphasize the increasing use and new areas of application of project finance techniques. The paper attempts to describe the main features of project finance, to explain the role of the participants, and the main contractual arrangements. Reviewing the state of the art of project finance provides a special opportunity to draw attention to the main challenges of this technique and to identify new trends.

Suggested Citation

  • A. Garcia-Bernabeu & F. Mayor-Vitoria & F. Mas-Verdu, 2015. "Project Finance Recent Applications and Future Trends: The State of the Art," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 14(2), pages 159-178, December.
    • Handle: RePEc:ijb:journl:v:14:y:2015:i:2:p:159-178
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    project finance; public-private partnerships; literature review;
    All these keywords.

    JEL classification:

    • D53 - Microeconomics - - General Equilibrium and Disequilibrium - - - Financial Markets
    • F30 - International Economics - - International Finance - - - General
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General

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