Public-Private Partnerships in Health by Veronica Vecchi & Mark Hellowell

Author:Veronica Vecchi & Mark Hellowell
Language: eng
Format: epub
Publisher: Springer International Publishing, Cham

Exchange rate fluctuation

x

This risk is retained by the SPV and, while hedging instruments normally exist, it can be problematic in some emerging-market countries

Force majeure

x

Normally this risk is retained by the public authority

Change in taxation

x

Normally this risk is retained by the public authority

Change in law

x

Normally this risk is retained by the public authority

Stability of business, political and legal environment

x

x

This risk affects the execution of the contract and the SPV. It can be problematic in emerging market countries and can be hedged with guarantees issued by multilateral banks or other development institutions

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