Theoretical literature suggests a variety of reasons why a public-private partnership (PPP)
should exhibit higher costs of construction than traditionally procured public infrastructure …

We investigate how different conceptions of distance impact upon one of the fundamental
decisions made by foreign investors, the choice of foreign direct investment (FDI) location …

… Frédéric Blanc-Brude is an economist specialised in infrastructure projects and a
consultant. He visited the EIB during his Ph.D. … Blanc-Brude et al. … Blanc-Brude et al. …

This article presents the findings of a recent analysis of the drivers of credit spreads in
project finance loans to public‐private partnerships, or PPPs, an increasingly popular form of …

This paper offers an updated description of the macroeconomic and sectoral significance of
PPPs in Europe, without assessing PPPs from a normative perspective. It shows that, over …

Using new data, we show that construction risk in infrastructure project finance is well-managed
and that project sponsors face very little construction risk compared to the well-…

… by meridiam and Campbell lutyens as part of the Infrastructure equity Investment
management and benchmarking research chair at edheC-Risk Institute, FRÉdÉRIC blanC-bRude …

… Furthermore, following the argument in Blanc-Brude (2013), we examine a different definition
of infrastructure, focusing on the “business model” as determined by the role of long-term …

In this article, the authors develop a structural credit risk model that relies on cash flow data
to derive credit risk metrics. The model is useful for illiquid assets for which a time series of …

… +44 7985 934 330 frederic.blanc-brude@kcl.ac.uk … and Jensen 2004), Water Market Asia
(Blanc-Brude and Jensen, 2006) and numerous media and company releases. These data are …