Government Guarantees

Government Guarantees
Author: Timothy Irwin
Publisher: World Bank Publications
Total Pages: 230
Release: 2007
Genre: Business & Economics
ISBN: 0821368591

The book considers when governments should give guarantees to private investors. After describing the history of guarantees, and the challenges the politics and psychology create for good decisions, the book sets out a principles for allocating risk (and therefore guarantees), techniques for valuing guarantees, and rules to encourage good decisions.