G

Garbacik, Karl, 52

Garcia-Appendini, Emilia, 97n2

gas industry, 84, 84t, 314-15

Gasmi, Farid, 142, 143

Gaspar, Raymond, 15

Gatti, Stefano, 81, 87, 97n2, 97n4, 130n4

GDP. See gross domestic product

gearing ratios

description and data sources for, 98t

descriptive statistics for mature markets, 100t

influence on bank project financing, 83, 86, 87, 89, 91-94, 101

role of equity and, 109

General Agreement on Trade in Services of WTO, 237

generalized method of moments

(GMM) approach, 147-50, 151n4

Gertler, Mark, 79

Global Competitiveness Report

2017-2018 (WEF), 1, 1f, 5, 256, 257f, 271, 272t

global financial crisis (2008)

decrease in PPP projects and, 144, 150-51

Kenya, 176

Philippines, 250

real fixed income returns following, 78

tariff increases and, 250

Thailand, 211

globalization, 22

GMM. See generalized method of moments approach

Godlewski, Christophe J., 111, 115, 122, 125, 130n6, 130n8

Goldsmith, Hugh, 82

governance mechanisms. See also regulatory governance in PPP performance

determinants of PPPs, 142

improving, 26

issues affecting PPP process in, 204-8, 205f, 206t, 208f

as obstacle to PPPs, 5, 142

PPP investment and GDP growth, 27, 28t

PPP project success and, 3

PPP readiness and, 26, 26f

project financing and, 7, 93, 97n10, 109, 118

Republic of Korea, 194

role of banks in, 111, 112, 114

role of lead arrangers in, 113, 115

Southeast Asia, 262, 282, 283

success factors for PPPs and, 3

World Wide Governance Indicators of World Bank, 87, 121-22, 130n5

grant funding, 172

greenfield projects

canceled, 49f

overinvestment in, 246

risk mitigation for, 172, 172f

survival rates of, 59, 60f, 61t, 63, 64t, 66

gross domestic product (GDP)

bank project financing and, 87, 88, 92-93, 97n8

description and data sources for, 98t investment booms and, 25, 25f

PPP investments and, 27, 28-29t, 32, 32t, 34n2, 149, 201

PPP investments as percentage of, 258, 259t, 264-65, 265f

private sector investment in infrastructure as percentage of, 33

survival of PPP projects and, 63

Gupta, L.C., 142