M

macroeconomic factors

bank project financing and, 87, 88-89, 93

impact of PPPs on, 19-20, 25, 192-93

infrastructure and stability of, 256, 257f, 282

as obstacle to PPPs, 142

PPP investments and, 149

private investment in infrastructure and, 143

sovereign creditworthiness based on, 170-71

success factors for PPPs and, 54-55

survival time estimation and, 58

Mahyideen, Jamilah Mohd, 18

Malaysia

bank project financing in, 83, 84t

capital market financing in, 199

currency bond markets in, 263, 264t, 269, 284n2

global competitiveness index rating, 272t

implementation stage of, 269, 270t infrastructure and institution scores, 257f

infrastructure gap in, 267-68, 284n1

infrastructure ranking of, 1f

legal framework for PPPs in, 261

obstacles to PPPs in, 53, 261

policy recommendations for, 283

PPP investment in, 5, 256, 258, 259t

PPP regulations in, 242

Public-Private Partnership Unit of, 259, 261

social infrastructure projects in, 276

syndicated loan use in, 110, 121

manufacturing sectors, 84, 84t

market failures, 119, 139, 233

Martimort, David, 20, 215

McCaffer, Ronald, 55

McDonald, Mott, 199

McKibbin,Warwick, 16

MDBs. See multilateral development banks

mediation, 206-7, 207t, 208f

Megginson, William L., 111, 114, 120, 123

Mendoza, Octasiano Miguel, 19

Merton, Robert, 118

Mester, Loretta, 115

MIGA. See Multilateral Investment Guarantee Agency

minimum payment guarantee, 81, 96, 172, 172f, 210

minimum revenue guarantee, 228, 231n4

mining, oil and gas sectors

bank project financing for, 84, 84t

comparative review of, 314-15

Mirzaei, Ali, 80

Mirzaei, Zeynab, 80

Mitsubishi UFJ Financial Group Inc., 85

mobile phones, 29, 30-31t, 54

Mohammed, Salah, 55

monetary policy, 79-80, 129

monopolies, 235, 252

Moral-Benito, Enrique, 18

moral hazard, 112-13, 115, 138-39, 282

Morita, Yuichi, 18

Moszoro, Marian, 53

Mullineaux, Donald J., 111-17, 122, 126, 132

multilateral development banks

(MDBs). See also specific banks

benefits of partial risk guarantees from, 180-83, 181-82f

description and data sources for, 99t

descriptive statistics for mature markets, 100t

financing for PPPs, mobilizing, 2, 8, 66

political risk insurance from, 273

risk management for PPPs, 54

risk-mitigation tools of, 168, 171, 173-78, 175t, 176-77f

survival rates of PPPs and, 59, 60f, 63-64

Multilateral Investment Guarantee Agency (MIGA), 177-79

Myanmar

global competitiveness index rating, 257, 257f

implementation stage of, 269, 270t

policy recommendations for, 283-84