Risk Management in Project Finance and Implementation

Beenhakker offers a comprehensive examination of all aspects of risk management—from financial structures and techniques through the development of efficient portfolios and decisions that will minimize investment risks and taxes. The result is a multifaceted approach to risk management, one that advances new theory and involves interaction among various disciplines. Beenhakker takes special care to point out the assumptions underlying developments in risk situations, and his book not only is self-contained in one volume, but also assumes no prior knowledge of the various disciplines upon which it is based and from which it draws its ideas. Professionals with investment responsibilities in both the public and private sectors will find a variety of new concepts explained clearly and simply. Their colleagues in the academic community and students will find the book to be a unique bridge between theory and practice.

HENRI L. BEENHAKKER is a principal economist at the World Bank, Adjunct Professor in the School of Advanced International Studies at Johns Hopkins University, and adviser to the U.S. General Accounting Office. With professional experience in economics, finance, and engineering, he has assisted industrial and governmental organizations here and abroad in long-range planning. He also served as Chairman of the Department of Industrial Management at the University of Iowa, and was employed by Stanford Research Institute. He is author of five textbooks and more than 35 articles published in leading business and economic journals. His most recent book is Investment Decision Making in the Private and Public Sectors (Quorum, 1996).