01719cas a2200253 a 4500 AALejournalIMF009736 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451868630 1018-5941 BD-DhAAL BD-DhAAL Gasiorowski, Pawel. Optimal Capital Structure of Public-Private Joint Ventures / Pawel Gasiorowski, Marian Moszoro. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (13 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper presents a model to assess the efficiency of the capital structure in public-private partnerships (PPP). A main argument supporting the PPP approach for investment projects is the transfer of know-how from the private partner to the public entity. The paper shows how different knowledge transfer schemes determine an optimal shareholding structure of the PPP. Under the assumption of lower capital cost of the public partner and lower development outlays when the investment is carried out by a private investor, an optimal capital structure is achieved with both the public and the private parties as shareholders. Mode of access: Internet Moszoro, Marian. IMF Working Papers; Working Paper ; No. 2008/001 Full text available on IMF http://elibrary.imf.org/view/journals/001/2008/001/001.2008.issue-001-en.xml IMF e-Library