Seeking the rationale behind structured finance
While traditionally associated almost exclusively with balance sheet management by financial institutions, structured finance is now being embraced by an increasing number of companies as their financing method of choice. Yet the exact circumstances in which these complex arrangements make sense are not well understood. This article sheds some light on a topic that is at the frontier of financial innovation.
Related
From vision to viability: using microeconomics to implement the Strategic Defence Review
After much anticipation, this month the UK government published its long-awaited Strategic Defence Review (SDR). The SDR is the UK’s response to the challenge facing all European countries: namely, how to protect ourselves in a geo-political climate that has become both riskier and more uncertain. Led by former NATO Secretary… Read More
Assessing the profitability of motorway concessions in France
France’s ecological transition demands the modernisation of motorway infrastructure to support electrification, reduce emissions, and align with new mobility trends. As current concession contracts approach expiration, public authorities must establish a framework that achieves ecological goals while optimising public resources. The concession model, which entrusts private entities with managing infrastructure,… Read More