A ‘real options’ perspective to development finance-related investment decisions

Autor: Danny Cassimon, Peter-Jan Engelen
Jazyk: angličtina
Rok vydání: 2022
Předmět:
Zdroj: AfricaGrowth Agenda
University of Antwerp
ISSN: 1811-5187
Popis: In this contribution, we explain the basics of the real option approach to development finance related investment decisions, and how it alters the conventional investment decision-making rule. We then show its relevance to development finance-related decision-making investment decisions broadly speaking, and more specifically how it can be applied to inform public-sector interventions in order to crowd-in the private sector to invest in development-relevant projects, and generate additional finance to meet the Sustainable Development Goals (SDGs) and other current global (development) challenges, i.e. the so-called ‘blended finance’ approach. Along the way, some particular examples are included to show concrete applicability in practice and generate ideas for further research.
Databáze: OpenAIRE