Infrastructure
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Presentations by Dieter Helm
Applying the RAB approach to infrastructure
13th July 2010
City and Financial ConferenceCreating an Efficient Funding Market for Infrastructure InvestmentJuly 13th 2010, London
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Presentations by Dieter Helm
"The infrastructure challenge - provision, funding and delivery" Projects International Conference, Brussels.
17th March 2010
Slides will be available here on the day.
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Publications by Dieter Helm
The Evolution of Infrastructure and Utility Ownership and its Implications
9th December 2009
Oxford Review of Economic Policy, Volume 25, Number 3, 2009, pp.411–434 Abstract The paper documents the significant changes of ownership since the infrastructure utilities were privatized and, in particular, the shifts from the initial focus on dispersed retail share ownership through takeovers to more concentrated ownership and the emergence of private equity and infrastructure funds. In the process, there has been substantial financial engineering and balance sheets have been geared up...
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Publications by Dieter Helm
"Infrastructure investment, the cost of capital, and regulation: an assessment", Oxford Review of Economic Policy, 25:3, pp307-326.
2nd December 2009
New article from Dieter Helm
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Publications by Dieter Helm
The Challenge of Infrastructure Investment in Britain
1st September 2009
Chapter in "Delivering a 21st Century Infrastructure for Britain" co-authored with Ben Caldecott and James Wardlaw. Published by Policy Exchange. The British economy at the end of the first decade of the 21st century is not in good shape. The credit crunch and subsequent recession have revealed deep structural weaknesses.The state of the public finances is widely agreed to be unsustainable and additional spending in the cause of a Keynesian stimulus has added to the debt. Consumer spending,...
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Media articles by Dieter Helm
Britain must save and rebuild to prosper
4th June 2009
Financial Times piece. How did the UK get into such an economic mess? There are many causes, but central to any explanation is that consumption has been unsustainably high at least since 2000, and this excess has been based upon ever-higher levels of private and public debt. In simple terms, we have been writing a large mortgage on future generations, without bequeathing them a compensating set of assets. The implication is that a sustained economic recovery depends upon a major rebalancing of...
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Publications by Dieter Helm
It’s not over yet: the implications of the credit crunch
29th October 2007
2007 will go down in economic history as a roller-coaster – it’s not often that we see a global credit crunch which requires over half a trillion dollars to stabilise, and a run on a major London bank. The former occurs roughly every quarter of a century, the latter on a century scale – though there were no UK bank runs in the entire twentieth century.