Toll financing, risk financing : how to fit the needs without dogmas : the French experience.

This paper deals with the French experience of concession which spreads from concession of a motorway section granted to a public-owned company to concession of a network on a risk-financing basis. This experience is informative about the merits of toll financing, concession per se (i.e. the provision of public utilities by an autonomous body, either public or private, rather than by a government road authority) and private risk-financing. (A) The German title of this article is: Finanzierung der Gebührautobahnen und Finanzierung des Risiko : Französische Erfahrung.