Title :
Notice of Retraction
The Framework of Asset-Backed Securitization for Public Project
Author :
Jun Zhou ; Yaoqi Wang
Author_Institution :
Sch. of Manage. Sci. & Eng., Central Univ. of Finance & Econ., Beijing
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE\´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Recently ABS (asset-backed securitization) is becoming one of the most important financial innovations on international finance market, which could solve the bottleneck of construction funds for public projects availably. The feasibility of ABS financing for public project is discussed. As a kind of structural financing instrument ABS can realize the goal of "bankrupt risk insulation" perfectly by framework design, and an effective framework for ABS operation is set up in the paper. Further more the risk in the process of ABS is pointed out and accordingly the policy suggestion is put forward for financial safety.
Keywords :
financial management; innovation management; international finance; international trade; risk management; security of data; ABS financing; asset backed securitization; bankrupt risk insulation; construction funds; financial innovation; financial safety; international finance market; public project; structural financing; Asset management; Engineering management; Financial management; Government; Innovation management; Investments; Large-scale systems; Project management; Public finance; Safety;
Conference_Titel :
Wireless Communications, Networking and Mobile Computing, 2007. WiCom 2007. International Conference on
Conference_Location :
Shanghai
Print_ISBN :
978-1-4244-1311-9
DOI :
10.1109/WICOM.2007.990
