How to translate text using browser tools
27 December 2019 Evaluation and Analysis on the Financing Risks of Transoceanic International Trade Based on the Fuzzy Optimum Model
Lifu Chen
Author Affiliations +
Abstract

Chen, L., 2019. Evaluation and analysis on the financing risks of transoceanic international trade based on the fuzzy optimum model. In: Li, L.; Wan, X.; and Huang, X. (eds.), Recent Developments in Practices and Research on Coastal Regions: Transportation, Environment and Economy. Journal of Coastal Research, Special Issue No. 98, pp. 418–421. Coconut Creek (Florida), ISSN 0749-0208.

Accelerating the construction of transoceanic international trade (TIT) is of great significance to improving people's livelihood and promoting social harmony and stability. At present, there are mainly three types of TIT financing modes in China, namely, build-operate-transfer (BOT), private finance initiative (PFI), and public–private partnership (PPP). This analysis with the fuzzy optimum decision-making model finds that the PPP mode is the most suitable financing mode for TIT projects in Beijing. This paper uses the analytic hierarchy process (AHP)-based gray relational analysis method to evaluate the risks of the TIT PPP projects. The major risks that were found in the PPP project in Beijing are: design and construction risks, operation and maintenance risks, and market risks. The risks of major sectors involved are as follows: the private sector bears the greatest risk, followed by the government sector, and banking institutions and insurance companies take the smallest risk.

©Coastal Education and Research Foundation, Inc. 2019
Lifu Chen "Evaluation and Analysis on the Financing Risks of Transoceanic International Trade Based on the Fuzzy Optimum Model," Journal of Coastal Research 98(sp1), 418-421, (27 December 2019). https://doi.org/10.2112/SI98-094.1
Received: 4 April 2019; Accepted: 26 June 2019; Published: 27 December 2019
KEYWORDS
fuzzy optimum
risk evaluation
Transoceanic international trade (TIT)
RIGHTS & PERMISSIONS
Get copyright permission
Back to Top