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简介：Thirdpartylitigationfunding(TPLF)isoneofthemostinnovativetrendsinlitigationfundingindustry.InaTPLFcontract,anexternalinvestor(thethirdpartyfunder)financiallysupportsalitiganttocoverlitigationexpenses.Iftheclaimisfinallysuccessful,ashareofrecoverieswillcometothefunderinreturn.Ontheotherhand,thethirdpartyfunderwillreceivenocompensationiftheplaintifflosesthesuit.Uptillnow,insomecommonlawjurisdictions(e.g.,Australia,theUK,andtheU.S.),TPLFhasbeenlegallyacceptedanddevelopsrapidly.Meanwhile,concernsabouttheuseofTPLFhavealsobeenraised.Forexample,whetherTPLFwillencouragefrivoloussuitsandunmeritoriousclaims;andwhethertheuseofTPLFwillbesociallydesirable.Inthisarticle,abasiceconomicmodelofTPLFwillbebuiltfirstly.Then,analysisbasedonthismodelwillbedeliveredandfurthersocialexternalitiesbroughtbytheuseofTPLFwillalsobeinvestigated.Finally,throughaneconomicanalysis,itisconcludedthatTPLFisgenerallysocialdesirablebutregulationsshouldbeimposed.

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简介：TheIndiaRenewableEnergyDevelopmentAgency(IREDA)hopestofund30to40newsmallhydroprojects,totalingabout110MW,fromUS$110millionavailablefordevelopmentofprivatesectorprojectsinIndia'snorthernandcentralstates.TheWorldBankapprovedUS$135millioninfundingtoIREDA,ofwhichUS$110millionistobeusedtodevelopprivatesectorsmallhydroprojectsinIndia'snorthernandcentralstates;

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