Where Does the Public Sector End and the Private Sector Begin?

Where Does the Public Sector End and the Private Sector Begin?

Author: Ian Lienert

Publisher: International Monetary Fund

Published: 2009-06

Total Pages: 32

ISBN-13:

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The real effective exchange rate (REER) is the most commonly used measure for assessing international competitiveness. We develop a methodology to estimate the REER that incorporates two distinctive elements that are not considered in the current literature and apply it to the Mediterranean Quartet (MQ) of Greece, Italy, Portugal, and Spain, whose common pattern of real appreciation has created concern in policy and academic circles. The two elements that we add to the existing literature are (i) product heterogeneity when identifying each country's international competitors and their weights and (ii) a comprehensive treatment of services exports. Our refined measure suggests a modest reduction in the observed REER gap between the MQ countries and the other euro area countries. In particular, considering product heterogeneity and services exports implies a lower real appreciation from 1998 to 2006 on the order of 2-3 percent for all MQ countries. These are difference-in-difference estimates relative to the results obtained for the rest of the euro area countries using the same methodology.


The Intersector

The Intersector

Author: Daniel P. Gitterman

Publisher: Brookings Institution Press

Published: 2021-06-08

Total Pages: 335

ISBN-13: 0815739036

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Exploring how cross-sector collaboration can solve seemingly intractable societal problems Many people tend to think of the public, non-profit and private sectors as being distinctive components of the economy and broader society—each with its own missions and problems to address. This book describes how the three sectors can work together toward common purposes, accomplishing much more than if they work alone. With the nation reeling from multiple challenges, more than ever the United States needs these sectors to collaborate to address what might seem to be intractable problems. Cross-sector collaborations and partnerships are more crucial than in the past as the country tries to recover from the economic, health, and broad social dislocations caused by the COVID-19 pandemic. At a time when trust in institutions, both public and private, is at an all-time low, cooperation among the sectors can be a confidence-inspiring approach to addressing public problems. This book reviews the state of cross-sector collaborations, identifies emerging practices, and offers a range of perspectives from experts in the field. Practitioners show how cooperation among sectors is relevant to their core missions. Scholars from a wide range of disciplines discuss both the broad and specific concepts that advance understanding of cross-sector collaboration. At a time when the United States must recover from and address new challenges, the book shows how cross-sector collaborations can help ensure a brighter future. Its core conclusions should be of particular interest to leaders in each of the broad sectors, as well as educators and students at both the undergraduate and graduate level.


Private Vs. Public Operation of Juvenile Correctional Facilities

Private Vs. Public Operation of Juvenile Correctional Facilities

Author: Gaylene Styve Armstrong

Publisher: LFB Scholarly Publishing LLC

Published: 2001

Total Pages: 204

ISBN-13: 9781931202008

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Armstrong studies the environmental quality of confinement in private and public juvenile correctional facilities using data from 48 facilities, representing 4,590 delinquents, 1,362 staff, and 48 administrators in 19 states (16 private and 32 public facilities). Her results demonstrate that neither staff nor juvenile delinquents perceived the environmental quality to be significantly different between private and public facilities. Further, compared to public facilities, private facilities were smaller, newer and had a more intensive admission process for juvenile delinquents. Public and Private correctional staff differed significantly on age and prior work experience. Differences in the juvenile populations were minimal.


Business and Security

Business and Security

Author: Alyson J. K. Bailes

Publisher: Oxford University Press

Published: 2004

Total Pages: 364

ISBN-13: 9780199274505

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Bringing together a variety of experts in business, government and international organizations, this is a major new evaluation of the growing interdependence of the private and public sectors in tackling present-day security challenges.


The Public Sector

The Public Sector

Author: Jan-Erik Lane

Publisher: SAGE

Published: 2000-02-28

Total Pages: 374

ISBN-13: 9780761967491

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The Third Edition of this successful textbook introduces students to the major concepts, models, and approaches surrounding the public sector. Now fully updated to include coverage of the New Public Management (NPM), The Public Sector is the most comprehensive textbook on theories of public policy and public administration. The Public Sector is introduced within a three-part framework: public resource allocation, redistribution and regulation. Jan-Erik Lane explains the basic concepts of each of these broad areas, and goes on to examine their consequences for various approaches to the making and implementation of public policy. The book explores models of management, effectiveness and


Public–Private Partnership Monitor

Public–Private Partnership Monitor

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2021-07-01

Total Pages: 231

ISBN-13: 9292629417

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The Government of Pakistan strongly supports public–private partnership (PPP) initiatives. From 1990 to 2019, Pakistan witnessed 108 financially closed PPP projects, with a total investment of approximately $28.4 billion. About 88% of these projects are in the energy sector, attracting more than $24.7billion, followed by investments in the port sector. In early 2021, Parliament approved the amendments to the 2017 PPP Law, enacting the Public Private Partnership Authority (Amendment) Act 2021. This further strengthens the enabling legal and regulatory framework for developing and implementing PPPs, thereby promoting private sector investment in public infrastructure and related services.


Public-Private Partnerships in the USA

Public-Private Partnerships in the USA

Author: Tony Wall

Publisher: Routledge

Published: 2013-03-05

Total Pages: 146

ISBN-13: 1136681639

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Broadly, a Public-Private Partnership (or PPP) is any collaboration between the public and private sector, but research in the UK has tended to focus on those that have been used for major infrastructure projects, such as roads, schools, and hospitals. This book compares and contrasts PPP research in the UK with that of cases in the USA, including interviews with some of the key stakeholders (decision makers in the public sector, contractors, and users) of PPPs in North America, and observations of PPPs in action (such as schools and roads). No prior major studies have compared the UK and USA when it comes to the development and operation of PPPs, and this book fills a gap in the literature, addressing a number of key questions, including: Is the private sector viewed with less suspicion in the USA when it comes to projects that would normally fall under the aegis of the public sector? How do politics affect PPPs? How do key players in the PPP process define project success, determine the merits and drawbacks of the initiative, and deal with controversial elements of the scheme such as value for money and risk transfer? The result is a volume that offers practical advice for the future development of PPPs in the UK.


Mastering the Risky Business of Public-Private Partnerships in Infrastructure

Mastering the Risky Business of Public-Private Partnerships in Infrastructure

Author: Manal Fouad

Publisher: International Monetary Fund

Published: 2021-05-10

Total Pages: 61

ISBN-13: 1513576569

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Investment in infrastructure can be a driving force of the economic recovery in the aftermath of the COVID-19 pandemic in the context of shrinking fiscal space. Public-private partnerships (PPP) bring a promise of efficiency when carefully designed and managed, to avoid creating unnecessary fiscal risks. But fiscal illusions prevent an understanding the sources of fiscal risks, which arise in all infrastructure projects, and that in PPPs present specific characteristics that need to be addressed. PPP contracts are also affected by implicit fiscal risks when they are poorly designed, particularly when a government signs a PPP contract for a project with no financial sustainability. This paper reviews the advantages and inconveniences of PPPs, discusses the fiscal illusions affecting them, identifies a diversity of fiscal risks, and presents the essentials of PPP fiscal risk management.