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.

Public Private Partnerships in Nigeria
Public Private Partnerships in Nigeria

Author: George Nwangwu

Publisher: Springer

Published: 2016-05-03

Total Pages: 270

ISBN-13: 113754242X

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This first major book on Public-Private Partnerships (PPP) in Nigeria explores the legal, policy and strategic issues involved in the structuring and execution of PPP projects in Nigeria. The book goes beyond the toolkit approach of other available resources to blend the theoretical analysis of concepts with practical step-by-step guides for consummating projects. The book adopts a multidisciplinary approach by integrating law, economics, finance and project management literature, relying on the author’s extensive experience in the field to give clear insights on the PPP concept. The case study methodology employed in the book produces rich and compelling empirical results. This book is suitable for beginners wishing to develop an understanding of the concept, as well as practitioners advising on PPPs. Students and academics wishing to carry out further research on PPPs will also benefit from the book.

The Role and Impact of Public-private Partnerships in Education
The Role and Impact of Public-private Partnerships in Education

Author: Harry Anthony Patrinos

Publisher: World Bank Publications

Published: 2009-01-01

Total Pages: 116

ISBN-13: 0821379038

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The book offers an overview of international examples, studies, and guidelines on how to create successful partnerships in education. PPPs can facilitate service delivery and lead to additional financing for the education sector as well as expanding equitable access and improving learning outcomes.

Public-Private Partnerships
Public-Private Partnerships

Author: Akintola Akintoye

Publisher: John Wiley & Sons

Published: 2008-04-15

Total Pages: 448

ISBN-13: 0470680431

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Public Private Partnership is a key issue in the construction industry – causing much concern among contractors, funders and facility managers. Demand has been building for a thorough analysis ... This edited book will familiarise both researchers and construction professionals working with public private partnerships (PPP) with the issues involved in the planning, implementation and day-to-day management of public private projects. It will show how current risk management methods can help the complex process of managing procurement via such partnerships. The chapters - most authored by a practitioner/academic partnership - are organised round the concepts of best value and use the findings of a major research project investigating Risk Assessment and Management in Private Finance Initiative Projects. The analysis of this research will be supplemented with contributions by leading international experts from Hong Kong, Australia and Singapore, covering hospitals, schools, waste management and housing - to exemplify best practice in PPP-based procurement.

Public Private Partnerships
Public Private Partnerships

Author: Darrin Grimsey

Publisher: Edward Elgar Publishing

Published: 2007-01-01

Total Pages: 284

ISBN-13: 1845423437

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This path-breaking book considers the recent trend for governments to look increasingly to private sector finance, provided by private enterprises constructing and managing public infrastructure facilities in partnership with government bodies. 'The boundaries between the public and private sector are the most important political issue of our time.'

Public–Private Partnerships for Infrastructure Development
Public–Private Partnerships for Infrastructure Development

Author: Raymond E. Levitt

Publisher: Edward Elgar Publishing

Published: 2019

Total Pages: 357

ISBN-13: 1788973186

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Large infrastructure projects often face significant cost overruns and stakeholder fragmentation. Public-Private Partnerships (PPPs) allow governments to procure long-term infrastructure services from private providers, rather than developing, financing, and managing infrastructure assets themselves. Aligning public and private interests and institutional logics for decades-long service contracts subject to shifting economic and political contexts creates significant governance challenges. We integrate multiple theoretical perspectives with empirical evidence to examine how experiences from more mature PPP jurisdictions can help improve PPP governance approaches worldwide.

The Economics of Public-Private Partnerships
The Economics of Public-Private Partnerships

Author: Eduardo Engel

Publisher: Cambridge University Press

Published: 2014-09-15

Total Pages: 193

ISBN-13: 1107035910

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The authors provide a summary of the main lessons learned from the past twenty-five years regarding public-private partnerships.

Public-Private Partnership Projects in Infrastructure
Public-Private Partnership Projects in Infrastructure

Author: Jeffrey Delmon

Publisher: Cambridge University Press

Published: 2011-01-31

Total Pages: 257

ISBN-13: 1139494716

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Investment in infrastructure is critical to economic growth, quality of life, poverty reduction, access to education, healthcare, and achieving many of the goals of a robust economy. But infrastructure is difficult for the public sector to get right. Public-private partnerships (PPPs) can help; they provide more efficient procurement, focus on consumer satisfaction and life cycle maintenance, and provide new sources of investment, in particular through limited recourse debt. But PPPs present challenges of their own. This book provides a practical guide to PPPs for policy makers and strategists, showing how governments can enable and encourage PPPs, providing a step-by-step analysis of the development of PPP projects, and explaining how PPP financing works, what PPP contractual structures look like, and how PPP risk allocation works in practice. It includes specific discussion of each infrastructure sector, with a focus on the strategic and policy issues essential for successful development of infrastructure through PPPs.

Realizing the Potential of Public–Private Partnerships to Advance Asia's Infrastructure Development
Realizing the Potential of Public–Private Partnerships to Advance Asia's Infrastructure Development

Author: Akash Deep

Publisher: Asian Development Bank

Published: 2019-01-01

Total Pages: 341

ISBN-13: 9292614193

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This publication highlights how public–private partnerships (PPPs) can be effective to meet Asia's growing infrastructure needs. It shows how governments and their development partners can use PPPs to promote more inclusive and sustainable growth. The study finds that successful PPP projects are predicated on well-designed contracts, a stable economy, good governance and sound regulations, and a high level of institutional capacity to handle PPPs. It is the result of a collaboration between the Asian Development Bank, the Korea Development Institute, and other experts that supported the theme chapter "Sustaining Development through Public–Private Partnership" of the Asian Development Outlook 2017 Update.

Public Private Partnerships
Public Private Partnerships

Author: Akintola Akintoye

Publisher: Routledge

Published: 2015-09-16

Total Pages: 433

ISBN-13: 131741537X

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This timely new book provides an international perspective on Public Private Partnerships. Through 21 case studies, it investigates the existing and fast developing body of principles and practices from a wide range of countries and is the first book to bring together leading international academics and practitioners under a common framework that enables convenient cross-country comparisons. The authors focus on the impact of the financial crisis has had on how governments have reviewed and overhauled their PPP policies as they have examined or tested new ways of partnering more effectively, efficiently and sustainably with the private sector. Readers will be able to gauge the level of maturity of PPP development in the book’s case studies, understand similarities and differences in their practices, and gain useful insights into the regulatory framework and institutional infrastructure in place to support implementation of PPP. Finally, the book offers insights into the future challenges and opportunities that PPP offers stakeholders.