Public Private Partnerships for Infrastructure Development

Public   Private Partnerships for Infrastructure Development
Author: Raymond E. Levitt,W. Richard Scott,Michael J. Garvin
Publsiher: Edward Elgar Publishing
Total Pages: 360
Release: 2019
ISBN: 1788973186
Category: BUSINESS & ECONOMICS
Language: EN, FR, DE, ES & NL

Public Private Partnerships for Infrastructure Development Book Excerpt:

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.

Management Control in Public Private Partnerships

Management Control in Public Private Partnerships
Author: Thomas S. Konrad
Publsiher: Springer
Total Pages: 448
Release: 2018-06-27
ISBN: 3658228687
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Management Control in Public Private Partnerships Book Excerpt:

Thomas S. Konrad analyzes the management control design and reveals critical success factors of strategically oriented public-private partnerships for development between international governmental actors and the private sector. He builds a sound basis for the identification of a research gap and the derivation of research questions. The results generate sufficient evidence to answer these questions and therefore to close the identified research gap. Finally, he excelled in the discussion of the results by making a contribution of theory and by providing substantive recommendations to practitioners equally well.

Public Private Partnerships

Public Private Partnerships
Author: E. R. Yescombe
Publsiher: Elsevier
Total Pages: 368
Release: 2011-04-01
ISBN: 9780080489575
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Public Private Partnerships Book Excerpt:

Over the last decade or so, private-sector financing through public-private partnerships (PPPs) has become increasingly popular around the world as a way of procuring and maintaining public-sector infrastructure, in sectors such as transportation (roads, bridges, tunnels, railways, ports, airports), social infrastructure (hospitals, schools, prisons, social housing) public utilities (water supply, waste water treatment, waste disposal), government offices and other accommodation, and other specialised services (communications networks or defence equipment). This book, based on the author's practical experience on the public- and private-sector sides of the table, reviews the key policy issues which arise for the public sector in considering whether to adopt the PPP procurement route, and the specific application of this policy approach in PPP contracts, comparing international practices in this respect. It offers a systematic and integrated approach to financing PPPs within this public-policy framework, and explains the project-finance techniques used for this purpose. The book deals with both the Concession and PFI models of PPP, and provides a structured introduction for those who are new to the subject, whether in the academic, public-sector, investment, finance or contracting fields, as well as an aide memoire for those developing PPP policies or negotiating PPPs. The author focuses on practical concepts, issues and techniques, and does not assume any prior knowledge of PPP policy issues or financing techniques. The book describes and explains: * The different types of PPPs and how these have developed * Why PPPs are attractive to governments * General policy issues for the public sector in developing a PPP programme * PPP procurement procedures and bid evaluation * The use of project-finance techniques for PPPs * Sources of funding * Typical PPP contracts and sub-contracts, and their relationship with the project’s financial structure * Risk assessment from the points of view of the public sector, investors, lenders and other project parties * Structuring the investment and debt financing * The key issues in negotiating a project-finance debt facility. In addition the book includes an extensive glossary, as well as cross-referencing. *Reviews the PPP policy framework and development from an international perspective *Covers public- and private-sector financial analysis, structuring and investment in PPPs *No prior knowledge of project financing required

Public Private Partnerships in Emerging Economies

Public Private Partnerships in Emerging Economies
Author: Augustine Edobor Arimoro
Publsiher: Routledge
Total Pages: 228
Release: 2020-10-29
ISBN: 1000215539
Category: Law
Language: EN, FR, DE, ES & NL

Public Private Partnerships in Emerging Economies Book Excerpt:

Over the years, a shortage of funds has resulted in a huge deficit in government budgets for infrastructure, especially in developing economies. It is no longer feasible for governments to bear the entire burden of funding public infrastructure. Given that an inadequate supply of public infrastructure poses a challenge for the economic development of any country, partnerships with the private sector to fund public infrastructure procurement has started to be relied on as an alternative to traditional public procurement. Public-Private Partnerships are an arrangement that allow private entities to fund, design, manage and operate public infrastructure for a term in exchange for the payment of tolls by users or the government may well be the solution to the infrastructure crisis in many developing economies. This book examines the role of law in the adoption, implementation and regulation of Public-Private Partnership in selected developing economies including Brazil, India, Nigeria and South Africa to address how to deal with overlapping laws and how the law can protect assets invested in PPP in order to attract private sector interests in infrastructure financing in developing market, showing how law can be used to create, sustain and promote PPP frameworks that take into account local circumstances in developing economies.

Public Private Partnerships for Infrastructure and Business Development

Public Private Partnerships for Infrastructure and Business Development
Author: Stefano Caselli,Veronica Vecchi,Guido Corbetta
Publsiher: Springer
Total Pages: 384
Release: 2016-04-08
ISBN: 1137541482
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Public Private Partnerships for Infrastructure and Business Development Book Excerpt:

Public-Private Partnerships for Infrastructure and Business Funding is ideal for scholars and practitioners who work in the field of public policy design and implementation, finance and banking, and economic development.

Rethinking Public Private Partnerships

Rethinking Public Private Partnerships
Author: Carsten Greve,Graeme Hodge
Publsiher: Routledge
Total Pages: 240
Release: 2013-05-07
ISBN: 1136264566
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Rethinking Public Private Partnerships Book Excerpt:

The global financial crisis hit the world in a remarkable way in late 2008. Many governments and private sector organizations, who had considered Public-Private Partnerships (PPPs) to be their future, were forced to rethink their strategy in the wake of the crisis, as a lot of the available private funding upon which PPPs relied, was suddenly no longer available to the same extent. At the same time, governments and international organizations, like the European Union, were striving to make closer partnerships between the public sector and the private sector economy a hallmark for future policy initiatives. This book examines PPPs in the context of turbulent times following the global financial crisis (GFC). PPPs can come in many forms, and the book sets out to distinguish between the many alternative views of partnerships; a project, a policy, a symbol of the role of the private sector in a mixed economy, or a governance tool - all within a particular cultural and historical context. This book is about rethinking PPPs in the wake of the financial crisis and aims to give a clearer picture of the kind of conceptual frameworks that researchers might employ to now study PPPs. The crisis took much of the glamour out of PPPs, but theoretical advances have been made by researchers in a number of areas and this book examines selected new research approaches to the study of PPPs.

International Handbook on Public Private Partnerships

International Handbook on Public Private Partnerships
Author: Anthony E. Boardman
Publsiher: Edward Elgar Publishing
Total Pages: 631
Release: 2012-05-31
ISBN: 9780857932488
Category: Political Science
Language: EN, FR, DE, ES & NL

International Handbook on Public Private Partnerships Book Excerpt:

'"Partnership" is a widely-used and confusing term in public management. This book pilots the reader expertly through the diverse ambitions for PPPs, and the contexts in which they have been used. It draws on the first-hand experience of politicians and managers in steering partnerships, combined with solid research and observation. A particular strength is the recognition of how PPPs are understood in various national settings, and the scope for international policy learning. the contributors write in a style which is both authoritative and accessible to students, policy-makers and professionals seeking to understand the complexities of partnership working.' - Francis Terry, London School of Economics, UK

Public Private Partnerships in Education

Public Private Partnerships in Education
Author: Susan Robertson,Karen Mundy,Antoni Verger
Publsiher: Edward Elgar Publishing
Total Pages: 320
Release: 2012-01-01
ISBN: 0857930699
Category: Education
Language: EN, FR, DE, ES & NL

Public Private Partnerships in Education Book Excerpt:

'Far from simply being a form of cost sharing between the "state" and the "market," PPP has been celebrated by some, and condemned by others, as the champion of change in the new millennium. This book has been written by the best minds in education policy, political economy, and development studies. They convincingly argue that public private partnership represents a new mode of governance that ranges from covert support of the private sector (vouchers, subsidies) to overt collaboration with corporate actors in the rapidly growing education industry. The analyses are simply brilliant and indispensable for understanding how and why this particular best/worst practice went global.' – Gita Steiner-Khamsi, Columbia University, New York, US This insightful book brings together both academics and researchers from a variety of international organizations and aid agencies to explore the complexities of public private partnerships (PPPs) as a resurgent, hybrid mode of educational governance that operates across scales, from the community to the global. The contributors expertly study the different types of partnership arrangements and thoroughly critique the value of PPPs. Some chapters explore how PPPs, as a policy idea, have been constructed in transnational agendas for educational development and circulated globally, whilst other chapters explores the role and implications of PPPs in developing countries, providing arguments for and against an expanding reliance on PPPs in national educational systems. The theoretical framing of the book draws upon leading theories of international relations to develop a unique perspective on the global governance of education. It will prove insightful for both scholars and policymakers in public policy and education.

The Economics of Public Private Partnerships

The Economics of Public Private Partnerships
Author: Eduardo Engel,Ronald D. Fischer,Alexander Galetovic
Publsiher: Cambridge University Press
Total Pages: 194
Release: 2014-09-15
ISBN: 9781107632783
Category: Political Science
Language: EN, FR, DE, ES & NL

The Economics of Public Private Partnerships Book Excerpt:

Governments typically build and maintain public infrastructure, which they fund through taxes. But in the past twenty-five years, many developing and advanced economies have introduced public-private partnerships (PPPs), which bundle finance, construction, and operation into a long-term contract with a private firm. In this book, the authors provide a summary of what, they believe, are the main lessons learned from the interplay of experience and the academic literature on PPPs, addressing such key issues as, when governments should choose a PPP instead of a conventional provision, how PPPs should be implemented, and the appropriate governance structures for PPPs. The authors argue that the fiscal impact of PPPs is similar to that of conventional provisions and that they do not liberate public funds. The case for PPPs rests on efficiency gains and service improvements, which often prove elusive. Indeed, pervasive renegotiations, faulty fiscal accounting, and poor governance threaten the PPP model.

Rethinking Public Private Partnerships

Rethinking Public Private Partnerships
Author: Lewis, Mervyn K.
Publsiher: Edward Elgar Publishing
Total Pages: 160
Release: 2021-08-27
ISBN: 1789906407
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Rethinking Public Private Partnerships Book Excerpt:

Public private partnerships (PPPs) have been a controversial approach to procuring public infrastructure services. Against a background of recent trenchant criticism of PPPs, Mervyn K. Lewis, a leading scholar in the area, re-examines their utility. He questions what PPPs can and cannot do, why governments choose this route and whether PPPs can ever be good value for money.

Public Private Partnerships

Public Private Partnerships
Author: Darrin Grimsey,Mervyn Lewis
Publsiher: Edward Elgar Publishing
Total Pages: 288
Release: 2007-01-01
ISBN: 1845423437
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Public Private Partnerships Book Excerpt:

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.'

The Logic of Public Private Partnerships

The Logic of Public Private Partnerships
Author: Graeme A. Hodge,Carsten Greve
Publsiher: Edward Elgar Publishing
Total Pages: 304
Release: 2019-06-28
ISBN: 9781784716684
Category: Electronic Book
Language: EN, FR, DE, ES & NL

The Logic of Public Private Partnerships Book Excerpt:

Public-private partnerships (PPPs) have excited the political world over the past few decades. Few books, however, have viewed them as both a phenomenon of politics as well as a technical matter aiming to better deliver public infrastructure. Through fiercely independent scholarship, this book investigates the various logics of PPPs. In doing so, it challenges those involved in delivering public infrastructure to think more about power, language and politics in decision-making.The Logic of Public-Private Partnerships takes a cross-disciplinary perspective on PPPs. It notes their global popularity, and considers the varying definitions used and policy positions taken by different governments. It discusses the contemporary, international evidence supporting and opposing the formation of these partnerships, with reference to efficiency, value-for-money and governance. The simultaneous growth of PPPs in some countries is observed along with their demise in others. The book also articulates the solid reasons for which governments might adopt PPPs, before pointing to continuing research priorities.This book will be useful for academics interested in PPPs and infrastructure governance, as well as professionals in the infrastructure sector and practitioners seeking to understand the PPP phenomenon. It will also be an invaluable tool for undergraduate students with an interest in infrastructure projects, and postgraduate students studying PPPs and the issues surrounding them.

Making Public Private Partnerships Work

Making Public Private Partnerships Work
Author: Michael Geddes
Publsiher: Gower Publishing, Ltd.
Total Pages: 137
Release: 2005
ISBN: 9780566086458
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Making Public Private Partnerships Work Book Excerpt:

Michael Geddes' Making Public Private Partnerships Work offers a highly pragmatic guide to the processes behind multi sector partnerships including the skills of championing and managing the partnership internally, the organizational structure that underpins most successful partnerships, how to resource and staff the partnership, assuring accountability and good governance and how to manage and communicate the performance of any partnership.

Public Private Partnerships

Public Private Partnerships
Author: Akintola Akintoye,Matthias Beck,Mohan Kumaraswamy
Publsiher: Routledge
Total Pages: 432
Release: 2015-09-16
ISBN: 131741537X
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Public Private Partnerships Book Excerpt:

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.

Public Private Partnerships

Public Private Partnerships
Author: Albert N. Link
Publsiher: Springer Science & Business Media
Total Pages: 156
Release: 2006-06-03
ISBN: 0387297758
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Public Private Partnerships Book Excerpt:

Research and development (R and D) leads to innovation, and innovation leads to technological change. Technological change, in turn, is the primary driver of economic growth. Public/private partnerships -- cooperative relationships among industry, government, and/or universities -- leverage the efficiency of R and D and are thus a critical aspect of a nation’s innovation system. This text is intended for upper-level undergraduate and MBA courses such as Economics and Technology, Economics of Innovation, and Economics of Science and Technology, among others. The first chapter introduces the concept of public/private research partnerships along with other concepts fundamental to an understanding of innovation and technology policy. The framework chapters (2-5) set forth an argument for the public’s role – government’s role – in innovation in general and in public/private partnership in particular. The remaining chapters (6-14) describe a number of public/private partnerships and, to the extent possible, evaluate their social impact.

The Routledge Companion to Public private Partnerships

The Routledge Companion to Public private Partnerships
Author: Piet de Vries,Etienne B. Yehoue
Publsiher: Routledge
Total Pages: 522
Release: 2013
ISBN: 041578199X
Category: Business & Economics
Language: EN, FR, DE, ES & NL

The Routledge Companion to Public private Partnerships Book Excerpt:

This Companion title explores the highly controversial subject of Public-Private Partnerships; providing a comprehensive volume of information for those responsible for understanding, critiquing and advancing this model. With sections devoted to legal aspects, institutional economics perspectives, finance and accountability - the editors draw together an impressive range of international contributors.

Public Private Partnerships

Public Private Partnerships
Author: Akintola Akintoye,Matthias Beck,Cliff Hardcastle
Publsiher: John Wiley & Sons
Total Pages: 448
Release: 2008-04-15
ISBN: 0470680431
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Public Private Partnerships Book Excerpt:

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 in Russia

Public Private Partnerships in Russia
Author: Oleg V. Ivanov,Agnessa O. Inshakova
Publsiher: Springer Nature
Total Pages: 312
Release: 2020-11-11
ISBN: 3030563529
Category: Law
Language: EN, FR, DE, ES & NL

Public Private Partnerships in Russia Book Excerpt:

This volume presents the history and current state of the public-private partnership (PPP) sector in Russia. It analyzes the legal and institutional framework of PPPs as well as approaches and best practices for public administrations at federal and regional level to promote PPPs. Special attention is given to the management of PPP projects in different phases of their life cycle and to the legal and financial structuring of PPP projects. In addition, the contributions highlight best PPP practices in various sectors - from transport infrastructure to information technology - and also discuss international aspects of PPP. The volume is aimed at scholars in economics and public administration as well as public decision-makers interested in modern trends in the Russian economy and the development of successful business development.

Public Private Partnerships Infrastructure Transportation and Local Services

Public Private Partnerships  Infrastructure  Transportation and Local Services
Author: Germà Bel,Trevor Brown,Rui Cunha Marques
Publsiher: Routledge
Total Pages: 176
Release: 2016-04-14
ISBN: 1317574370
Category: Political Science
Language: EN, FR, DE, ES & NL

Public Private Partnerships Infrastructure Transportation and Local Services Book Excerpt:

Public–private partnerships (PPPs) are arrangements between government and private actors with the objective of providing public infrastructure, facilities and services. Three fundamental questions frame the use of PPPs at the local level: What do PPPs look like? What gives rise to the use of PPPs? And, what are the outcomes of PPPs? The articles in this book provide insightful answers to these questions. In addition, the contributions in the book identify lines of research that invite further investigation, namely: problems related to the degree of risk transfer; the challenges posed by renegotiation; and evaluation of PPPs’ results. The content of this book will be of interest for scholars, policy analysts, and policy makers. This book was published as a special issue of Local Government Studies.

Public Private Partnerships

Public Private Partnerships
Author: Sara Valaguzza,Eduardo Parisi
Publsiher: Edward Elgar Publishing
Total Pages: 256
Release: 2020-01-07
ISBN: 9781789903720
Category: Electronic Book
Language: EN, FR, DE, ES & NL

Public Private Partnerships Book Excerpt:

This insightful book critically examines the phenomenon of public private partnerships (PPPs) through a global, theoretical, lens. It considers the reasons for merging private entities and public administration, as well as the processes and consequences of doing so. The benefits for the community as well as the radical changes in the principles and modalities of administrative activity are theorized and discussed. The authors position co-responsibility and a bottom-up approach as new routes of administrative action, showing how the dynamism and energy of both communities and administrations can come together in an effective way. The key concept of the analysis is 'governing common interests'. It reveals a revolutionary change in the traditional approach to 'public interest', as a result of the emerging role of the private sector in interpreting and taking care of the community's need. Chapters provide systematic analysis of the central ideas for governing common interests through PPPs, with reference to cases and legislation, showing the advantages, the reasons and the forms of application in national and international contexts, and the differentiation from similar models.Setting PPPs in a clear and consistent theoretical framework, this informative book will be of value to academics and students of public administrative and constitutional law, whilst also appealing to both policy makers and public officials.