An Analysis of Transitional Public-Private Partnerships Model in China PDF Download
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Author: Chen-Yu Chang
Publisher:
ISBN:
Category :
Languages : en
Pages : 34
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Book Description
Since 2013, the Chinese government has attempted to make a transition from user-pay PPP to government-pay PPP systems with the aim of facilitating infrastructure investment and government transformation. Whilst the application of government-pay PPP systems can considerably expand the areas where PPPs are suitable, the lengthy procurement time experienced in the implementation of similar systems (e.g., Private Finance Initiative (PFI)) presents a tough challenge to Chinese procuring authorities who are under increasing pressure to get the earmarked PPP projects off the ground swiftly to stem the downward pressure in the economy. The first PFI-ish project in China, the Anqing Urban Road PPP project, has been successfully tendered in May 2015 with an impressive record on procurement time. Through the scrutiny of this project, it is found that speedy procurement is achieved by leaving some of the major risks ill-defined and vaguely allocated in the tender document. However, this apparent high risk exposure did not deter investors. This research maintains that the greater risk tolerance revealed among SOE-led investors should be attributed to the power structure embedded in China's administrative system. Whilst leveraging this mechanism can reduce transaction costs, it could hold back the participation of private investors in future Chinese PPP projects.
Author: Chen-Yu Chang
Publisher:
ISBN:
Category :
Languages : en
Pages : 34
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Book Description
Since 2013, the Chinese government has attempted to make a transition from user-pay PPP to government-pay PPP systems with the aim of facilitating infrastructure investment and government transformation. Whilst the application of government-pay PPP systems can considerably expand the areas where PPPs are suitable, the lengthy procurement time experienced in the implementation of similar systems (e.g., Private Finance Initiative (PFI)) presents a tough challenge to Chinese procuring authorities who are under increasing pressure to get the earmarked PPP projects off the ground swiftly to stem the downward pressure in the economy. The first PFI-ish project in China, the Anqing Urban Road PPP project, has been successfully tendered in May 2015 with an impressive record on procurement time. Through the scrutiny of this project, it is found that speedy procurement is achieved by leaving some of the major risks ill-defined and vaguely allocated in the tender document. However, this apparent high risk exposure did not deter investors. This research maintains that the greater risk tolerance revealed among SOE-led investors should be attributed to the power structure embedded in China's administrative system. Whilst leveraging this mechanism can reduce transaction costs, it could hold back the participation of private investors in future Chinese PPP projects.
Author: Nada Kakabadse
Publisher: Cambridge Scholars Publishing
ISBN: 1443873829
Category : Social Science
Languages : en
Pages : 276
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Book Description
This collection examines public-private partnerships (PPPs) in transitional nations from the governance perspective. It explores the structures, legal frameworks and collaborative arrangements that underpin partnerships in Europe, Asia and Africa, and highlights government decisions that facilitate the transformation of societal challenges into developmental opportunities. By sharing the experience of nine nations, including China, Indonesia, Russia and Nigeria, it helps to better understand the commonalities in PPP deployment, avoid mistakes and pitfalls, and learn from other economies. The book raises the critical questions that concern many governments, including: What are the common and frequent mistakes that governments make when they deploy partnerships and deal with governance issues? How can countries increase PPPs’ benefits? Can PPPs be instrumental in accomplishing certain less traditional government tasks, such as disaster risk management of built infrastructure and promotion of clean energy? Can PPPs serve as a backbone of entrepreneurial networks and contribute to sustainable development? The groundwork is laid out for contrasting and comparing successful and unsuccessful government actions, institutional, legal and financing initiatives and procedures, allowing one to make cross-country and cross-sectoral comparisons. Policy-makers, consultants, managers and others working in the PPP field will find this volume useful, as well as academics, as they can learn from the international comparisons and the experience of others.
Author: Tianyi Wang
Publisher: Springer Nature
ISBN: 9811557241
Category : Business & Economics
Languages : en
Pages : 257
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Book Description
This book gathers invited top experts on Public-Private partnership (PPP) in China, from both theoretical and practical fields, to present the most comprehensive analyses of PPP’s practice in China up to 2017. This timely book offers researchers and practitioners a thorough understanding of the PPP’s development in China, including its definition, its modes, its features as well as its many kinds of applications into different industries including medical care, environmental protection, education, public works, park development, etc. It addresses diverse themes in PPP analyses such as quantitative analyses and qualitative analyses; data statistics and case study, theoretical framework modeling and field study verification. The book is an overview of the Chinese PPP development through 2017.
Author: Paolo Urio
Publisher: University Press of America
ISBN: 0761850716
Category : Political Science
Languages : en
Pages : 383
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Book Description
Public-Private Partnerships aims to discover the conditions under which public private partnerships may provide a viable alternative to the provision of public services and infrastructures by the state, while achieving efficient, sustainable, peaceful, and equitable development in four transition countries: China, Poland, Russia, and Ukraine. These countries have experienced command economy under communist rule for at least thirty years. They have only recently introduced market mechanisms. In spite of a huge literature in favor of public private partnerships in the west, scientific empirical evidence is generally mixed and balanced. Success or failure depends upon many factors that need to be identified and analyzed. Moreover, economic performance may be achieved at the expense of other criteria such as equity, public scrutiny, and accountability. This research (a cooperation between the University of Geneva and the United Nations) is the first attempt to evaluate public private partnerships based upon a review of the literature in Europe, documentary analysis, and in-depth interviews in the four countries with representatives of the public and private sectors, as well civil society organizations.
Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292546112
Category : Business & Economics
Languages : en
Pages : 166
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Book Description
This report summarizes the proceedings of the Public-Private Partnerships (PPP) in Urbanization workshop held in Beijing on 22-23 August 2013. Some 200 participants from the central government, 35 local governments, financiers, private service providers, academic and research institutions, and development partners joined the workshop to share their knowledge and good practice approaches to PPPs in the People's Republic of China and other countries.
Author: Jun Wang
Publisher:
ISBN:
Category :
Languages : en
Pages : 78
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Book Description
Author: Xian Zhang
Publisher:
ISBN: 9781361310526
Category :
Languages : en
Pages :
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Book Description
This dissertation, "Explaining Public-private Partnerships in China: Case Study of Primary Land Development in Beijing" by 张弦, Xian, Zhang, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. Abstract: Public-private partnership (PPP) has been an important issue in recent decades. PPP is seen by some as a cure for inefficient and over-burdensome modern government. Yet, by observing practices in China, this research aims to answer the simple questions: why has there been a decline in PPPs? How does government decide whether or not to establish partnership with private enterprises? By investigating the case of Primary Land Development (PLD) in China especially in Beijing, this research has attempted to provide explanations mainly in relation to coordination effectiveness involving a resource interdependence theory. Logic of institutionalism is followed. External environment, key institutions and attributes of PLD field are also carefully examined to further explain the change of resources and coordination effectiveness. This research conducts longitudinal comparison of cases within one case city: Beijing. The focal level is Beijing municipal level. Three time horizons are examined, which are 2002-2004, 2005-2008, and 2009-2010. The First-hand data in this study have two main sources: in-depth interviews with key policy participants and archives acquired through fieldwork. Secondary data including statistical yearbooks, laws and policies, news, and research carried out by previous students are also employed by the research. This research examines the changes of external political and economic environment in each time horizon. It compares the coordination effectiveness between PLD policy-makers and PLD implementers and between PLD implementers and other stakeholders in PLD process within each time period. Through examining the three stages of PLD in Beijing, this research develops the following findings. First, fiscal decentralization and cadre management are two important elements shaping the incentives of policy-makers in China. Second, coordination effectiveness in two dimensions influence policy-makers in decisions related to PPP. Third, the degree and the extent of resource interdependence influences whether coordinator can employ the most suitable and effective mechanisms to coordinate. Fourth, changes to the external economic and political environment will change the incentives and policy choices of policy-makers, and also change the resources held by different actors. Fifth, coordination matters. When traditional mechanisms such as hierarchy and the market do not work well in many cases, the ability to employ new coordination mechanisms such as networks is particularly important in achieving the desired goals of coordinators. Finally, in countries like China which is dominated by political logic, the more politically significant a field is, the less likely it is that PPPs will exist. DOI: 10.5353/th_b4784936 Subjects: Public-private sector cooperation - China - Beijing Land use, Urban - China - Beijing
Author: Hui Li
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: João Leitão
Publisher: Emerald Group Publishing
ISBN: 1787144941
Category : Business & Economics
Languages : en
Pages : 663
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Book Description
This Handbook aims to support policy-makers, national governments, national and regional public administrations, PPP officers, practitioners and academia in the design, implementation and assessment of appropriate responses to foster PPPs' uptake in the context of developing and emerging economies.
Author: Erik Hans Klijn
Publisher: Routledge
ISBN: 1134586973
Category : Business & Economics
Languages : en
Pages : 374
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Book Description
Governance Networks in the Public Sector presents a comprehensive study of governance networks and the management of complexities in network settings. Public, private and non-profit organizations are increasingly faced with complex, wicked problems when making decisions, developing policies or delivering services in the public sector. These activities take place in networks of interdependent actors guided by diverging and sometimes conflicting perceptions and strategies. As a result these networks are dominated by cognitive, strategic and institutional complexities. Dealing with these complexities requires sophisticated forms of coordination: network governance. This book presents the most recent theoretical and empirical insights into governance networks. It provides a conceptual framework and analytical tools to study the complexities involved in handling wicked problems in governance networks in the public sector. The book also discusses strategies and management recommendations for governments, business and third sector organisations operating in and governing networks. Governance Networks in the Public Sector is an essential text for advanced students of public management, public administration, public policy and political science, and for public managers and policymakers.
