Mastering the Risky Business of Public-Private Partnerships in Infrastructure

Mastering the Risky Business of Public-Private Partnerships in Infrastructure PDF Author: Manal Fouad
Publisher: International Monetary Fund
ISBN: 1513576569
Category : Business & Economics
Languages : en
Pages : 61

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Book Description
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.

Mastering the Risky Business of Public-Private Partnerships in Infrastructure

Mastering the Risky Business of Public-Private Partnerships in Infrastructure PDF Author: Manal Fouad
Publisher: International Monetary Fund
ISBN: 1513576569
Category : Business & Economics
Languages : en
Pages : 61

Get Book Here

Book Description
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 Sector Decision Making for Public-private Partnerships

Public Sector Decision Making for Public-private Partnerships PDF Author: Jeffrey N. Buxbaum
Publisher: Transportation Research Board
ISBN: 0309098297
Category : Federal aid to transportation
Languages : en
Pages : 138

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Book Description
"TRB's National Cooperative Highway Research Program (NCHRP) Synthesis 391: Public Sector Decision Making for Public-Private Partnerships examines information designed to evaluate the benefits and risks associated with allowing the private sector to have a greater role in financing and developing highway infrastructure"--Publisher's description.

Ten Principles for Successful Public/private Partnerships

Ten Principles for Successful Public/private Partnerships PDF Author:
Publisher:
ISBN:
Category : Community development, Urban
Languages : en
Pages : 48

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Book Description


How to Engage with the Private Sector in Public-Private Partnerships in Emerging Markets

How to Engage with the Private Sector in Public-Private Partnerships in Emerging Markets PDF Author: Edward Farquharson
Publisher: World Bank Publications
ISBN: 0821385526
Category : Business & Economics
Languages : en
Pages : 200

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Book Description
The purpose of this guide is to enhance the chances of effective partnerships being developed between the public and the private-sector by addressing one of the main obstacles to effective PPP project delivery: having the right information on the right projects for the right partners at the right time.

Public-private Partnerships

Public-private Partnerships PDF Author: United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Highways and Transit
Publisher:
ISBN:
Category : Contracting out
Languages : en
Pages : 144

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Book Description


Public-private Partnerships

Public-private Partnerships PDF Author: Sidney M. Levy
Publisher: Amer Society of Civil Engineers
ISBN: 9780784410134
Category : Technology & Engineering
Languages : en
Pages : 403

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Book Description
Levy demystifies public-private partnerships as an innovative solution to the challenges of designing, financing, building, and operating major infrastructure projects.

Highway Public-Private Partnerships

Highway Public-Private Partnerships PDF Author: JayEtta Z. Hecker
Publisher: DIANE Publishing
ISBN: 143790856X
Category : Transportation
Languages : en
Pages : 17

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Book Description
The private sector is increasingly involved in financing and operating highway facilities under long-term concession agreements. In some cases, this involves new facilities; in other cases, firms operate and maintain an existing facility for a period of time in exchange for an up-front payment to the public sector and the right to collect tolls over the term of the agreement. In Feb. 2008 there was a report on: (1) the benefits, costs, and trade-offs of highway public-private partnerships (HPPP); (2) how public officials have identified and acted to protect the public interest in these arrangements; and (3) the fed. role in HPPP and potential changes in this role. This Congressional testimony on this report highlights a discussion of tax issues. Includes recomm.

Public-Private Partnerships, Capital Infrastructure Project Investments and Infrastructure Finance

Public-Private Partnerships, Capital Infrastructure Project Investments and Infrastructure Finance PDF Author: Jane Beckett-Camarata
Publisher: Emerald Group Publishing
ISBN: 1839096543
Category : Political Science
Languages : en
Pages : 276

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Book Description
Through the introduction of a new lens through which to view infrastructure finance policy, this book analyses the role of Public Private Partnerships within the context of long-term capital investment and improvement planning, and as a critical aspect of effective long-term capital infrastructure finance policy.

Handbook on Public Private Partnerships in Transportation, Vol II

Handbook on Public Private Partnerships in Transportation, Vol II PDF Author: Simon Hakim
Publisher: Springer Nature
ISBN: 3031046285
Category : Law
Languages : en
Pages : 328

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Book Description
​Second in a two-volume set, this book discusses the role of public-private partnerships (PPPs) in global transportation infrastructure, specifically focusing on roads, bridges, and parking. To provide vital services in an era of shrinking government budgets, public-private partnerships have become an increasingly important part of travel infrastructure worldwide. This book describes and analyses the structure of various models of PPPs in several countries, evaluating their effectiveness, and drawing policy implications for future use. The chapters were written by leading international researchers and practitioners in the transportation field where each chapter is a case study on the adoption, implementation, and outcome of transportation services. Taken together, these diverse case studies provide an integrated framework for evaluating, using PPPs, and suggesting policy implications to both the public and the private sectors in transportation. Providing rigorous empirical analysis of PPPs in transportation, this volume will be of interest to researchers in public administration, political science, public choice, and economics as well as practitioners and policymakers involved in establishing and monitoring PPPs in transportation.

Public-Private Partnerships

Public-Private Partnerships PDF 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.