Public Private Partnership And Economic Efficiency PDF Download
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| Author | : João Leitão |
| Publisher | : Emerald Group Publishing |
| Total Pages | : 663 |
| Release | : 2017-12-07 |
| Genre | : Business & Economics |
| ISBN | : 1787144941 |
Download The Emerald Handbook of Public-Private Partnerships in Developing and Emerging Economies Book in PDF, ePub and Kindle
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 | : Eduardo Engel |
| Publisher | : Cambridge University Press |
| Total Pages | : 193 |
| Release | : 2014-09-15 |
| Genre | : Business & Economics |
| ISBN | : 1107035910 |
Download The Economics of Public-Private Partnerships Book in PDF, ePub and Kindle
The authors provide a summary of the main lessons learned from the past twenty-five years regarding public-private partnerships.
| Author | : Manal Fouad |
| Publisher | : International Monetary Fund |
| Total Pages | : 61 |
| Release | : 2021-05-10 |
| Genre | : Business & Economics |
| ISBN | : 1513576569 |
Download Mastering the Risky Business of Public-Private Partnerships in Infrastructure Book in PDF, ePub and Kindle
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.
| Author | : Sangkyun Park |
| Publisher | : |
| Total Pages | : 24 |
| Release | : 2018 |
| Genre | : |
| ISBN | : |
Download A Critical Look at Public Private Partnership Book in PDF, ePub and Kindle
Potentially, public-private partnership (PPP) can significantly improve economic efficiency by combining the strengths of the public sector and the private sector. On the other hand, poorly designed PPPs may allow private partners to make excessive profits without making meaningful contributions. This paper takes a systematic approach to analyze the PPP structures of federal credit and insurance programs and to evaluate claims made by advocates of infrastructure PPPs. It decomposes the implementation process of a program or a project by functions, analyzes the relative strengths of the public sector and the private sector in each function, and ascertains whether the PPP assigns each function to the right sector with proper incentives to materialize its strength. Many PPPs are poorly designed. In many cases, some functions are assigned to the sector with the relative weakness. In particular, it can rarely be justified to assign the financing function to the private sector. Even when a PPP correctly assigns some functions to the private partner, it oftentimes fails to incentivize the private partner to materialize its strength. Advocates of infrastructure PPPs cite efficiency gains from bundling and risk transfer to the private sector as justifications for transferring the financing function to private partners. Their claims are mostly rhetoric lacking a systematic analysis. In most cases, PPP seems to be a costly way to bypass budget constraints.
| Author | : Stéphane Saussier |
| Publisher | : Springer |
| Total Pages | : 241 |
| Release | : 2018-01-03 |
| Genre | : Business & Economics |
| ISBN | : 3319680501 |
Download The Economics of Public-Private Partnerships Book in PDF, ePub and Kindle
This book investigates the economic decisions behind the implementation of public-private partnerships (PPPs). The first part of the book discusses different forms of public procurement contracts, in particular in France and the UK, and provides an economic analysis of the potential advantages and pitfalls of public-private partnerships. This exploration of PPPs’ efficiency also includes an examination of the financing conditions of public procurements, as well as regulatory requirements. By reviewing empirical studies on PPPs, the second part of the book compares their advantages over purely public solutions and offers practical guidance on their implementation. Practitioners will also learn best practices on how to involve stakeholders in calls for bids.
| Author | : Albert N. Link |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 157 |
| Release | : 2006-01-04 |
| Genre | : Business & Economics |
| ISBN | : 038729774X |
Download Public/Private Partnerships Book in PDF, ePub and Kindle
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.
| Author | : Graeme A. Hodge |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 304 |
| Release | : 2019 |
| Genre | : BUSINESS & ECONOMICS |
| ISBN | : 1784716693 |
Download The Logic of Public–Private Partnerships Book in PDF, ePub and Kindle
This book examines Public–Private Partnerships (PPP), and tracks the movement from early technical optimism to the reality of PPP as a phenomenon in the political economy. Today's economic turbulence sees many PPP assumptions changed: what contracts can achieve, who bears the real risks, where governments get advice and who invests. As the gap between infrastructure needs and available financing widens, governments and businesses both must seek new ways to make contemporary PPP approaches work.
| Author | : Sounman Hong |
| Publisher | : |
| Total Pages | : 30 |
| Release | : 2015 |
| Genre | : |
| ISBN | : |
Download Public-Private Partnership and Economic Efficiency Book in PDF, ePub and Kindle
This study examines whether a public-private partnership (PPP) arrangement improved operational cost efficiency in Korea's urban rail transit system. Overall, evidence suggests that private participation has not contributed to cost reduction in service operation. The study also explains how the absence of cost advantage in the private partnership may be associated with the two defining characteristics of a typical PPP: the bundling of different activities into a single contract and risk sharing between the public and private parties. I argue that, if negative externalities exist across the bundled activities, the risk sharing between the public and private parties may greatly weaken the concessionaire's incentive for cost management.
| Author | : Carlos Oliveira Cruz |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 189 |
| Release | : 2013-05-18 |
| Genre | : Law |
| ISBN | : 3642369103 |
Download Infrastructure Public-Private Partnerships Book in PDF, ePub and Kindle
Economic development and social welfare depend on the existence of effective and efficient infrastructure systems, particularly in health, energy, transportation and water, many of which are developed and managed through Public-Private Partnerships (PPPs). However, empirical evidence suggests some pitfalls in the use of these PPP arrangements. This book addresses these issues, focusing on mostly three key questions: How to improve the robustness of the decision-making process leading to the option of PPP? How to improve contract management as the longest phase of the process? How can contracts be improved to accommodate uncertainty and avoid harmful renegotiations? The authors explore the concept of flexible contracts, the uncertainty modeling for improving the robustness of the decision-making process, and develop an overall framework for effective contract management, along with a comprehensive analysis of current renegotiation patterns. The ultimate goal is to improve the contractual performance, as well as the overall infrastructure management and social welfare.
| Author | : Graeme A. Hodge |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 656 |
| Release | : 2010-11-30 |
| Genre | : Business & Economics |
| ISBN | : 1849804699 |
Download International Handbook on Public-Private Partnership Book in PDF, ePub and Kindle
Public Private Partnerships (PPPs) promise much and present an exciting policy option. Yet as this Handbook reveals there is still much debate about the meaning of partnership, and the degree to which potential advantages are in fact being delivered. In this timely Handbook, leading scholars from around the world explore the challenges presented by infrastructure PPPs, and contemplate what lies ahead as governments balance the need to provide innovative new infrastructure against the requirement for good public governance. This Handbook builds on a range of exciting theoretical lenses that span several disciplinary boundaries. It presents innovative insights and informed perspectives from an international base of empirical evidence. This essential Handbook will prove an invaluable reference work for academics, advanced post-graduate students and commentators of PPPs, as well as professionals, infrastructure regulators and government policy advisors.
