Mastering the Risky Business of Public-Private Partnerships in Infrastructure

Mastering the Risky Business of Public-Private Partnerships in Infrastructure
Title Mastering the Risky Business of Public-Private Partnerships in Infrastructure PDF eBook
Author Manal Fouad
Publisher International Monetary Fund
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.

Public-Private Partnerships

Public-Private Partnerships
Title Public-Private Partnerships PDF eBook
Author E. R. Yescombe
Publisher Elsevier
Pages 357
Release 2011-04-01
Genre Business & Economics
ISBN 0080489575

Download Public-Private Partnerships Book in PDF, Epub and Kindle

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

Public Private Partnerships
Title Public Private Partnerships PDF eBook
Author Veronica Vecchi
Publisher Springer Nature
Pages 167
Release 2021-03-17
Genre Political Science
ISBN 3030654354

Download Public Private Partnerships Book in PDF, Epub and Kindle

By merging public and private tangible and intangible capitals, Public Private Partnerships contracts (PPP) are fundamental to generate public value and to support economic and social development; in the aftermath of Covid-19 pandemic, they prove critical to pave the way for the recovery. This book is intended to support the co-evolution of the main public and private players involved in PPP contracts for infrastructure and service delivery, by providing principles, based on the academic and professional experience of the authors, that can be applied across sectors and jurisdictions. Drawing on the framework of public-private collaborations at macro, meso and micro level, this book provides a practical perspective on the most relevant legal, financial and contractual issues of PPP contracts for infrastructure and service delivery.

Public-Private Partnerships In Pursuit of Risk Sharing and Value for Money

Public-Private Partnerships In Pursuit of Risk Sharing and Value for Money
Title Public-Private Partnerships In Pursuit of Risk Sharing and Value for Money PDF eBook
Author OECD
Publisher OECD Publishing
Pages 145
Release 2008-05-21
Genre
ISBN 9264046739

Download Public-Private Partnerships In Pursuit of Risk Sharing and Value for Money Book in PDF, Epub and Kindle

This book highlights good practices and summarises what countries should consider before entering into public-private partnerships (PPPs).

Economic Analysis and Infrastructure Investment

Economic Analysis and Infrastructure Investment
Title Economic Analysis and Infrastructure Investment PDF eBook
Author Edward L. Glaeser
Publisher University of Chicago Press
Pages 479
Release 2021-11-11
Genre Business & Economics
ISBN 022680058X

Download Economic Analysis and Infrastructure Investment Book in PDF, Epub and Kindle

"Policy-makers often call for expanding public spending on infrastructure, which includes a broad range of investments from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to near-term macro-economic benefits and job creation, others focus on long-term effects on productivity and economic growth. This volume explores the links between infrastructure spending and economic outcomes, as well as key economic issues in the funding and management of infrastructure projects. It draws together research studies that describe the short-run stimulus effects of infrastructure spending, develop new estimates of the stock of U.S. infrastructure capital, and explore the incentive aspects of public-private partnerships (PPPs). A salient issue is the treatment of risk in evaluating publicly-funded infrastructure projects and in connection with PPPs. The goal of the volume is to provide a reference for researchers seeking to expand research on infrastructure issues, and for policy-makers tasked with determining the appropriate level of infrastructure spending"--

The Role and Impact of Public-private Partnerships in Education

The Role and Impact of Public-private Partnerships in Education
Title The Role and Impact of Public-private Partnerships in Education PDF eBook
Author Harry Anthony Patrinos
Publisher World Bank Publications
Pages 116
Release 2009-01-01
Genre Education
ISBN 0821379038

Download The Role and Impact of Public-private Partnerships in Education Book in PDF, Epub and Kindle

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 for Infrastructure and Business Development

Public Private Partnerships for Infrastructure and Business Development
Title Public Private Partnerships for Infrastructure and Business Development PDF eBook
Author Stefano Caselli
Publisher Palgrave Macmillan
Pages 0
Release 2015-09-10
Genre Business & Economics
ISBN 9781137487827

Download Public Private Partnerships for Infrastructure and Business Development Book in PDF, Epub and Kindle

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.