Download or read book Developing Public Private Partnership Initiatives in the Middle East and North Africa written by Rabah Arezki and published by . This book was released on 2019 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper argues for a novel approach to financing infrastructure needs in Arab countries. It first describes the context of rising public debt in the region, contrasting it with the vast infrastructure needs. It then discusses the challenges in meeting these needs with traditional financing. The paper then makes the case for maximizing finance for development, by using public-private partnerships, and presents a few successful examples in Arab countries. Finally, the paper explores the way forward and concludes on the need for strong state capacity and integrity to promote the maximizing finance for development approach.
Download or read book Developing Public private Partnership Initiatives in Teh Middle East and North Africa written by Rabah Arezki and published by . This book was released on 2019 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper argues for a novel approach to financing infrastructure needs in Arab countries. It first describes the context of rising public debt in the region, contrasting it with the vast infrastructure needs. It then discusses the challenges in meeting these needs with traditional financing. The paper then makes the case for maximizing finance for development, by using public-private partnerships, and presents a few successful examples in Arab countries. Finally, the paper explores the way forward and concludes on the need for strong state capacity and integrity to promote the maximizing finance for development approach.
Download or read book Partners for Development written by Samiha Fawzy and published by World Bank Publications. This book was released on 1999-01-01 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: ¿¿the world is changing and so should the region. After decades of state domination of economic activity, many governments around the world are relying increasingly on the private sector to foster economic growth.¿ There is a growing consensus that the time has come for governments and private sector leaders of the Middle East and North Africa to forge a new partnership for development. However, the question is: what kind of partnership should the two parties seek in order to ensure sustainable economic development? This volume attempts to address this question. To make the investigation tractable, the papers deal with four key facets of the government-private sector interface: the business environment, privatization, infrastructure, and two activities that induce transaction costs, tax administration and government procurement. The volume derives its content from papers on the theme of public-private partnerships discussed at the second Mediterranean Development Forum (MDF2) held in Marrackech, Morocco on September 3-6, 1998. The papers presented here are intended to contribute to the ongoing debate on the development opportunities and challenges facing the countries in the Middle East and North Africa.
Download or read book Public Private Partnership Contracts written by Mohamed AM Ismail and published by Routledge. This book was released on 2020-03-18 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive overview of the law surrounding PPPs in the Middle East and North African region. The significance of liberalised and integrated Public Private Partnership Contracts as an essential component of the world legal and policy order is well documented. The regulation of PPPs is justified economically to allow for competition in the relevant public service and to achieve price transparency, thus resulting in significant savings for the public sector. In parallel to the economic justifications, legal imperatives have also called for the regulation of PPPs in order to allow free movement of goods and services and to prohibit discrimination on grounds of nationality. The need for competitiveness and transparency in delivering public services through PPPs is considered a safeguard to achieve international standards in delivering public utility services. First, it assesses the compatibility of the current PPPs legislation and regulation in the MENA region with the international standards of legislation and regulation prevalent in many other countries, including the UK, France and Brazil. Secondly, it compares the practices in the MENA region with those of international bodies such as the OECD and World Bank. Comparisons are then made between the MENA countries and those in Europe and Asia with regard to the influence of culture, policy and legal globalization. The book will be of interest to scholars and students in the field of international contract law, public law and state contracts, finance law and private law.
Download or read book Public Private Partnerships in Middle East Development written by Alexandra De Vito McRp and published by Time Books. This book was released on 2011-01-01 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past sixty years, the field of international development has come full circle, returning to priorities that value people over gross domestic product. Principles for successful development, such as institution building, managed competition to reduce corruption, human organization, the design of solutions to fit problems and social, political and economic stability, have also emerged throughout the international development literature. Building on this foundation, this book proposes the use of public-private partnerships as a tool for implementing development practice in the Middle East and analyzes the challenges that stand in the way of effective partnerships between governments and civil society.
Download or read book Public Private Partnerships for Urban Water Utilities written by Philippe Marin and published by World Bank Publications. This book was released on 2009-09-22 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Public-Private Partnerships for Urban Water Utilities: A Review of Experiences in Developing Countries' analyzes the market growth of Public-Private Partnerships (PPPs) in the developing world since 1990, and the performance of more than 65 large water PPP projects representing more than 100 million people for access, service quality, operational efficiency, and tariff levels. Although a relatively small portion of the water utilities in the developing world are operated under PPPs (about 7 percent in 2007), the urban population served by private water operators has grown every year since 1990. Despite many difficulties encountered by PPP projects and a few contract terminations, a large majority of contracts awarded since 1990 are still in place. The track record for improving service and efficiency reaffirms the value of PPPs to help turn around poorly performing water utilities, even though the level of private financing did not match initial expectations. Over time, a more realistic market has developed, the number of private investors from developing countries has grown, and contract designs have become more pragmatic concerning risk allocations between partners. The water sector has many features that set it apart from other infrastructure sectors. This book suggests the need for careful consideration of those specificities to successfully involve private operators. Although concessions with private financing have worked in a few places, contractual arrangements that combine private operation with public financing appear to be the most sustainable option in many countries. Policy makers, stakeholders, and donors need to remain heavily engaged in the water sector, especially in the poorest countries and during a global financial crisis. This book contributes to a better understanding of the various options to tackle the many challenges of providing water and sanitation services to urban populations in the developing world.
Download or read book The Emerald Handbook of Public Private Partnerships in Developing and Emerging Economies written by João Leitão and published by Emerald Group Publishing. This book was released on 2017-12-07 with total page 663 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Partners for Development New Roles for Government and Private Sector in the Middle East and North Africa written by Samiha Fawzy and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Handbook on Public Private Partnerships in International Infrastructure Development written by Stewart R Clegg and published by . This book was released on 2024-10-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook systematically compares public-private partnerships (PPPs) from across the globe to examine factors that have contributed to their success or failure. The editors have brought together an international range of experts to produce richly detailed accounts of the various ways in which PPPs are conducted. The Handbook on Public-Private Partnerships in International Infrastructure Development addresses the crucial question: what makes an infrastructure project more or less successful when it is delivered by a public-private partnership? Providing thorough empirical analysis and following a methodological structure which aids reader understanding, chapters are divided into useful geographical sections including: the Anglophone world, Europe, Asia, and the Middle East and North Africa. This Handbook arrives at an important juncture, given the major infrastructure projects that will be necessary to achieve the 17 UN Sustainable Development Goals. Authoritative and invaluable, the Handbook is vital for researchers focusing on infrastructure, strategy and project management. Practitioners will also benefit from the case studies featured in this book.
Download or read book Public Private Partnership for Sub Saharan Africa written by Hanna Kociemska and published by Springer. This book was released on 2019-03-15 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph highlights the benefits of public-private partnerships (PPP) for Sub-Saharan Africa. By studying the intertwinement of mainstream and Islamic finance, the author shows how PPPs have emerged as a viable and efficient organizational vehicle for fair rules of economic cooperation where the trade-offs between profit maximization and social justice values required by Islamic finance occur within the organization. The book shows the assumptions under which such compromise is beneficial to all parties, including public entities, multicultural societies and private Islamic and conventional investors. It places particular emphasis on changing the principle of allocating public resources in the uncertain legal and economic environment of the region discussed. Given the cultural idiosyncrasies, political instability, and socio-economic turmoil but high development potential in Sub-Saharan Africa, PPPs with a heterodox approach may prove to be a game-changer in the region and a platform to find a compromise between the interests of various types of investors.
Download or read book Partners for Development written by and published by . This book was released on 1999 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Private Sector Development in the Middle East and North Africa Making Reforms Succeed Moving Forward with the MENA Investment Policy Agenda written by OECD and published by OECD Publishing. This book was released on 2008-07-29 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: Highlights key outcomes of the work of the MENA-OECD Investment Programme from 2005-2007, including reforms achieved to date in investment policies and promotion, corporate governance, financial-sector development, and tax policies.
Download or read book Public private Partnerships Policy and Practice written by H. K. Yong and published by Commonwealth Secretariat. This book was released on 2010 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public-Private Partnerships Policy and Practice is a comprehensive reference guide on PPP theory and practice for senior policy-makers and other public sector officials in developing countries. The guide focuses on the key lessons learned - and emerging best practice - from successful and failed PPP transactions over the past thirty years. The guide avoids jargon and explains relevant concepts in non-specialist language. Key points are summarised at the beginning of each section and provide an overall high-level outline. References are provided throughout and at the end of each section to allow the reader to access further information on specific issues.
Download or read book Public Private Partnerships As Catalyst for Infrastructure Development in North Africa written by Amir Ullah and published by . This book was released on 2019 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: North Africa (NA) comprises of eight countries that includes Western Sahara, Morocco, Algeria, Tunisia, Libya, Egypt, Sudan and South Sudan. Though, it is an economically prosperous area generating one-third of Africa's total GDP, the continuous violence makes the region disturbed. The continent's conflicts are tightly clustered along an arc stretching from northern Mali through southern Algeria and Libya into Egypt, extending into the Sinai Peninsula. The violence has been moving away from armed conflicts to higher levels of riots, protests and social violence, such as homicide and violence associated with organised crime. The people are demanding political reforms of voice, accountability and governance. Moreover, the vast deficit of infrastructure is a constraint on its growth. There is a need for adequate infrastructure to secure energy, efficient transport, reliable communication systems, resilient sanitation, and affordable housing. Public Private Partnerships (PPP) are an important tool for developing infrastructure and fostering economic development. They are used with infrastructures like roads, airports, ports, power, water, and solid waste treatment and typically involve investment and operation and maintenance. It can provide more efficient procurement, focus on consumer satisfaction and life cycle maintenance, and provide new sources of investment. Despite violence, many PPP projects have been undertaken by North African countries in different sectors. This paper makes a review of PPP policies and various projects undertaken by countries of North Africa in infrastructure development.
Download or read book Current Debates on Infrastructure Policy written by Antonio Estache and published by World Bank Publications. This book was released on 2009 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides an overview of the major current debates on infrastructure policy. It reviews the evidence on the macroeconomic significance of the sector in terms of growth and poverty alleviation. It also discusses the major institutional debates, including the relative comparative advantage of the public and the private sector in the various stages of infrastructure service delivery as well as the main options for changes in the role of government (i.e. regulation and decentralization).
Download or read book Mastering the Risky Business of Public Private Partnerships in Infrastructure written by Manal Fouad and published by International Monetary Fund. This book was released on 2021-05-10 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Governance and Private Investment in the Middle East and North Africa written by Ahmet Faruk Aysan and published by World Bank Publications. This book was released on 2006 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper addresses the issue of the low level of private investment in the Middle East and North Africa (MENA) region, with special emphasis on the role of governance. Based on the existing literature, the authors categorize what types of governance institutions are more detrimental to entrepreneurial investments. They then estimate a simultaneous model of private investment and governance quality where economic policies concurrently explain both variables. The empirical results show that governance plays a significant role in private investment decisions. This result is particularly true in the case of "administrative quality" in the form of control of corruption, bureaucratic quality, investment-friendly profile of administration, and law and order, as well as for "political stability." Evidence in favor of "public accountability" seems, however, less robust. The estimations also stress that structural reforms-such as financial development and trade openness-and human development affect private investment decisions directly, and/or through their positive impact on governance. These findings bring new empirical evidence on the subject of private investment in the developing world and in MENA countries in particular. "--World Bank web site.
