Download or read book Public Private Partnerships written by E. R. Yescombe and published by Elsevier. This book was released on 2011-04-01 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

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 Public Private Partnerships in Transport written by Athena Roumboutsos and published by Routledge. This book was released on 2015-07-28 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last thirty years Public Private Partnerships (PPPs) have been used to deliver transport capital projects and services. PPPs are complex arrangements that require a multi-disciplinary approach in order to assure their success, though research on the subject has been fragmented. This book fills the gap in existing literature by providing insight into these complex arrangements at their various stages of development. Public Private Partnerships in Transport: trends and theory is structured to follow the life-cycle of a PPP project and strikes a balance between theory and practice. Divided into four parts, each section highlights major concerns and offers and array of views and policy recommendations. Parts include context for national implementation, decision models, performance measures and efficiency standards. This book includes an expanded discussion on the findings presented, discussed and analysed at the closing event of the COST Action TU1001 network on the topic of PPPs in transport. The result will be of significant interest to the academic community, policy makers and practitioners.

Download or read book Exploring the Networks of Organizations that Enable and Govern Infrastructure Public private Partnerships written by Stephan Francois Jooste and published by Stanford University. This book was released on 2010 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: The use of Public Private Partnerships (PPPs) for infrastructure development has received significant scholarly attention of late. Much of this attention emanates from a recognition of the challenges inherent in this move towards greater private participation in infrastructure delivery. Scholars agree that PPPs require new types of public sector capacity from governments in order to address these challenges. Unfortunately the locus and structure of this new capacity remain poorly understood. In this dissertation I propose that the need for this "PPP enabling capacity" has not been addressed by a reformation of public agents alone. Rather, a network of new "enabling organizations" (public, private and non-profit) has emerged in response to the emergent need for new capacity. Adopting the concept of "organization field" from institutional theory, I define this network of organizations as the "PPP-enabling field." I employ a qualitative case-based methodology to investigate the novel concept of the "PPP-enabling field" by looking at three leading cases of PPP-enabling fields: the Canadian province of British Columbia, the Australian state of Victoria, and South Africa. My analysis consists of three main parts. First, I examine these three fields in some detail. I identify differences in various field attributes, including the salient organizational actors, specific roles and responsibilities, dominant institutional logics (cognitive frames and ways of thinking) in the field, and the governance arrangements that guide action in the fields. Next, I turn to historical accounts of field formation in each of the three cases in an attempt to explain the reasons for the observed differences. Finally, I consider the impacts of these field differences on the overall "success" of PPP enablement in a region. To do this, I identify various measures of PPP program "success" and theorize about the linkages between PPP-enabling field characteristics and PPP program outcomes. This dissertation contributes to a more complete understanding of PPP-enablement by delineating, in some detail, contemporary forms of PPP-enabling fields. In this way I move beyond the normative approach that characterizes so much of the current literature on PPPs, to show how and why PPP-enabling fields emerge quite differently in different countries, and to propose functional and outcome implications of the field differences.

Download or read book Public Private Partnerships for Infrastructure Development written by Raymond E. Levitt and published by Edward Elgar Publishing. This book was released on 2019 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Large infrastructure projects often face significant cost overruns and stakeholder fragmentation. Public-Private Partnerships (PPPs) allow governments to procure long-term infrastructure services from private providers, rather than developing, financing, and managing infrastructure assets themselves. Aligning public and private interests and institutional logics for decades-long service contracts subject to shifting economic and political contexts creates significant governance challenges. We integrate multiple theoretical perspectives with empirical evidence to examine how experiences from more mature PPP jurisdictions can help improve PPP governance approaches worldwide.

Download or read book Public Private Partnerships Capital Infrastructure Project Investments and Infrastructure Finance written by Jane Beckett-Camarata and published by Emerald Group Publishing. This book was released on 2020-10-20 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Rethinking Public Private Partnerships written by Carsten Greve and published by Routledge. This book was released on 2013-05-07 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis hit the world in a remarkable way in late 2008. Many governments and private sector organizations, who had considered Public-Private Partnerships (PPPs) to be their future, were forced to rethink their strategy in the wake of the crisis, as a lot of the available private funding upon which PPPs relied, was suddenly no longer available to the same extent. At the same time, governments and international organizations, like the European Union, were striving to make closer partnerships between the public sector and the private sector economy a hallmark for future policy initiatives. This book examines PPPs in the context of turbulent times following the global financial crisis (GFC). PPPs can come in many forms, and the book sets out to distinguish between the many alternative views of partnerships; a project, a policy, a symbol of the role of the private sector in a mixed economy, or a governance tool - all within a particular cultural and historical context. This book is about rethinking PPPs in the wake of the financial crisis and aims to give a clearer picture of the kind of conceptual frameworks that researchers might employ to now study PPPs. The crisis took much of the glamour out of PPPs, but theoretical advances have been made by researchers in a number of areas and this book examines selected new research approaches to the study of PPPs.

Download or read book Public Private Partnerships written by G Ramesh and published by Routledge. This book was released on 2014-04-03 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: The collection of papers brings out the complexities in PPP in terms of types, conceptualization, structure, institutions, and financing. It covers a broad sweep ranging from infrastructure to services and utilities; and from global to Indian states. The methodology is primarily empirical but the thrust is on conceptualization of PPP in its various forms and frameworks. PPP is still a practitioner’s field but is growing in size and significance; and as a solution to failures of public system and the consequent privatization. It is a major attraction to policy makers and funding agencies given its middle-of-the-road approach. It is likely to gain currency, but it is important that we get deeper understandings of this form before we place more faith in this. The papers in this book, selected from a conference on PPP held at the Indian Institute of Management Bangalore in 2008, raise several important conceptual issues and seek to address some of them.

Download or read book The Challenge of Public private Partnerships written by Graeme A. Hodge and published by Edward Elgar Publishing. This book was released on 2005-01-01 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Análise comparativa sobre parceria público privada e contrato de serviço social nos seguintes locais: Reino Unido, Estados Unidos, Suécia, Dinamarca, Alemanha, Austrália, Ásia.

Download or read book Public Private Partnerships Trends Perspectives and Opportunities written by Diego Monferrer Tirado and published by Nova Science Publishers. This book was released on 2021 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In the context of the economic crisis, governments are under increased pressure to find quick answers to hard questions about maintaining public services and funding infrastructure. Public-Private Partnership (PPP) can be used to describe a wide variety of arrangements involving the public and private sectors working together in some way. The key elements for a PPP project are long-term contract; design construction, financing and operation of public infrastructure by the private sector party; payments over the lifetime of the project to the private sector party for the use of the facility made either by the public sector party or by the general public as users of the facility; and facility remaining in the public sector ownership or reverting to public sector ownership at the end of the PPP contract. In this book we go through this concept by analyzing not only the opportunities in that field but also the trends and new perspectives. Therefore, this book captures the results of some of the recent research that is being carried out on public-private cooperation"--

Download or read book Public Private Partnerships written by Stephen Osborne and published by Routledge. This book was released on 2000-11-23 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first to draw upon a range of disciplines to offer theoretical perspectives upon their analysis of public-private partnerships. It also offers a series of case-studies of their management from around the world.

Download or read book A Guide to Innovative Public Private Partnerships written by Thomas A. Cellucci and published by Government Institutes. This book was released on 2011-03-16 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: Congress is expected to announce that new practices are to be adopted across the federal sector which will incite new and innovative partnerships between the public and private sectors. In A Guide to Innovative Public Private Partnerships: Utilizing the Resources of the Private Sector for the Public Good author Thomas A. Cellucci introduces these new procedures and how both private entrepreneurs and government managers can use them most effectively. This book enables organizations in both the private and public sectors to develop and execute efficient and effective business partnerships. Detailed requirements and market potentials are developed which would help entice the private sector to use its own resources to develop products and services without delay and at minimal cost to taxpayers. The book starts from basic principle of partnerships, develops the concept of commercialization-based public-private partnerships, and provides templates, potential marketing tools, and real-world examples to prove the effectiveness of this shift in how government will work in the future. This is a 'must read' for anyone interested in doing business with the government as well as government leaders who are being forced to trim budgets and show genuine value in their agencies.

Download or read book The World Bank Research Observer written by and published by . This book was released on 2003 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Privatization and Public Private Partnerships written by Emanuel S. Savas and published by CQ Press. This book was released on 2000 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Savas provides hundreds of examples from local, state, and federal government in the US and other countries. This is a successor volume to "Privatization: The Key to Better Government".

Download or read book Sharing Concerns written by Cristina Neesham and published by Cambridge Scholars Publishing. This book was released on 2013-09-11 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book draws together case analyses of public-private partnerships in four different countries: Australia, France, Romania and Spain. It represents research efforts conducted from December 2007 to November 2012, and it covers a wide range of experiences in planning and implementing public-private partnerships in countries that belong to two very different socio-economic regions: Europe and Australia. The study on Australia deals with key concepts and types of public-partnerships, as well as performance and evaluation issues. While the analysis on France focuses on water sanitation and public transport services, the research on Romania highlights water and infrastructure projects. Finally, the discussion of Spain emphasizes healthcare and network services. The study illustrates that public-private partnerships are very adaptable and can take an unexpected variety of forms in different industries, types of service, regions or legal frameworks. By suggesting new directions for future comparative research in this area, we hope that this collection of country case studies will stimulate useful and enlightened discussion of the field and encourage a greater focus on the importance of context in future discussions of public-private partnerships.

Download or read book Public private Policy Partnerships written by Pauline Vaillancourt Rosenau and published by MIT Press. This book was released on 2000 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first book to evaluate public-private partnerships in a broad range of policy areas.

Download or read book Governing by Network written by Stephen Goldsmith and published by Rowman & Littlefield. This book was released on 2005-06-22 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fundamental, but mostly hidden, transformation is happening in the way public services are being delivered, and in the way local and national governments fulfill their policy goals. Government executives are redefining their core responsibilities away from managing workers and providing services directly to orchestrating networks of public, private, and nonprofit organizations to deliver the services that government once did itself. Authors Stephen Goldsmith and William D. Eggers call this new model “governing by network” and maintain that the new approach is a dramatically different type of endeavor that simply managing divisions of employees. Like any changes of such magnitude, it poses major challenges for those in charge. Faced by a web of relationships and partnerships that increasingly make up modern governance, public managers must grapple with skill-set issues (managing a contract to capture value); technology issues (incompatible information systems); communications issues (one partner in the network, for example, might possess more information than another); and cultural issues (how interplay among varied public, private, and nonprofit sector cultures can create unproductive dissonance). Governing by Network examines for the first time how managers on both sides of the aisle, public and private, are coping with the changes. Drawing from dozens of case studies, as well as established best practices, the authors tell us what works and what doesn’t. Here is a clear roadmap for actually governing the networked state for elected officials, business executives, and the broader public.