Public And Private Partnerships For Financing Highway Improvements
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| Author | : Manal Fouad |
| Publisher | : International Monetary Fund |
| Total Pages | : 61 |
| Release | : 2021-05-10 |
| Genre | : Business & Economics |
| ISBN | : 1513576569 |
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 | : Jane Beckett-Camarata |
| Publisher | : Emerald Group Publishing |
| Total Pages | : 276 |
| Release | : 2020-10-20 |
| Genre | : Political Science |
| ISBN | : 1839096543 |
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.
| Author | : Raymond E. Levitt |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 357 |
| Release | : 2019 |
| Genre | : Electronic books |
| ISBN | : 1788973186 |
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.
| Author | : Darrin Grimsey |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 284 |
| Release | : 2007-01-01 |
| Genre | : Business & Economics |
| ISBN | : 1845423437 |
This path-breaking book considers the recent trend for governments to look increasingly to private sector finance, provided by private enterprises constructing and managing public infrastructure facilities in partnership with government bodies. 'The boundaries between the public and private sector are the most important political issue of our time.'
| Author | : Sidney M. Levy |
| Publisher | : Amer Society of Civil Engineers |
| Total Pages | : 403 |
| Release | : 2011 |
| Genre | : Technology & Engineering |
| ISBN | : 9780784410134 |
Levy demystifies public-private partnerships as an innovative solution to the challenges of designing, financing, building, and operating major infrastructure projects.
| Author | : Jeffrey Delmon |
| Publisher | : Cambridge University Press |
| Total Pages | : 257 |
| Release | : 2011-01-31 |
| Genre | : Business & Economics |
| ISBN | : 1139494716 |
Investment in infrastructure is critical to economic growth, quality of life, poverty reduction, access to education, healthcare, and achieving many of the goals of a robust economy. But infrastructure is difficult for the public sector to get right. Public-private partnerships (PPPs) can help; they provide more efficient procurement, focus on consumer satisfaction and life cycle maintenance, and provide new sources of investment, in particular through limited recourse debt. But PPPs present challenges of their own. This book provides a practical guide to PPPs for policy makers and strategists, showing how governments can enable and encourage PPPs, providing a step-by-step analysis of the development of PPP projects, and explaining how PPP financing works, what PPP contractual structures look like, and how PPP risk allocation works in practice. It includes specific discussion of each infrastructure sector, with a focus on the strategic and policy issues essential for successful development of infrastructure through PPPs.
| Author | : Eduardo Engel |
| Publisher | : Cambridge University Press |
| Total Pages | : 193 |
| Release | : 2014-09-15 |
| Genre | : Business & Economics |
| ISBN | : 1107035910 |
The authors provide a summary of the main lessons learned from the past twenty-five years regarding public-private partnerships.
| Author | : Jeffrey N. Buxbaum |
| Publisher | : Transportation Research Board |
| Total Pages | : 138 |
| Release | : 2009 |
| Genre | : Federal aid to transportation |
| ISBN | : 0309098297 |
"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.
| Author | : Edward L. Glaeser |
| Publisher | : University of Chicago Press |
| Total Pages | : 479 |
| Release | : 2021-11-11 |
| Genre | : Business & Economics |
| ISBN | : 022680058X |
"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"--
| Author | : |
| Publisher | : Transportation Research Board National Research |
| Total Pages | : 96 |
| Release | : 1988 |
| Genre | : Business & Economics |
| ISBN | : |
