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Public Private Partnerships

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Public Private Partnerships

Public Private Partnerships Book
Author : E. R. Yescombe
Publisher : Elsevier
Release : 2011-04-01
ISBN : 9780080489575
Language : En, Es, Fr & De

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Book Description :

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

The Routledge Companion to Public Private Partnerships

The Routledge Companion to Public Private Partnerships Book
Author : Piet de Vries,Etienne B. Yehoue
Publisher : Routledge
Release : 2013-03-05
ISBN : 1136163301
Language : En, Es, Fr & De

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Book Description :

A public-private partnership (PPP) is a contractual arrangement with appropriate risk sharing between public and private partners for the delivery of public infrastructure or services, which is intended to create value-for-money to the taxpayer. The Routledge Companion to Public-Private Partnerships provides a cutting-edge survey of the field. PPPs remain a highly controversial subject matter globally and this comprehensive and authoritative volume provides a terrific compendium of information for students and scholars charged with understanding, critiquing and advancing this model. With sections devoted to legal aspects, institutional economics perspectives, finance and accountability - the editors draw together an impressive range of contributors from around the world.

Public Private Partnerships for Infrastructure

Public Private Partnerships for Infrastructure Book
Author : E. R. Yescombe,Edward Farquharson
Publisher : Butterworth-Heinemann
Release : 2018-05-29
ISBN : 0081007671
Language : En, Es, Fr & De

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Book Description :

Public-Private Partnerships for Infrastructure - Principles of Policy and Finance, Second Edition explains how public private partnerships are prepared, procured, financed, and managed from both the public- and private-sector perspectives. As the use of public private partnerships continues to develop world-wide, both in the area of public policy and private financing and contracting, the Second Edition of this leading textbook: Captures and explains the latest approaches, providing a comprehensive all-round guide for those on both the public- and private-sector sides of the table Emphasises a step-by-step approach within a comprehensive, cross-referenced format Includes clear explanations of PPP evaluation, structuring and financing concepts for the benefit of those new to the topic: no prior knowledge is assumed or required Provides detailed reference points for more experienced practitioners Draws from the authors’ experience and practice in PPP markets worldwide to provide a perspective on practical application of the key underlying principles Includes an extensive glossary of technical and financial terms used in the PPP sector Includes more technical information and a stronger legal perspective than other books Emphasizes a step-by-step approach within a comprehensive, cross-referenced format Expands and updates the historical backgrounds and political contexts of public-private partnerships

Rethinking Public Private Partnerships

Rethinking Public Private Partnerships Book
Author : Carsten Greve,Graeme Hodge
Publisher : Routledge
Release : 2013-05-07
ISBN : 1136264574
Language : En, Es, Fr & De

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Book Description :

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.

Public private Partnerships in Canada

Public private Partnerships in Canada Book
Author : Timothy John Murphy
Publisher : Unknown
Release : 2019
ISBN : 9780433457985
Language : En, Es, Fr & De

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Book Description :

Download Public private Partnerships in Canada book written by Timothy John Murphy, available in PDF, EPUB, and Kindle, or read full book online anywhere and anytime. Compatible with any devices.

Public Private Partnerships

Public Private Partnerships Book
Author : G Ramesh,Vishnuprasad Nagadevara,Gopal Naik,Anil Suraj
Publisher : Routledge
Release : 2014-04-03
ISBN : 1317809602
Language : En, Es, Fr & De

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Book Description :

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.

Public Private Partnerships

Public Private Partnerships Book
Author : Akintola Akintoye,Matthias Beck,Mohan Kumaraswamy
Publisher : Routledge
Release : 2015-09-16
ISBN : 131741537X
Language : En, Es, Fr & De

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Book Description :

This timely new book provides an international perspective on Public Private Partnerships. Through 21 case studies, it investigates the existing and fast developing body of principles and practices from a wide range of countries and is the first book to bring together leading international academics and practitioners under a common framework that enables convenient cross-country comparisons. The authors focus on the impact of the financial crisis has had on how governments have reviewed and overhauled their PPP policies as they have examined or tested new ways of partnering more effectively, efficiently and sustainably with the private sector. Readers will be able to gauge the level of maturity of PPP development in the book’s case studies, understand similarities and differences in their practices, and gain useful insights into the regulatory framework and institutional infrastructure in place to support implementation of PPP. Finally, the book offers insights into the future challenges and opportunities that PPP offers stakeholders.

Public Private Partnerships in International Construction

Public Private Partnerships in International Construction Book
Author : Albert P. C. Chan,Esther Cheung
Publisher : Routledge
Release : 2014-01-23
ISBN : 1135008108
Language : En, Es, Fr & De

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Book Description :

Over the last ten years public private partnerships have become ever more popular worldwide, expanding the body of experience among construction professionals, government agencies, and industry. In these economically challenging times, PPP has emerged as a crucial framework for providing infrastructure, and also to boost construction industry activity, while shielding the taxpayer from some of the cost. Understanding the lessons learnt is essential to ensuring the success of future projects, and this timely book will prepare the reader to do just that. Starting by defining PPP itself, part one is designed to help the novice to get to grips with the basics of this topic. Part two tackles the practicalities of PPPs, including successful implementation, managing the risks involved, and how to assess the suitability of a project for the PPP route. Part three presents detailed case studies from Asia, Africa, and Australia to illustrate how PPPs should be managed, how problems emerge, and how PPPs can differ across the world. Drawing on extensive internationally conducted research, from both industry and academia, the authors have written the essential PPP guide. Taking into consideration the perspectives of those in the public sector and the private sector, as well as built environment professionals, it is essential reading for anyone preparing to work on public private partnerships in construction.

Public Private Partnerships in Emerging Economies

Public Private Partnerships in Emerging Economies Book
Author : Augustine Edobor Arimoro
Publisher : Routledge
Release : 2020-10-30
ISBN : 1000215598
Language : En, Es, Fr & De

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Book Description :

Over the years, a shortage of funds has resulted in a huge deficit in government budgets for infrastructure, especially in developing economies. It is no longer feasible for governments to bear the entire burden of funding public infrastructure. Given that an inadequate supply of public infrastructure poses a challenge for the economic development of any country, partnerships with the private sector to fund public infrastructure procurement has started to be relied on as an alternative to traditional public procurement. Public-Private Partnerships are an arrangement that allow private entities to fund, design, manage and operate public infrastructure for a term in exchange for the payment of tolls by users or the government may well be the solution to the infrastructure crisis in many developing economies. This book examines the role of law in the adoption, implementation and regulation of Public-Private Partnership in selected developing economies including Brazil, India, Nigeria and South Africa to address how to deal with overlapping laws and how the law can protect assets invested in PPP in order to attract private sector interests in infrastructure financing in developing market, showing how law can be used to create, sustain and promote PPP frameworks that take into account local circumstances in developing economies.

Critical Reflections on Public Private Partnerships

Critical Reflections on Public Private Partnerships Book
Author : Jasmine Gideon,Elaine Unterhalter
Publisher : Unknown
Release : 2021
ISBN : 9780429280450
Language : En, Es, Fr & De

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Book Description :

"This book argues that despite the hype within many policy circles that Public Private Partnerships (PPPs) are a key to addressing inequalities in provision and access to public services, there is actually very little evidence to support the presumed benefits of PPPs in contributing to poverty reduction. Taking a cross-sectoral comparative approach, this book investigates how PPPs have played out in practice, and what the implications have been for inequalities within those contexts. Drawing on a range of empirical case studies in education, healthcare, housing and water, the book picks apart the roles of PPPs as financing mechanisms in several international and national contexts and considers the similarities and differences between sectors. The global COVID-19 pandemic has raised significant questions about the future of social provision, and through its analysis of the emergence and expansion of the role of PPPs, the book also makes a vital contribution to current discussion over this rapidly changing landscape. Overall, this wide-ranging guide to understanding and evaluating the role of PPPs in developing countries will be useful to researchers within development, international relations, economics, and related fields, as well as to policy makers and practitioners working in development-related policy"--

Public Private Partnerships

Public Private Partnerships Book
Author : Stephen Osborne
Publisher : Routledge
Release : 2000-11-23
ISBN : 113461506X
Language : En, Es, Fr & De

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Book Description :

Public-Private partnerships are an increasing aspect of the delivery of public policies and services across the world. This book is the first to draw upon a range of disciplines to offer theoretical perspectives upon their analysis as well as a range of case-studies of their management from around the world. It also offers a number of frameworks for the evaluation of their management. This book will be of interest to students of public policy and public management, whether at the undergraduate or postgraduate level.

The Logic of Public Private Partnerships

The Logic of Public   Private Partnerships Book
Author : Graeme A. Hodge,Carsten Greve
Publisher : Edward Elgar Publishing
Release : 2019
ISBN : 1784716693
Language : En, Es, Fr & De

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Book Description :

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.

Handbook on Public Private Partnerships in Transportation Vol I

Handbook on Public Private Partnerships in Transportation  Vol I Book
Author : Simon Hakim,Robert M. Clark,Erwin A. Blackstone
Publisher : Springer
Release : 2022-01-05
ISBN : 9783030834838
Language : En, Es, Fr & De

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Book Description :

This book discusses the role of public-private partnerships (PPPs) in global transportation infrastructure. Seen as a way to provide vital services in an era of shrinking government budgets, public-private partnerships have become an increasingly important part of travel infrastructure worldwide. This book describes and analyzes the structure of various models of PPPs in various countries, evaluating their effectiveness, and drawing policy implications for future use. Written by leading international researchers and practitioners in the transportation field, each chapter is a case study on the adoption, implementation, and outcome of transportation services in different municipalities. Taken together, these diverse case studies provide an integrated framework for evaluating and using PPPs. Providing rigorous empirical analysis of PPPs in transportation, this volume will be of interest to researchers in public administration, political science, and economics as well as practitioners and policymakers involved in establishing and monitoring PPPs in transportation.

Public Private Partnerships

Public Private Partnerships Book
Author : Robert M. Clark,Simon Hakim
Publisher : Springer Nature
Release : 2019-10-18
ISBN : 3030246000
Language : En, Es, Fr & De

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Book Description :

This book discusses Public-Private Partnerships (PPPs) and their potential to protect and maintain critical infrastructure in a variety of global governmental settings. Critical infrastructure is defined as essential services that underpin and support the backbone of a nation's economy, security, and health. These services include the power used by homes and businesses, drinking water, transportation, stores and shops, and communications. As governmental budgets dwindle, the maintenance of critical infrastructure and the delivery of its related services are often strained. PPPs have the potential to fill the void between government accounting and capital budgeting. This volume provides a survey of PPPs in critical infrastructure, combining theory and case studies to provide a comprehensive view of possible applications. Written by a diverse group of international experts, the chapters detail PPPs across industries such as transportation, social infrastructure, healthcare, emergency services, and water across municipalities from the US to New Zealand to Hong Kong. Chapters discuss objectives and legal requirements associated with PPPs, the potential advantages and limitations of PPPs, and provide guidance as to how to structure a successful PPP for infrastructure investment. This book is of interest to researchers studying public administration, public finance, and infrastructure as well as practitioners and decision makers interested in instituting PPPs in their communities.

Public private Partnerships

Public private Partnerships Book
Author : Sidney M. Levy
Publisher : Amer Society of Civil Engineers
Release : 2011
ISBN : 9780784410134
Language : En, Es, Fr & De

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Book Description :

Levy demystifies public-private partnerships as an innovative solution to the challenges of designing, financing, building, and operating major infrastructure projects.

Public Private Partnerships for Infrastructure and Business Development

Public Private Partnerships for Infrastructure and Business Development Book
Author : Stefano Caselli,Veronica Vecchi,Guido Corbetta
Publisher : Springer
Release : 2016-04-08
ISBN : 1137541482
Language : En, Es, Fr & De

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Book Description :

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.

Public Private Partnerships in Transitional Nations

Public Private Partnerships in Transitional Nations Book
Author : Nada Kakabadse,Nikolai Mouraviev
Publisher : Cambridge Scholars Publishing
Release : 2017-06-23
ISBN : 1443873829
Language : En, Es, Fr & De

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Book Description :

This collection examines public-private partnerships (PPPs) in transitional nations from the governance perspective. It explores the structures, legal frameworks and collaborative arrangements that underpin partnerships in Europe, Asia and Africa, and highlights government decisions that facilitate the transformation of societal challenges into developmental opportunities. By sharing the experience of nine nations, including China, Indonesia, Russia and Nigeria, it helps to better understand the commonalities in PPP deployment, avoid mistakes and pitfalls, and learn from other economies. The book raises the critical questions that concern many governments, including: What are the common and frequent mistakes that governments make when they deploy partnerships and deal with governance issues? How can countries increase PPPs’ benefits? Can PPPs be instrumental in accomplishing certain less traditional government tasks, such as disaster risk management of built infrastructure and promotion of clean energy? Can PPPs serve as a backbone of entrepreneurial networks and contribute to sustainable development? The groundwork is laid out for contrasting and comparing successful and unsuccessful government actions, institutional, legal and financing initiatives and procedures, allowing one to make cross-country and cross-sectoral comparisons. Policy-makers, consultants, managers and others working in the PPP field will find this volume useful, as well as academics, as they can learn from the international comparisons and the experience of others.

Public Service Private Profits

Public Service  Private Profits Book
Author : John Loxley,Salim Loxley
Publisher : Fernwood Books Limited
Release : 2010
ISBN : 9781552663387
Language : En, Es, Fr & De

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Book Description :

PPPs/P3s have become all the rage amongst every level of government in Canada in recent years. Proponents claim P3s reduce the costs of building & operating public services, that services are delivered more efficiently through the P3 model, so that in the end taxpayers are better off as consumers of public good.

Public Private Partnerships for Infrastructure Development

Public   Private Partnerships for Infrastructure Development Book
Author : Raymond E. Levitt,W. Richard Scott,Michael J. Garvin
Publisher : Edward Elgar Publishing
Release : 2019
ISBN : 1788973186
Language : En, Es, Fr & De

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Book Description :

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.