Achieving Public-Private Partnership in the Transport Sector PDF Download

Author: Benjamin G. Perez
Publisher:
ISBN: 9780595312054
Category : Public-private sector cooperation
Languages : en
Pages : 0

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Book Description
Achieving Public-Private Partnership in the Transport Sector reviews current trends in transport partnerships and provides detailed case studies of three recent partnership projects: The M1 / M15 Motorway in Western Hungary, a 56.3-kilometer, US $330 million facility; The Vasco da Gama Bridge, a 12.3-kilometer, US $1.0 billion bridge in Lisbon, Portugal; and The Bangkok Mass Transit System, a 23.7-kilometer, US $1.5 billion elevated rail mass transit system in the Thai capital. Research has been assembled through interviews with private sector investors, financial advisers, bankers, construction companies, government officials, development bank staff, academicians, and journalists, together with the review of primary project documentation and other written materials. Representing a case of failure, a case of success, and one whose fate has not yet been determined, the case study projects offer rich comparisons. They have been shaped by differing cultural expectations and economic conditions. They have also benefited from the commitment of creative supporters and been subjected to changing political winds. Achieving Public-Private Partnership in the Transport Sector demonstrates the potential and the pitfalls of the partnership approach and details the criteria for success.

Author: Manal Fouad
Publisher: International Monetary Fund
ISBN: 1513576569
Category : Business & Economics
Languages : en
Pages : 61

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Book Description
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: Jeffrey N. Buxbaum
Publisher: Transportation Research Board
ISBN: 0309098297
Category : Federal aid to transportation
Languages : en
Pages : 138

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Book Description
"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: Germà Bel
Publisher: Routledge
ISBN: 1317574370
Category : Political Science
Languages : en
Pages : 175

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Book Description
Public–private partnerships (PPPs) are arrangements between government and private actors with the objective of providing public infrastructure, facilities and services. Three fundamental questions frame the use of PPPs at the local level: What do PPPs look like? What gives rise to the use of PPPs? And, what are the outcomes of PPPs? The articles in this book provide insightful answers to these questions. In addition, the contributions in the book identify lines of research that invite further investigation, namely: problems related to the degree of risk transfer; the challenges posed by renegotiation; and evaluation of PPPs’ results. The content of this book will be of interest for scholars, policy analysts, and policy makers. This book was published as a special issue of Local Government Studies.

Author: João Leitão
Publisher: Emerald Group Publishing
ISBN: 1787144941
Category : Business & Economics
Languages : en
Pages : 663

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Book Description
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.

Author: Lourdes Trujillo
Publisher: World Bank Publications
ISBN:
Category : Airports
Languages : en
Pages : 29

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Book Description
Abstract: This paper summarizes the evidence on the evolution of transport PPPs over the last 15 years or so. In the process, it provides a primer on the associated policy issues, including of the central role of project finance in the implementation of PPP policies and the debates on risk allocation in the design of PPPs. The paper also offers a discussion of the increasingly well recognized residual roles for the public sector in transport, with an emphasis on the regulatory debates surrounding the adoption of PPPs.

Author: Stephen Osborne
Publisher: Routledge
ISBN: 1134615051
Category : Business & Economics
Languages : en
Pages : 433

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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 fo

Author: Graeme A. Hodge
Publisher: Edward Elgar Publishing
ISBN: 1784716693
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 304

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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.

Author: Carlos Oliveira Cruz
Publisher: Springer Nature
ISBN: 3030985113
Category : Law
Languages : en
Pages : 200

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Book Description
There is a growing interest in Public-Private Partnerships (PPPs), particularly in infrastructure and public services. Under the scope of PPPs, renegotiations are becoming more relevant, as empirical evidence suggests that most PPP projects are inevitably renegotiated, i.e., the original contract needs to be adapted to new and unforeseen circumstances. Renegotiations have a substantial impact on the contract and performance of a PPP and usually represent significant costs for users and taxpayers. However, very little is known about the management and, mainly, the process of renegotiating that will, very likely, occur. This book provides a set of case-studies of PPP renegotiations in the transport sector. The authors illustrate the Portuguese experience, a country that has been using PPP extensively, particularly in transport. The case studies provide an extensive and detailed analysis on each aspect of the project and the renegotiation. What drives renegotiations? Why are some projects more renegotiated than others? What are the results? How can the performance of renegotiation processes be improved? These and other questions provide the basis for the discussions in this book. The novelty and value of the book come mainly from the extent of information available. Each case-study deals with these questions in much more detail than what is common in the case-studies approach.

Author: Athena Roumboutsos
Publisher: Routledge
ISBN: 1317483731
Category : Business & Economics
Languages : en
Pages : 393

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Book Description
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.