Public-Private Partnerships, Government Guarantees, and Fiscal Risk

Public-Private Partnerships, Government Guarantees, and Fiscal Risk PDF Author: Mr.Barry Anderson
Publisher: International Monetary Fund
ISBN: 9781589064935
Category : Business & Economics
Languages : en
Pages : 104

Book Description
Public-private partnerships (PPPs) refer to arrangements under which the private sector supplies infrastructure assets and infrastructure-based services that traditionally have been provided by the government. PPPs are used for a wide range of economic and social infrastructure projects, but they are used mainly to build and operate roads, bridges and tunnels, light rail networks, airports and air traffic control systems, prisons, water and sanitation plants, hospitals, schools, and public buildings. PPPs offer benefits similar to those offered by privatization, which is the sale of government-owned enterprises or assets. By the late 1990s, when privatization was losing much of its earlier momentum, PPPs began to be widely seen as a means of obtaining private sector capital and management expertise for infrastructure investment. After a modest start, a wave of PPPs is now beginning to sweep the world. This Special Issue paper provides an overview of some of the issues raised by PPPs, with a particular focus on their fiscal consequences. It also looks at government guarantees, which are used fairly widely to shield the private sector from risk and are a common feature of PPPs. And it examines the consequences of PPPs and guarantees for debt sustainability. The paper concludes with a list of measures that can maximize the benefits and minimize the fiscal risks associated with the use of PPPs. Various appendices augment the discussion by examining country experiences with PPPs, summarizing the statistical reporting framework used to discuss fiscal accounting and reporting, explaining accounting for risk transfer, examining how guarantees are modeled and estimated in Chile, and summarizing international accounting and reporting standards for contingent liabilities.

Research Handbook on Foreign Direct Investment

Research Handbook on Foreign Direct Investment PDF Author: Markus Krajewski
Publisher: Edward Elgar Publishing
ISBN: 1785369857
Category : Commercial treaties
Languages : en
Pages : 739

Book Description
Increasing international investment, the proliferation of international investment agreements, domestic legislation, and investor-State contracts have contributed to the development of a new field of international law that defines obligations between host states and foreign investors with investor-State dispute settlement. This involves not only vast sums, but also a panoply of rights, duties, and shifting objectives at the juncture of national and international law and policy. This engaging Research Handbook provides an authoritative account of these diverse investment law issues.

Social and Solidarity Economy in Cuba

Social and Solidarity Economy in Cuba PDF Author: Rafael J. Betancourt
Publisher: Rowman & Littlefield
ISBN: 1666929042
Category : Business & Economics
Languages : en
Pages : 343

Book Description
Social and Solidarity Economy in Cuba examines the role of Social and Solidarity Economics (SSE) amidst national change in Cuba. Depicting both challenges and opportunities, this book makes a strong and sustained case for solidary and socially responsible practices in Cuba.

Public Actors in International Investment Law

Public Actors in International Investment Law PDF Author: Catharine Titi
Publisher: Springer Nature
ISBN: 3030589161
Category : Conflict management
Languages : en
Pages : 205

Book Description
This open access book focuses on public actors with a role in the settlement of investment disputes. Traditional studies on actors in international investment law have tended to concentrate on arbitrators, claimant investors and respondent states. Yet this focus on the "principal" players in investment dispute settlement has allowed a number of other seminal actors to be neglected. This book seeks to redress this imbalance by turning the spotlight on the latter. From the investor's home state to domestic courts, from sub-national governments to international organisations, and from political risk insurance agencies to legal defence teams in national ministries, the book critically reviews these overlooked public actors in international investment law.

Towards the sustainability of the Mexican National Health System

Towards the sustainability of the Mexican National Health System PDF Author: Yessica Pamela Flores Subias
Publisher: Editorial Fontamara S. A. de C. V.
ISBN: 6077367583
Category : Young Adult Nonfiction
Languages : en
Pages : 227

Book Description
The book was oriented towards achieving two main objectives. The first of them was to create a description of the main changes that have been made to the system since the beginning of the 2018-2024 Administration in Mexico. The diversity of the reforms and their scope make it difficult for the population to follow up on them and know how their right to health protection will be guaranteed. Thus, understanding the impact and extension of the reforms was one of the priorities of this study. Consequently, it was sought to develop a consultation document that allows identifying the current state of the SNS. The World Health Organization (who) has pointed out that health systems comprise all the institutions, organizations and resources used to produce actions aimed at improving health. Its performance can be measured based on its ability to respond to the needs of the population through actions such as increasing equality in access to health, reducing health risks and protecting individuals from the financial consequences caused by hight costs deseases. In this way, it is imperative that health systems have an efficient design that allows guaranteeing the protection of the right to health.

Funding and Financing Transport Infrastructure

Funding and Financing Transport Infrastructure PDF Author: Athena Roumboutsos
Publisher: Routledge
ISBN: 1351866222
Category : Business & Economics
Languages : en
Pages : 272

Book Description
This book seeks to enhance understanding of the impacts of project setup and its implementation environment on project performance by leveraging information from the study of a rich set of European transport infrastructure project cases. It puts forward a system’s view of project delivery and aims to serve as a strategic tool for decision makers and practitioners. The proposed approach is not limited to specific stakeholder views. On the contrary, it allows stakeholders to formulate their own strategies based on an holistic set of potential implementation scenarios. Furthermore, by including cases of projects that have been influenced by the recent financial crisis, the book aims to capitalise on experiences and provide guidelines as to the design and implementation of resilient projects delivered both through traditional as well as Public Private Partnership (PPP) models. Finally, the book proposes a new Transport Infrastructure Resilience Indicator and a corresponding project rating system that can be assessed with an eye to the future, ultimately aiming to support the successful delivery of transport infrastructure projects for all stakeholders involved.

Manual para el desarrollo de ferrocarriles urbanos

Manual para el desarrollo de ferrocarriles urbanos PDF Author: Daniel Pulido
Publisher: World Bank Publications
ISBN: 1464815976
Category : Business & Economics
Languages : en
Pages : 814

Book Description
A nivel global, ciudades buscan desarrollar soluciones de transporte asequibles, ecológicas y socialmente responsables que puedan satisfacer las necesidades de conectividad de las crecientes poblaciones metropolitanas y respaldar el futuro desarrollo económico y urbano. Cuando los sistemas ferroviarios urbanos se planifican e implementan adecuadamente como parte de una red de transporte público más amplia, éstis pueden brindar vías rápidas de movilidad y acceso vital a los centros urbanos desde la periferias. Los servicios ferroviarios urbanos de alto rendimiento, cuando se abordan cuidadosamente en el contexto de un proyecto de desarrollo, pueden ayudar a mejorar la calidad de vida de los ciudadanos brindándoles acceso a oportunidades laborales y servicios esenciales, tanto del entorno urbano inmediato como de comunidades vecinas. Este manual sintetiza y difunde conocimientos sobre planificación, implementación y operación de los proyectos ferroviarios urbanos para: i) destacar la necesidad de realizar estudios tempranos y planificar los proyectos, ii) contribuir a que los proyectos sean más sostenibles (desde el punto de vista económico, social y ambiental); iii) mejorar los beneficios socioeconómicos de los usuarios y el acceso de estos a distintas oportunidades; iv) maximizar el valor de la participación privada, cuando corresponda, y v) fortalecer la capacidad de las instituciones encargadas de la gestión e implementación de los proyectos. Se ofrece experiencia para lidiar con los desafíos técnicos, institucionales y financieros a los que se enfrentan los tomadores de decisiones de proyectos ferroviarios urbanos. Se reúnen los conocimientos especializados del personal del Banco Mundial y el aporte de numerosos especialistas para sintetizar buenas prácticas y recomendaciones basadas en experiencia global que no responden a intereses comerciales, financieros ni políticos, entre otros. El material presentado tiene como objetivo servir de guía imparcial para maximizar el impacto y afrontar los desafíos que conllevan los sistemas ferroviarios urbanos en las ciudades de países desarrollados y en desarrollo. No se brinda un enfoque único, sino que se reconocen las complejidades y los distintos contextos existentes cuando se aborda un proyecto de desarrollo ferroviario urbano; de ese modo, se apoya a las autoridades a prepararse para formular las preguntas adecuadas, analizar las cuestiones clave, llevar a cabo los estudios necesarios, aplicar las herramientas apropiadas y aprender de las buenas prácticas internacionales, todo ello en el oportuno momento del proceso de desarrollo del proyecto.

Challenges to Public Value Creation

Challenges to Public Value Creation PDF Author: Brian J. Cook
Publisher: Springer Nature
ISBN: 3031460308
Category :
Languages : en
Pages : 316

Book Description


Introduction to Project Finance in Renewable Energy Infrastructure

Introduction to Project Finance in Renewable Energy Infrastructure PDF Author: Farid Mohamadi
Publisher: Springer Nature
ISBN: 3030687406
Category : Business & Economics
Languages : en
Pages : 283

Book Description
What is project finance? What makes project or structured finance so relevant for large renewable energy infrastructure? Which vocabulary do I need to know in order to speak the same language during meetings with lawyers, investors, bankers and engineers? These questions and many more are answered throughout this book, offering real world examples to bridge the gap between theory and practice. The book details the role of each stakeholder in the development of renewable energy projects, the interconnection between all the agreements, the financial process from fundraising to financial close, the processes of due diligence, risk analysis, project investment valuation and much more. It also provides with an introduction to Portfolio Management using renewable energy assets and an explanation of the role of Climate Finance in green energy investments. The commented glossary enables readers to unpick the jargon used in project finance for renewable energy, and the numerous creative figures and comprehensive tables aid with understanding. Offering a complete picture of the discipline, Introduction to Project Finance in Renewable Energy Infrastructure will be of value to professionals, engineers and academics alike interested in understanding the process and components of project finance in renewable energy infrastructures, in both private and public-private contexts.

Innovative Funding and Financing for Infrastructure

Innovative Funding and Financing for Infrastructure PDF Author: Jeff Delmon
Publisher: Cambridge University Press
ISBN: 1009340204
Category : Political Science
Languages : en
Pages : 243

Book Description
A guide to innovative sources of revenues and finance to increase investment opportunities in infrastructure and conserve public resources.