Does the Private Sector Deliver on Its Promises? PDF Download

Author: Katharina Gassner
Publisher:
ISBN:
Category : Infrastructure (Economics)
Languages : en
Pages : 4

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Author: Katharina Gassner
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
Is private operation better than public when it comes to utilities; a recent global study funded by the World Bank and Public-Private Infrastructure Advisory Facility (PPIAF) examines the effect of private sector participation in electricity distribution and water and sanitation services. Using a data set of more than 1,200 utilities in 71 developing and transition economies, the study finds that privately operated utilities convincingly outperform state-run ones in operational performance and labor productivity.

Author: Philippe Marin
Publisher: World Bank Publications
ISBN: 0821379577
Category : Technology & Engineering
Languages : en
Pages : 212

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Book Description
'Public-Private Partnerships for Urban Water Utilities: A Review of Experiences in Developing Countries' analyzes the market growth of Public-Private Partnerships (PPPs) in the developing world since 1990, and the performance of more than 65 large water PPP projects representing more than 100 million people for access, service quality, operational efficiency, and tariff levels. Although a relatively small portion of the water utilities in the developing world are operated under PPPs (about 7 percent in 2007), the urban population served by private water operators has grown every year since 1990. Despite many difficulties encountered by PPP projects and a few contract terminations, a large majority of contracts awarded since 1990 are still in place. The track record for improving service and efficiency reaffirms the value of PPPs to help turn around poorly performing water utilities, even though the level of private financing did not match initial expectations. Over time, a more realistic market has developed, the number of private investors from developing countries has grown, and contract designs have become more pragmatic concerning risk allocations between partners. The water sector has many features that set it apart from other infrastructure sectors. This book suggests the need for careful consideration of those specificities to successfully involve private operators. Although concessions with private financing have worked in a few places, contractual arrangements that combine private operation with public financing appear to be the most sustainable option in many countries. Policy makers, stakeholders, and donors need to remain heavily engaged in the water sector, especially in the poorest countries and during a global financial crisis. This book contributes to a better understanding of the various options to tackle the many challenges of providing water and sanitation services to urban populations in the developing world.

Author: Jeffrey Delmon
Publisher: Kluwer Law International B.V.
ISBN: 9041162755
Category : Law
Languages : en
Pages : 870

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Book Description
Investment in infrastructure is critical to economic growth, quality of life, poverty reduction, access to education, good quality healthcare, and achieving many of the goals of a robust and dynamic economy. However, infrastructure is difficult for the public sector to get right. This remarkably insightful and enormously useful book, now in its third edition, shows how the private sector (through public–private partnerships – PPP) can provide more efficient procurement through cheaper, faster, and better quality; refocus infrastructure services on consumer satisfaction and life cycle maintenance; place the financial burden of providing infrastructure on consumers rather than taxpayers; and provide new sources of investment, in particular through limited recourse debt (i.e., project financing). Taking the particular challenges associated with PPP fully into account. this book provides a practical guide to PPP in all the following ways and more: - how governments can enable and encourage PPP; - how PPP financing works; - what PPP contractual structures look like; and - most importantly, how PPP risk allocation works in practice. Specific discussion of each infrastructure sector is provided. Lawyers and business people, civil engineers, economic development officials and specialists, banking and insurance professionals, and academics will all find the ground well covered in this book, as well as new ground broken.

Author: H. K. Yong
Publisher: Commonwealth Secretariat
ISBN: 9781849290203
Category : Business & Economics
Languages : en
Pages : 228

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Book Description
Public-Private Partnerships Policy and Practice is a comprehensive reference guide on PPP theory and practice for senior policy-makers and other public sector officials in developing countries. The guide focuses on the key lessons learned - and emerging best practice - from successful and failed PPP transactions over the past thirty years. The guide avoids jargon and explains relevant concepts in non-specialist language. Key points are summarised at the beginning of each section and provide an overall high-level outline. References are provided throughout and at the end of each section to allow the reader to access further information on specific issues.

Author: Jeffrey Delmon
Publisher: Cambridge University Press
ISBN: 1107194830
Category : Business & Economics
Languages : en
Pages : 269

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Book Description
Guides policy makers through implementation of public-private partnerships, legal frameworks, institutional arrangements, and mobilizing public and private finance.

Author: Katharina Gassner
Publisher: World Bank Publications
ISBN: 0821377175
Category : Law
Languages : en
Pages : 118

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Book Description
This study examines the question of private versus public performance in a natural monopoly setting. It analyzes data from 301 utilities with private sector participation (PSP) and 926 utilities without PSP in 71 developing and transition economies to evaluate the impact of PSP on firm performance in electricity distribution and water and sanitation services. Private participation is shown to be associated with an increase in connections, labor productivity, and bill collection rates, and a decrease in employment and electricity distributional losses.

Author: James Winpenny
Publisher: UNESCO
ISBN: 9231041134
Category : Sustainable development
Languages : en
Pages : 20

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Author: Commonwealth Foundation
Publisher: Commonwealth Secretariat
ISBN: 9780903850452
Category : Nature
Languages : en
Pages : 234

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Book Description
These nine case studies of experiences in the provision of water and electricity services from across the Commonwealth present lessons arising from different ways of providing basic infrastructure services. These include privatization, public sector-community partnership and NGO-led service provision. An overview chapter sets these experiences in the broader context of current debates and issues in essential service provision. It highlights some of the issues that emerge from the case studies in the areas of utility reform, including pricing and subsidies, the importance of community awareness and decentralization, and examines some of the challenges to private provision. The case studies were commissioned by the Commonwealth Foundation to expand the debate on essential service delivery and inform policy and practice with examples from experience. Prepared by researchers and civil society activists from Bangladesh, Canada, Ghana, Guyana, India, Papua New Guinea, South Africa, Trinidad and Tobago and Uganda, a common thread of the case studies is concern about putting people's needs at the centre of decision-making about essential service delivery and factoring in the differential effects of policies on various groups in society.

Author: Maria Vagliasindi
Publisher: World Bank Publications
ISBN: 0821397621
Category : Business & Economics
Languages : en
Pages : 137

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Book Description
Given the chronic power shortages faced by numerous developing countries, and the need everywhere to keep pace with demand, understanding the drivers of public private partnerships (PPPs) in energy is critical. While many private electricity projects have been delayed and financing costs have increased, the impact of the global financial crisis was less severe than that of previous crises that originated in developing countries. This resilience stems from developing countries’ need to expand generation capacity, electricity sector reforms and better regulatory frameworks, and short-term solutions (such as rental power plants). The study reports the evidence from statistical analysis and a sample of case studies selected based. It proposes a novel analytical approach to model PPPs, using a two-stage procedure based on Heckman’s sample selection distinguishing between those factors that determine whether private investment in energy takes place, and those that influence the volume of investment. The results of the analysis provide the following conclusions: • Both general governance and regulatory instrument primarily affect investors’ decisions to enter the various power sector markets, not the subsequent level of investment – indicating that investors seem to be adequately protected against risks. • Support mechanisms, like feed-in tariffs, are crucial for attracting investors in renewable generation, but they do not succeed in displacing fossil fuel investment and they could play a bigger role in affecting the level of investment in renewables. • There is a significant trade-off between effectiveness and efficiency of alternative instruments for deploying renewables. Feed-in tariffs tended to be quite effective but to be set on the high side, reducing incentives to cut costs and posing significant strains on already stripped national budgets. Competitive auctions, on the other hand have tended to be efficient but initially low and not always the most effective instrument. • Countries can scale up renewables following different paths. For Brazil, the move from feed-in tariffs to auctions enabled it to both reduce costs and deploy additional capacity. Peru followed in Brazil’s path, opting for auctions instead of introducing feed-in tariffs. On the other hand, China’s move from competitive tenders to feed-in tariffs allowed for discovery effects to determine the right level of prices to attract private investment in renewables.