TY - BOOK ID - 134337005 TI - The Future of PPPs in the Western Balkans AU - Martijn, Jan. AU - Sun, Yan. AU - Lindquist, William. AU - Mooi, Yen. AU - Ozturk, Ezgi. AU - Selim, Hoda. AU - Khachatryan, Armine. PY - 2023 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Macroeconomics KW - Economics: General KW - Public Finance KW - National Government Expenditures and Related Policies: Infrastructures KW - Other Public Investment and Capital Stock KW - Public Administration KW - Public Sector Accounting and Audits KW - Economic & financial crises & disasters KW - Economics of specific sectors KW - Public finance & taxation KW - Financial administration & public finance law KW - Fiscal risks KW - Public financial management (PFM) KW - Public investment spending KW - Expenditure KW - PPP legislation KW - Risks of public-private partnership KW - Currency crises KW - Informal sector KW - Economics KW - Public-private sector cooperation KW - Fiscal policy KW - Public investments KW - Albania UR - https://www.unicat.be/uniCat?func=search&query=sysid:134337005 AB - Public-Private Partnerships (PPPs) are increasingly an important vehicle for several Western Balkan countries to increase investment to reduce their infrastructure gaps. While there are benefits to well-designed and implemented PPPs, they also carry a potential for large fiscal risks and increased costs if not managed well. Countries with successful PPP programs typically benefit from a clear and well-designed PPP governance framework, which covers all stages of the PPP life cycle. Western Balkan countries need to address gaps in their PPP governance frameworks to fully reap the potential benefits from PPPs. ER -