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Why are productive, development-supporting relations between business and government still so rare in Africa? Scott Taylor addresses this question, examining state-business coalitions as they emerge, and endure or collapse, in three representative countries: Zambia, Zimbabwe, and South Africa. Taylor illuminates three possible trajectories: an abortive state-business coalition, as in Zambia; the emergence of a short-lived coalition, as in Zimbabwe; and a relatively successful and thus far durable coalition, as in South Africa. Though rooted in the southern African experience, his cases reflect much of the variance in outcomes throughout sub-Saharan Africa and shed light on the prospects for economic reform and development on the continent.
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"Governments around the world are clambering to engage the private sector in order to build infrastructure and deliver public services. However, the role of the state in managing new relationships with companies is often murky. Is the government a slow and wasteful bureaucracy that must be held at bay or is it a necessary authority? Assessing the appropriate role for governments within these partnerships and the factors that lead to their success or failure, Governing Public-Private Partnerships delves into two examples of collaborative projects in urban transportation: Vancouver's Canada Line and the Sydney Airport Rail Link. Through personal interviews with CEOs, senior bureaucrats, and politicians, Joshua Newman compares the strategies pursued by an active and shrewd provincial government in British Columbia with the more hands-off state government in New South Wales, Australia. By supporting networks of players in the transportation game, actively seeking lessons from international experience, and innovating responses to novel policy problems, the public sector was able to lead the Canada Line partnership to operational success. In Sydney, however, the unwillingness of the state government to manage the partnership resulted in a sluggish Airport Link that, after sixteen years in operation, still has not met its original expectations. At a time of renewed interest in private involvement with public services, Governing Public-Private Partnerships provides an in-depth look into how the state can--and must--remain involved."--
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Governments typically build and maintain public infrastructure, which they fund through taxes. But in the past twenty-five years, many developing and advanced economies have introduced public-private partnerships (PPPs), which bundle finance, construction, and operation into a long-term contract with a private firm. In this book, the authors provide a summary of what they believe are the main lessons learned from the interplay of experience and the academic literature on PPPs, addressing such key issues as when governments should choose a PPP instead of a conventional provision, how PPPs should be implemented, and the appropriate governance structures for PPPs. The authors argue that the fiscal impact of PPPs is similar to that of conventional provisions and that they do not liberate public funds. The case for PPPs rests on efficiency gains and service improvements, which often prove elusive. Indeed, pervasive renegotiations, faulty fiscal accounting, and poor governance threaten the PPP model.
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Die Dissertation ist an der Schnittstelle von Betriebswirtschaftslehre und Entwicklungsökonomie angesiedelt. Basierend auf einem Multimethodenansatz werden jeweils zwei Fallstudien in Vietnam und auf den Philippinen aus beiden Perspektiven dargestellt. Der entwicklungsökonomische Teil der Arbeit umfasst die Darstellung von Good Governance und Global Governance. Anschließend werden die Auswirkungen von ausländischen Direktinvestitionen und von Energie- und Straßeninfrastruktur auf Wirtschaftswachstum und Armutsreduktion diskutiert. Ein weiterer Schwerpunkt liegt auf der Darstellung von Public Private Partnerships. Keine Fallstudie liefert einen direkten langfristigen Beitrag zur Armutsreduktion, aber sie tragen zum Wirtschaftswachstum bei. Zusammenfassend kann festgehalten werden, dass die positiven Auswirkungen von privat finanzierter Infrastruktur auf die Armutsreduktion überschätzt werden.
Armutsreduktion --- Beitrag --- deren --- Entwicklungsländern --- Fallstudien --- Finanzierung --- Governance --- Gusenbauer --- Infrastruktur --- Öffentlich --- Philippinen --- private --- private Infrastrukturinvestitionen --- Public-private partnerships --- Vietnam
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Fiscal constraints and limited budget resources will require the Government of Sri Lanka to explore and consider alternative financing options to address the country's infrastructure needs. One option to address these constraints is to mobilize private sector financing through the use of Public Private Partnerships (PPPs). However, it is important to note that PPPs have direct and indirect fiscal and financial implications which need to be assessed on a case by case basis and fully understood by participating agencies and policy makers.
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Financing public infrastructure is an important challenge in the growth agenda of the Latin America and the Caribbean (LAC) region. Subject to fiscal constraints, many countries in the LAC region have been looking at private sector financing as an alternative for financing public investment. With different degrees of success, countries in the region have been using Public-Private Partnerships (PPPs) since the late 1980s. Although the needs of investments in public infrastructure vary by country and by sector, it is clear that public resources might not be enough. While public infrastructure will continue to be largely financed by the public sector in the LAC region, significant room still exist for private sector financing of public infrastructure. In Advanced Economies (AEs), such as Australia, and the United Kingdom, PPP projects account for 10 to 15 percent of overall infrastructure investments. This report analyzes the challenges and policy options to increase private sector financing in public infrastructure in the LAC region through PPPs. Given the diversity of LAC countries, the report takes a conceptual approach and analyzes the different alternatives of private sector financing of public investments that different groups of countries can utilize. This approach also takes stock of the different status and degree of institutional and financial development in LAC countries in light of ongoing promising legal reforms and financial innovations for infrastructure finance in the LAC region, as well as in AEs and other regions.
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The growing investment needs in the South Asia Region (SAR) and East Asia and Pacific Region(EAP) necessitate high quality public financial management in order to sustain the growth momentumand achieve the desired development objectives. As these regions operate within limited fiscalspace for development, efficient public financial management is essential to achieve the best results for every dollar spent. However, challenges persist in implementing timely reforms in Public Financial Management (PFM), building ownership to drive reforms and strengthening capacity to implement, embed and sustain such reforms.This PFM retrospective study uses a two-pronged approach. It illustrates examples of good practices of partnerships in financial management reforms between the public and the private sector and draws lessons learned from effective financial management reforms in the private sector in SAR and EAP. The study cites country specific examples through case studies from the following countries (listed in alphabeticalorder) India, Indonesia, Malaysia, Pakistan and Sri Lanka, where collaboration between the public sector and private sector have contributed to successful public financial management reforms. While exploring these various forms of public-private collaboration, it also looks at additional types of partnerships such as with peer institutions in other countries, development partners and regional groups. The study identifies the enabling environment conducive to collaboration. Three significant factors pertinent to the cases are covered in detail, namely: (1) windows of opportunity; (2) leadership and change agents; and (3) the institutional environment. The development strategies of the governments covered in the cases, such as the New Economic Model of Malaysia, are considered as windows of opportunity for private sector involvement as they led to scaling up of PFM reforms and created the need to collaborate with the private sector to implement reforms. In particular, the following organizations and individuals stand out in the case studies as leaders and change agents that connect the public and private sectors to move the PFM reform agenda forward: Director, Department of Municipal Administration-state of Karnataka; a combination of high and working level champions of reforms from the Indonesian Ministry of Finance (MoF);the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and its public sector wing staff and council members; the Secretary General of the Treasury and the Accountant General in Malaysia; and the past and current Auditors General in Pakistan and Sri Lanka.