Abstract

While research and policy documents seem to equate public private partnerships (PPPs) to a “marriage made in heaven”, globally they have had flimsy impact on public service delivery. Such seem to be caused by myopic governance emanating from scattered PPP governance literature, lack of a clear PPP good governance overview, as well as overemphasis of PPP financing over the wider PPP governance aspects. Using scholarly documents through content analysis, this study therefore intended to identify and examine the elements of a PPP governance system, and thereafter provide strategies of enforcing good governance practices for PPPs to serve their intended purpose. Findings indicate that PPP principles, critical success factors, stakeholder and risk management, and management of PPP maturity trends, make up a PPP good governance system. Finally, for each of the findings established, the study proposes appropriate good governance practices for sustainable PPP interventions.

Highlights

  • Governments make appealing policy promises when embracing public private partnerships as a model of public service delivery (Eggers & Startup, 2006)

  • Findings indicate that private partnerships (PPPs) principles, critical success factors, stakeholder and risk management, and management of PPP maturity trends, make up a PPP good governance system

  • Lack of a solid research and public sector broad thinking about PPP good governance has been a precursor to the limited PPP success globally

Read more

Summary

Introduction

Governments make appealing policy promises when embracing public private partnerships as a model of public service delivery (Eggers & Startup, 2006). The single most PPP motivation for governments rests in private sector financing and direct user fees to develop and pay for the operation of public infrastructure (World Bank Group, 2012). While such enables public facilities to be constructed and services consumed earlier than later, according to Siemiatycki (2013) as time goes by, PPP impetuses evolve and become numerous. Drawing from the United Nations Development Programme-UNDP (as cited in Rondinelli, 2007, p.7) this study defines PPP good governance as, the widespread participation, rule of law, institutional transparency, responsiveness to society needs, equal treatment of people, right usage of public resources, public accountability, and strategically planning for development through PPP arrangements. Given that good governance plays a decisive role in PPP performance (Liu, Love, Smith, Regan & Davis, 2015), in the subsequent sections after the methodology section, the study examines key elements of a PPP governance system in order to propose strategies that would trigger PPP excellence and sustainability

Methodology
Principles of Public Private Partnership Good Governance
Value for Money
Dispute Resolution
Innovation
Participation
Sustainable Public Management
Transparency
Accountability
Networking
Public Private Partnership Critical Success Factors
Stakeholder Management
Public Private Partnership Maturity Trajectory
Public Private Partnership Risk Management
Public Private Partnership Forms
A Discussion on Risk Allocation and Management
Strategies for Critical Success Factors
Strategies for Stakeholder Management
Strategies for Public Private Partnership Maturity Trajectory
Public private partnership forms
Guarantees
Renegotiations
Generic Strategies
Findings
Conclusion
Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call