Integrating PIM and PPP in a Unified Framework

Abstract

No AccessMar 2020Integrating PIM and PPP in a Unified FrameworkAuthors/Editors: Jay-Hyung Kim, Jonas Arp Fallov, Simon GroomJay-Hyung KimSearch for more papers by this author, Jonas Arp FallovSearch for more papers by this author, Simon GroomSearch for more papers by this authorhttps://doi.org/10.1596/978-1-4648-1529-4_ch10AboutView ChaptersFull TextPDF (0.7 MB) ToolsAdd to favoritesDownload CitationsTrack Citations ShareFacebookTwitterLinked In Abstract: Provides guidance on the harmonization and integration of public investment management (PIM) and public-private partnerships (PPPs), presenting the rationale for why this integration matters and discussing “must-have” elements for PIM-PPP integration. The last two decades have seen growing global interest in PIM and PPPs. Public investment projects, implemented through a PPP or through more conventional means, should aim to support the creation of viable economic infrastructure, such as roads, airports, and railways, or to provide social infrastructure and public services, such as hospitals and schools. Both implementation modalities should stem from the same basic government demands or policy objectives. The World Bank has developed a PIM-for-PPP (PIM4PPP) diagnostic tool to help governments establish a unified approach for public investment that encompasses traditional project financing and PPPs, providing an analytical framework for assessing the whole investment cycle, from ex ante appraisal to ex post review, under a unified system for effectively managing traditional public investment and PPP. ReferencesBiletska, N, J H Kim, M Darcy, M P Dunne, and I Zapatrina. 2016. Public-Private Partnerships in the Context of Public Investment Management in Ukraine: An Assessment. 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LinkGoogle ScholarWorld Bank. 2018. “Jordan 2018 Public Investment Management: Public-Private Partnership Governance Framework.” World Bank, Washington, DC. Google Scholar Previous chapterNext chapter FiguresreferencesRecommendeddetails View Published: February 2020ISBN: 978-1-4648-1529-4 Copyright & Permissions Related CountriesCyprusJamaicaKorea, Republic ofUnited KingdomZimbabweRelated TopicsFinance and Financial Sector DevelopmentInfrastructure Economics and FinanceMacroeconomics and Economic GrowthPublic Sector Development KeywordsCASE STUDYPUBLIC INVESTMENTINFRASTRUCTURE INVESTMENTPUBLIC SECTOR REFORMGOOD GOVERNANCENATIONAL DEVELOPMENT PLANSFINANCIAL DEVELOPMENTFINANCIAL MANAGEMENTHARMONIZATION ISSUESPUBLIC-PRIVATE PARTNERSHIPSINFRASTRUCTURE MAINTENANCEPUBLIC SPENDINGPREAPPRAISAL PDF DownloadLoading ...