Introduction to Public-Private Partnerships

Abstract

No AccessDec 2015Introduction to Public-Private PartnershipsAuthors/Editors: World BankWorld BankSearch for more papers by this authorhttps://doi.org/10.1596/978-1-4648-0630-8_ch1AboutView ChaptersFull TextPDF (4.8 MB) ToolsAdd to favoritesDownload CitationsTrack Citations ShareFacebookTwitterLinked In Abstract: Summarizes the assessment of how well the World Bank Group (WBG) has supported countries in applying public-private partnerships (PPPs) from 2002 to 2012—both “upstream” in preparing the enabling policy and regulatory environment, as well as “downstream” with transaction support and finance—focusing on the core types of PPP arrangements having a similar level of risk sharing between the public and private sides. PPPs, if implemented well, can help overcome inadequate infrastructure that constrains economic growth, particularly in developing countries. The WBG has deployed a wide range of instruments and services targeting PPPs during FY02–12. In support, the International Finance Corporation (IFC) Investment Services and the Multilateral Investment Guarantee Agency (MIGA) focused on middle-income countries, whereas the WB and IFC Advisory Services tend to support lower-income countries. Beyond broader economic effects, PPPs can benefit the poor through several channels, including by creating jobs or improving service provision in a targeted manner. ReferencesCalderon, Cesar and Luis Serven. 2010. “Infrastructure and Economic Development in Sub-Saharan Africa.” Journal of African Economies, 19 (Suppl 1):113–87. CrossrefGoogle ScholarCalderon, Cesar, and others. 2011. “Is Infrastructure Capital Productive? A Dynamic Heterogeneous Approach.” Policy Research Working Paper, World Bank, Washington, DC. Google ScholarColverson, Samuel and Oshani Perera. 2011. “Sustainable Development: Is There a Role for Public-Private Partnerships?” Summary of IISD Preliminary Investigation. 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Google Scholar Previous chapterNext chapter FiguresreferencesRecommendeddetailsCited byDeveloping a public-private partnership framework for managing the adverse health effects of environmental disaster (a case study of Lake Urmia – Iran)Journal of Water and Health, Vol.21, No.22 February 2023 View Published: December 2015ISBN: 978-1-4648-0630-8e-ISBN: 978-1-4648-0631-5 Copyright & Permissions Related TopicsInfrastructure Economics and Finance KeywordsPUBLIC-PRIVATE PARTNERSHIPSINTERNATIONAL FINANCE CORPORATIONIFCMULTILATERAL INVESTMENT GUARANTEE AGENCYMIGASTRATEGIC PLANNINGINFRASTRUCTURE INVESTMENTMIDDLE-INCOME COUNTRIESCASE STUDIES PDF DownloadLoading ...