Analysis Of Public-private Partnerships Research Articles

Analysis of Public Private Partnership in Transportation Projects and Risk Identification: A Review

Analysis of Public Private Partnership in Transportation Projects and Risk Identification: A Review

Analysis of Public-private Partnerships in the Transport Sector of Eurasian States

This study is aimed at studying the public-private partnership (PPP) market of the Eurasian continent, best practices in the field of transport development, comparison of national regulations and the level of government regulation, as one of the important areas of socio-economic development of the member countries of the Eurasian Economic Union (EAEU).Aim . To propose the use of Singapore’s public-private partnership experience for the Russian Federation in the field of transport infrastructure projects.Tasks. Consider the experience of using PPP projects in different countries, highlight key features, analyze the legislative framework and regulatory support in this area, conduct a comparative analysis of PPP projects in the transport sector of Singapore and the Russian Federation and propose successful practices for solving this problem.Methods. Various general scientific and special methods of scientific knowledge are used, among which are analysis, synthesis, analogy, as well as descriptive and system-functional methods. To compare the practices of Singapore and the Russian Federation, the comparative analysis method was used.Results . Based on specific examples, the effectiveness of PPP in infrastructure and social projects in Singapore is substantiated and recommendations are formulated for applying successful experience and scaling it up in the Russian Federation.Conclusion. Using the experience of Singapore’s public-private partnership will help increase the efficiency of PPP projects in the Russian Federation, improve the investment attractiveness of this segment of the economy and, as a result, develop the state’s transport infrastructure and improve the quality of life of the population.

ANALYSIS OF PUBLIC-PRIVATE PARTNERSHIP IN THE PROCESS OF IMPLEMENTATION OF PROJECTS IN THE SPHERE OF SOCIAL ENTREPRENEURSHIP

The article examines the evolution of the development of public-private partnership in the field of social entrepreneurship. The arguments became the basis for determining the purpose of the research as an analysis of public-private partnership in the process of project implementation in the field of social entrepreneurship. To achieve the goal, the following tasks must be solved: to justify the definition of the concepts "project"; to investigate the evolution of the development of public-private partnership in the field of social entrepreneurship; to present the typology of social entrepreneurship; to investigate public-private partnership in the process of project implementation in the field of social entrepreneurship. When processing the materials, the method of analysis and synthesis was used to determine the essence of the concepts. The method of generalization was used in the part of presenting the typology of social entrepreneurship. The method of formalization and comparison was used to study public-private partnership in the process of implementing projects in the field of social entrepreneurship. A typology of social entrepreneurship has been formed, which consists of three types depending on: motives, goals, methods of achieving goals, the level of integration of social programs and business processes, and the activities of social entrepreneurs. The public-private partnership in the process of implementing projects in the field of social entrepreneurship with the definition of projects of national and regional direction has been studied. This will allow in the future to comprehensively approach the selection of socially significant projects in the field of social entrepreneurship, taking into account their degree of social direction and the degree of influence of the results of project implementation on socio-economic changes in the regions of the country.

Right to development and analysis of public private partnerships in infrastructure and space sector in India

Development is the essence of well-being and can be broadly categorised into various categories, some of which are social, cultural, technological, economic development etc., A country needs to focus on importantly social, economic and technological development to be able to establish itself at the global level. India has gone far ahead in terms of this since independence. Thomas Friedman often quotes India among the four pillars of the new world order apart from the United States, The EU-Russia and China. India had adopted the planning commission which focussed on these developmental aspects and formulating the policies that were required for the same. The role of private partnership in the said development is of a great value as public private partnership ushers the wave of development and also ventures unto places where the government cannot reach through. Legislative lethargy and procedural nuances play a large role in non-addressing of developmental issues quickly. Hence, the role of public private partnership is far greater in achieving these goals quickly and efficiently.

A Qualitative Analysis of Public Private Partnership (PPP) Project Contracts in the Roads Sector. A Contextual Elucidation of Uganda National Roads Authority (UNRA)

Public Private Partnership Projects continue to gain momentum across the world. Governments in developing countries now find PPP projects as an alternative to conventional financing and providing public infrastructure. Guided by the principal agency theory, this study examines different types of PPP Project contracts in the roads sector with specific focus on the Uganda National Roads Authority (UNRA). Contracting out of projects in the roads sector has led to increased costs of road construction in Uganda. The main objectives of this study are to examine the relevance of the principal-agency theory to the adoption of PPP project contracts by UNRA and establish the types of PPP Project contracts suitable for adoption by UNRA. Data was collected through literature survey and interviews. Study findings revealed that Principal-Agency theory is relevant to adoption of PPP project contracts and that UNRA intends to use mainly management PPP contract. It is concluded that principal-agent relationship is very crucial if the execution of PPP Project contracts is to be a success and that there is a very high chance that UNRA is planning to also adopt the use of Build, Own and Transfer (BOT) PPP Project contract in the roads sector. The study recommends that UNRA should ensure a cordial relationship with private parties and not rely solely on management PPP contracts. The organisation should explore other PPP project contracts such as Private Finance Initiative, Leasing, Design Build, Build Operate and Transfer, and then Design Build and Finance. The choice of contracts should always be based on affordability and value for money.

An Analysis of Public-Private Partnerships in East Africa

The impact of the implementation of public-private partnerships (PPPs) in the Sub-Saharan African region on infrastructure and services is becoming increasingly perceptible. A considerable number of African countries have embraced PPPs as a mechanism to finance large projects due to a constrained fiscus. At present, many financial institutions, such as the World Bank, the International Monetary Fund and the African Development Bank, which finance some of the projects, have established a department or unit that mainly focuses on infrastructure development in developing countries. The private sector in Africa is equally seen as a significant partner in the development of infrastructure. African governments need to tap into private capital to invest in infrastructure projects. This scientific discussion provides an analysis of PPPs in the East African region. This article selected a number of countries to illustrate PPP projects in the sub-region. The analysis of this study illustrates that the East African region represents unique and valuable public-private partnership lessons in different countries. This study also traces the origins of PPPs to more than a century ago where developed countries completed some of their projects using the same arrangement. This paper further demonstrates that the application of PPPs is always characterised by three factors, namely a country, a sector and a project. Experts in the field often refer to these elements as layers, which usually precede any successful PPP.

An Analysis of Public-Private Partnerships and Sustainable Health Care Provision in the Kingdom of Saudi Arabia.

This study considers the issue of health care provision in Saudi Arabia, looking in particular at the challenges for health care providers and ministry officials. Although the study concentrates on factors specific to Saudi Arabia, it also examines the problem from a broadly international perspective. In particular, the study explores the experience of health care modernisation in the United Kingdom to conceptualise the practicality of fusing public services with market ideals. There is a pressing need to modernise the Saudi health care system with the economic burden on the state-funded Ministry of Health being an unsustainable means of providing health care in future. The solution resides partially in opening the public health care system to alternative sources of management and revenue. In particular, public-private partnerships will be considered as a viable means of funding health care in Saudi Arabia and for improving standards and the quality of care. This study concludes that, whereas the move towards a public-private partnership approach to health care provision has been touted as a precondition for modernisation and development, the precise fusion between government and non-government forces remains a source of conjecture. As a result, the study advocates caution when evaluating the benefits and pitfalls of partnerships between public and private actors.

Public-Private Partnership as an Instrument for Stimulating Public Sector Innovation, as Exemplified by Projects Implemented in the Health Sector in Poland

The subject of the article is an analysis of public-private partnership as an instrument affecting the development of innovation in the public sector. The analysis was based on two PPP projects implemented in the health care sector in Poland and it was preceded by a discussion of the concept of innovation and PPP. The article focuses on the analysis of PPP elements that may have an indirect or direct impact on stimulating innovation in the area of public sector activities. As a result of the analysis, it should be clearly stated that PPP should be inherently associated with perceiving innovation as a process of changes aimed at increasing efficiency. The use of PPP by the public sector may, among other things, enable wider access to a specific public service for the general public, improve the quality of services provided, or increase access to know-how in the area of modern technological solutions. It seems that there will be a gradual shift in the public sector’s perception of PPP, from a mere instrument enabling the implementation of public tasks to an instrument enabling changes in the public management model. This, in turn, should lead to a change in the entire public administration, so that it will be better equipped to face the challenges of modern times, and this certainly will not be possible without the innovativeness of the actions undertaken and the solutions applied.

An Analysis of Public-Private Partnerships in Infrastructure of Provision of Public Goods Through E-Governance in India

This article examines the public and private partnerships (PPPs) in investments in infrastructure of provision of public goods in India beset with institutional failures at several fronts. It draws insights from institutional (transaction costs) and information economics. The objective is to examine under what conditions PPPs succeed or fail. This article attempts to introduce (PPP) as a new form of governance structure that is efficient from the other structures in terms of contractual norms, transaction costs of uncertainty and asset specificity and information asymmetry through proper monitoring and incentive mechanism. Furthermore, we bring forth a few technological issues in applying transaction costs and information economics into the PPP model. We analyse the PPP model in the domain of ICT developmental projects carried out by the Indian government as e-governance.

Partnerstwo publiczno – prywatne w świetle Krajowego Standardu Rachunkowości nr 10

Partnerstwo publiczno – prywatne w świetle Krajowego Standardu Rachunkowości nr 10 In Poland, the concept of public-private partnership generates many dilemmas in valuation, accounting records and the reporting of essential assets and liabilities. This issue is addressed by National Accounting Standard No. 10, which outlines the principles of PPP accounting in public and private accounting systems. The purpose of this paper is to analyze and evaluate the solutions adopted in National Accounting Standard No. 10 against the background of synthetic PPP characteristics. The research methods used are based on a critical analysis of national legislation, a comparative analysis of national and international accounting standards, and a literature analysis of public-private partnerships, public finances and financial accounting. The paper uses the conclusions from the observations of financial aspects of selected public-private partnership contracts as well as concession contracts for construction works and services in Poland

A Deductive Analysis of Public Private Partnerships for Health Technology

In several countries, consulting firms, think thanks and even government agencies spend a considerable amount of energy trying to expand the scope of public private partnerships (PPPs). Initially confined to the construction and maintenance of public infrastructures, PPPs are currently discussed and experimented with in sectors as diverse as health care provision, crime reduction, immigrants’ integration and even the organization of elections. This paper discusses the way PPPs are likely to transform the adoption of novel medical technology in countries where health care is publicly funded. I believe, however, that several ideas presented here can be useful to consider in applying PPPs to all sectors of state intervention relying on expensive technologies. In the first section, I begin by presenting the economic understanding upon which PPPs rest. I then present the simple and uncontroversial assumption that, in democratic countries, PPPs are negotiated by politicians. Withholding the rationality assumption upon which economic theory rests, I argue that rational politicians are unlikely to prefer a PPP contract appealing to a private partner, unless politicians accept occasional renegotiation of given clauses of PPP contracts. Where this occurs, however, the alleged economic efficiency of PPPs is seriously undermined. In the second section, I present a series of reasons to contest economic theory’s treatment of health technology choices as economic choices. These reasons, I suggest, made significant contributions to health technology assessment and purchase reforms. The economic reasoning behind PPPs, I conclude, poses a serious threat to these reforms.

An analysis of public private partnership in emerging economies

This article examines the significance of Public Private Partnership (PPP) in emerging economies. The major focus of the paper is the African continent. The article briefly discusses the origin and implementation PPPs in different continents across the globe. A qualitative research paradigm is adopted to analyse public private partnerships in Sub-Saharan Africa (SSA). Qualitative research is exploratory and is frequently used to investigate a subject area in which there is limited information. This method of investigation sheds light on the different PPP projects. A case study strategy adopted in this study was used create understanding of the different process emanating from the implementation of PPPs in Africa continent. A comprehensive understanding of PPP implementation in SSA is essential. PPPs should be considered in sectors where there is a need to improve infrastructure and service delivery. Every government should have legislation in place as well as a regulatory framework on PPPs to facilitate local and foreign investors to implement new projects. The absence of a legal and regulatory framework on PPPs hinders close collaboration between the public and private sector in certain countries in Sub-Saharan Africa. Anecdotal evidence from interviews with public officials indicates the need for government to focus on a specific project where it (government) perceives a need for a private company to participate. This article argues that the Build-Operate-Transfer (BOT) project is an excellent model for governments in SSA where there is a deficit infrastructure, required to provide improved service delivery. Most BOT projects require sizeable financial investment. Most governments prefer to use BOT to construct specific infrastructure such as new electricity power plants, toll roads, prisons, dams and water plants. Experience has revealed that BOT agreements tend to reduce market and credit risk for the private sector because in most instances government is the only customer, thus reducing the risk associated with insufficient demand and the inability to pay.

A Comparative Analysis of Public-Private Partnerships for Global Development Cooperation: The World Bank and UNDP Compared

2000년 MDGs를 넘어 Post-2015 개발의제 도출과 SDG의 17개 목표를 이행하기 위한 다양한 기제 중 민관협력이 중요하게 거론되고 있는 반면, 민관협력의 가치에 대한 평가가 상대적으로 관대한데 비해 실질적인 이용가치와 제도화 방안에 대한 논의와 분석은 빈약한 수준이다. 향후 Post-2015 시대에 보다 적극적으로 민관협력을 국제개발 사업에 도입하기 위해서는 민관협력에 배태된 다양한 문제에 대한 정치한 분석이 수반되어야 하며, 이는 위험관리, 레버리지 효과, 책무성 기제, 민간부문과 ODA와의 역할관계 등이 포함된 체계적인 분석틀에 기반을 두어야 한다. 본 연구는 세계은행과 유엔개발계획이 축적해 온 민관협력사업의 성과와 특징을 비교 · 분석함으로써, 대단히 상반된 방식의 민관협력이 각각의 다자개발기구가 추구하는 비전과 정책적 환경에 따라 내부적으로 제도화되는 과정을 두 가지 유형으로 정리하였다. 즉, 세계은행의 경우는 신자유주의를 기반한 시장주의에 입각하여 민간부문이 차지하는 역할의 비중이 커지는 데 비해 이에 대한 책무성의 무게는 불균형적으로 배분되는 딜레마에 빠지게 된다. 반면, UNDP의 민관협력 방식은 공적 기관으로서 UNDP가 실질적인 촉매제 역할을 수행하면서 개발파트너로서 민간부문이 맡아야 할 책무성을 보다 명확하게 설계하고 위임할 수 있는 제도적 장치가 마련되어 있다. 이러한 책무성 소재의 명확화는 효과적인 레버리지 활용으로 개발협력의 파트너십의 분업효과를 극대화할 수 있으며, 민간재원의 활용으로 글로벌 공공재 제공을 확장하고, 민간재원의 동원으로 인한 ODA의 대체효과 발생을 적극적으로 통제할 수 있다.

Transaction Cost Analysis of Public-Private Partnership: Concession Agreement in the Water Sector and Build-Lease-And-Transfer Agreement in Transportation Sector

Transaction Cost Analysis of Public-Private Partnership: Concession Agreement in the Water Sector and Build-Lease-And-Transfer Agreement in Transportation Sector

A Vision to 2020: Emerging challenges and opportunities for the Engineering and Construction Sector

The World Economic Forum is an independent non-governmental organisation (NGO), committed to improving the state of the world. There are approximately 1500 member companies, including 50 from the architecture and construction sector. The Forum carries out annual surveys through its CEOs, enabling it in order to draw up its projects efficaciously; this paper presents the results of the last two. As well as examining the health of public finances, the chief problem likely to bedevil the construction sector in 2011, it also provides an analysis of Public-Private Partnerships (PPPs), which are the most probable source of project funding in the near future, and discusses the importance of infrastructures and the use of cutting edge technologies for the sustainable development of the global economy.

PPP Financing in the Road Sector: A Disequilibrium Analysis Based on the Monetary Circuit

This paper discusses public and private financing of infrastructure against the background of monetary equilibria, where money is not neutral and financing has an impact on allocation through distribution. These correspond to “disequilibrium positions” in the neoclassical barter equilibrium, as they violate some of its optimality conditions. In these contexts, evaluating welfare before and after the realisation of a project implies a comparison between two suboptimal positions. Such a comparison reveals that, contrary to a widely held view, there are not many rational arguments that may lead to prefer private financing to public financing of road infrastructure, particularly where local incomes are low. Post Keynesian analysis in general and its monetary variant of the circuit, are useful tools for the analysis of public investment policies in such a disequilibrium context. In particular, some features of the monetary circuit approach are well suited to address the economic problems raised by the analysis of public private partnerships (PPP), notably: (a) the integration of the banking sector and the recognition of its role in monetary creation by the private sector; (b) the monetary creation by the State within a macroeconomic framework fully integrating public finance; and, (c) the necessary link between uncertainty and disequilibrium. Combined with a partial equilibrium analysis based on realistic microeconomic configurations of costs and transport demand parameters, the analysis of the circuit highlights that PPP in the road sector do not add anything to the level of effective demand, being in fact the other flip of the coin of restrictive budgetary policies. PPP play a role in mobilizing part of the accumulated savings that the State is forbidden to attract directly because of debt ceilings. They have a softening effect on the Government budgetary constraints similar to those that could be reached if the Government was allowed to accrue investment like the private sector, but are a less transparent solution, because the relevant debt is not necessarily recognized in the balance sheet that services it.

Uma modalidade peculiar de privatização da educação pública: a aquisição de "sistemas de ensino" por municípios paulistas

Este artigo trata da tendência de crescimento das parcerias, pela via dos contratos, entre os municípios paulistas e empresas privadas da área educacional para a aquisição de "sistemas apostilados de ensino". Os dados referem-se a levantamento desenvolvido no âmbito da pesquisa "Estratégias municipais para a oferta da educação básica: uma análise de parcerias público-privadas no estado de São Paulo", financiada pela FAPESP. No período destacado neste trabalho, 1990 a 2007, percebe-se a ampliação deste tipo de relação acentuadamente nos municípios com até 50 mil habitantes. Tal percepção confirma hipótese de incremento da dependência das esferas municipais junto ao setor privado, na medida em que os municípios têm ampliadas suas responsabilidades para com a oferta e a manutenção da educação básica, sem a prévia organização técnico-política do aparato de gestão local.

Improving the prospects for sustainable ICT projects in the developing world

Projects that bring information and communications technology (ICT) to the developing world and especially to rural areas have the potential to empower the disenfranchised, foster economic opportunity, and narrow the digital divide that threatens to widen global disparity between the haves and the have-nots. However, given the remarkable growth of such undertakings around the world, there has been little corresponding effort made to address the vital issues of long-term project sustainability and the diverse motivations and incentives facing the actors involved. As a result, these projects continue to be implemented sporadically and in a piecemeal fashion, which in turn hinders our ability to define success and recommend best practices for implementing and/or scaling them. Through an analysis of publicprivate partnerships (PPPs), the prevailing vehicle for project implementation today, the article addresses the issue of sustainability through partnerships, and also asserts that developing world technology recipients must be considered as stakeholders, as they hold the key to project sustainability. Following an overview of both theory and the current state of ICT-related development projects, the article provides a case study of a Sri Lankan-based pilot project involving multiple stakeholders. This case reveals important success factors that can be applied to future developing world ICT projects.