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Varnavskii, V. "Public-Private Partnership: Some Issues of Theory and Practice." World Economy and International Relations, no. 9 (2011): 41–50. http://dx.doi.org/10.20542/0131-2227-2011-9-41-50.
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The author analyzes the concept of Public-Private-Partnership (PPP) and its substance as a category. He gives his own vision of a place, which PPP’s concept occupies in economic theory. Having analyzed various definitions of PPP the author suggests his own PPP's definition. A particular attention is given to problems of property rights in PPP projects. The paper describes a wide scale of PPP’s experience in Russia and throughout the world. The author makes an attempt to give a comprehensive analysis of various factors that are able to contribute to successful PPP development in Russia.
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Tahir, Muhammad Shuja. "PUBLIC PRIVATE PARTNERSHIPS (PPPs);." Professional Medical Journal 24, no. 01 (January 18, 2017): 1–9. http://dx.doi.org/10.29309/tpmj/2017.24.01.491.
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Public Private Partnerships (PPPs) is defined as “arrangements betweengovernment and private sector entities for the purpose of providing public infrastructure,community facilities and related services. The partnership must be based on a mutual agreementbetween the public and the private sectors, be in a form that the service provision purpose ofthe public sector and the profit goals of the private sector can agree, and be mutually liable forrisks. The evaluation of the institution of the PPPs along with suggestions for future action aimedat profit maximization, better utilization of the projects and maximization of social benefits aremade, taking under consideration the ever-increasing demands and special socio-economiccircumstances of our contemporary society.
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Matshonisa Seeletse, Solly. "Performance of South African private-public partnerships." Problems and Perspectives in Management 14, no. 2 (May 11, 2016): 19–26. http://dx.doi.org/10.21511/ppm.14(2).2016.02.
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Huge monetary investments are made towards private-public partnerships (PPPs) in an effort to develop South Africa. These PPPs are based on emulations from international benchmarks. Many developed countries benefit from skillful use of PPPs. The paper is based on concerns that, in South Africa, many PPP projects do not reach finalization. Others only reach finalization from additional funding after exhausting initial invested funds. Some causes of barriers of success of these PPPs are reported. Respondents are 39 past PPP participants. A self-administered unstructured questionnaire was used to collect qualitative data. Thematic content analysis was used to analyze the data. The results show negligence and wrong deployment as main causes of the failures in which the government side is a grave wrongdoer. Recommendations found to be necessary for improving PPP performance are suggested
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Mouraviev, Nikolai, and Nada K. Kakabadse. "Conceptualising public-private partnerships." Society and Business Review 11, no. 2 (July 11, 2016): 155–73. http://dx.doi.org/10.1108/sbr-04-2016-0024.
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Purpose The purpose of this paper is to survey various meanings attached to a public–private partnership (PPP) and related aspects in Western literature and to identify commonalities and differences between them. Additionally, the article intends to critically assess conflicting and overlapping views on contractual and institutional PPPs, their forms and models and to draw insights for transitional economies. Design/methodology/approach The article contrasts and compares views on PPP meanings, forms and models within Western PPP literature and also draws comparisons with understanding of partnership aspects in the Russian language sources. The paper examines theories underpinning PPPs, builds connections to PPP advantages and drawbacks and provides critical assessment of net benefits that PPPs may bring along to the society. Findings The article concludes that future PPP research in transitional countries such as Kazakhstan and Russia, particularly in the area of organisational and power arrangements in partnerships, may delineate new concepts such as government as a guarantor of a PPP project, social significance of a PPP project and risk management in a country’s contextual environment. Originality/value Research in the field of PPPs in transitional countries such as Russia and Kazakhstan is in its infancy. The paper intends to contribute to the body of knowledge about PPPs by providing detailed account and categorisation of their principal meanings, forms, models and underpinning theories and by drawing insights for future research in transitional countries.
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Saruchera, Fanny, and Maxwell Agabu Phiri. "Technological innovations performance and public-private-partnerships." Corporate Ownership and Control 13, no. 4 (2016): 549–57. http://dx.doi.org/10.22495/cocv13i4c4p4.
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The research institutes’ dilemma in successfully bringing their breakthrough technological innovations to the market has remained major concern in most developing economies. Zimbabwe is no exception. The theory of Public-Private-Partnerships (PPPs) and their increasing applicability in especially the provision of public facilities and services has commanded some research interest worldwide. However, not much attempts have been made to unlock the value in the PPP’s capability in enhancing commercialization of technological innovations, worst still from a developing economy’s perspective. This paper explores the role of PPPs in ensuring successful Research and Development, and Commercialization (R & D-C) of research outcomes. Guided by a systematic literature review on key success factors of PPPs, cases of two forms of PPPs (a Build-Own-Operate-Transfer (BOOT) PPP, and a concession contract) were studied and their operations were monitored and evaluated, in comparison to institutes not engaged in any partnership – to supplement data obtained through key informant interviews. The study established that research institutes engaged in PPPs had relatively fewer commercialization challenges for their output as compared to those who were not engaged. However, it emerged that there are limitations regarding observance of the critical success factors, thereby hindering progress of the prevailing PPPs. The findings of this study imply that there are limited understandings surrounding the value that could be unlocked in commercializing research institutes’ innovations through PPPs. To the few existing PPPs, there is lack of integrative frameworks for the management of, and success of the PPPs. Anchored on promoting ideal collaborations in which all key values are honoured, the study proposes a framework that emphasizes a collaboration in which the public research institute concentrates on research and development, while the private firm partner uses her market analytics to focus on getting the product to the market.
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Warasthe, Ronak. "The Role of Public-Private Partnerships in Higher Education How Tertiary Institutions in emerging Economies benefit from Public-Private Partnerships." Balkan Region Conference on Engineering and Business Education 2, no. 1 (December 20, 2017): 1–7. http://dx.doi.org/10.1515/cplbu-2017-0001.
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Abstract The number of Public-Private Partnerships in the education sector is growing in developing and emerging economies. Traditionally governments are the main financial contributor to education however, the involvement of the private sector is an increasing one. While more established in primary and secondary education, PPPs in tertiary education are a phenomenon rather slowly growing in the past decades (Patrinos, Barrera-Osorio, & Guaqueta, 2009). There are various concepts of PPPs in higher education each targeting different goals. In order to give an insight into different types of PPPs, the typology according to Mabizela has been briefly displayed and the case of a PPP in Namibia is given. The framework of the partnership was compiled to give an outlook on the practicability of partnerships. The paper exemplifies that both partners within a PPP can benefit from the added value they may generate for their target group. Thus, the benefit depends on quality, relevance and execution of the partnership.
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Boyer, Eric J., and David M. Van Slyke. "Citizen Attitudes Towards Public–Private Partnerships." American Review of Public Administration 49, no. 3 (April 12, 2018): 259–74. http://dx.doi.org/10.1177/0275074018769072.
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This study examines the factors that influence public attitudes toward public–private partnerships (PPPs) through an analysis of public opinion data collected in 2014. Although previous literature has examined public attitudes toward government contracting and asset privatization, there is little understanding of how the public feels about more collaborative forms of public–private interaction. Counter to previous studies that suggest that support for free enterprise and a disdain for government increases support for private involvement in public services, we find that attitudes toward PPPs are nuanced: Respondents favor them not only when they have positive feelings toward the business sector but also when they also report trust in government. PPPs are thus perceived not as a replacement to public administration, but as a delivery model that demands competence and trust of both public and private partners. The results also explain a previously unstudied relationship between respondent familiarity with PPPs and their attitudes toward them. Counter to expectations, we find that the more familiarity that respondents have with PPPs, the more likely they are to view them favorably. We also identify factors that predict public opinions of PPPs which can inform public outreach and public involvement programs involved with PPPs.
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Melville, Duncan. "Public–Private Partnerships in Developing Countries." Review of Market Integration 8, no. 3 (December 2016): 152–69. http://dx.doi.org/10.1177/0974929217714673.
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First used in developed markets, public–private partnerships (or PPPs) are being increasingly used to deliver critical infrastructure projects within developing countries. The success in developed markets is, however, unlikely to be easily transferrable to developing markets, and the usefulness of the contractual framework unpinning PPPs in such countries is worth questioning. In particular, a number of important developmental questions need to be answered. Are developing countries’ economic objectives best achieved through PPPs? Can developing country’s institutions support successful PPP procurement? Does a pipeline of PPP projects in a developing country ensure the growth of high-skilled jobs in the country? By exploring the experiences of PPP procurement in Chile, this article draws the conclusion that it would be in the best interest of developing countries to require domestic or local involvement within PPP consortiums, either through domestic ownership or in domestic/foreign construction partnering. Such local involvement is most likely to ensure the development of domestic engineering and construction companies and mitigate the potentially negative effects of an infrastructure market dominated by foreign influence. PPPs have been lauded for providing the ‘best of both worlds’ of private and public involvement. But the complex contractual structuring, sophisticated financing and robust institutional support involved, make PPPs an inaccessible tool for many developing countries. Outside of Australasia, Europe and North America, Chile has enjoyed some of the greatest success in promoting infrastructure development through PPPs. Since 1991, Chile has completed more than 50 PPPs, totalling over US$12 billion in capital investment in its roads, hospitals, ports and electricity system, and has been held out as a model for other less developed nations to follow (Hill, 2011, p. 189). What institutional prerequisites do developing countries need before PPPs become a viable option for infrastructure procurement? What can developing countries learn from Chile’s experiences with PPPs? From a developmental perspective, what could Chile have improved in designing its PPP programme? Split into three parts, this article seeks to answer each of these questions. ‘PPP Overview’ outlines relevant definitions, the various PPP contractual structures, which prerequisites make PPPs most effective and how PPPs encourage competition. ‘The Chilean PPP Case Study’ explores in greater detail the history of PPPs in Chile, the country’s institutional framework and some of the key outcomes from its concessions programme. Finally, ‘The Case for Domestic Involvement’ focuses on a noteworthy omission from the Chilean PPP model, requirements for local involvement. It is the author’s view that other developing countries will enjoy longer term benefits from PPPs by establishing a stance supporting the meaningful involvement of domestic companies and should, therefore, encourage PPPs not only for the public–private collaboration but also for the domestic–foreign cooperation they can foster.
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Flinders, Matthew. "The Politics of Public–Private Partnerships." British Journal of Politics and International Relations 7, no. 2 (May 2005): 215–39. http://dx.doi.org/10.1111/j.1467-856x.2004.00161.x.
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Since 1 May 1997 the Labour government in the United Kingdom has implemented a number of public–private partnerships (PPPs) as a central tool of governance within their wider modernisation agenda. To date, the introduction of PPPs has largely been evaluated through conceptual lenses that emphasise either the administrative, managerial, financial or technical dimensions of this reform strategy. This article seeks to complement this wider literature by arguing that PPPs raise a host of political issues and tensions that have largely been overlooked. Five specific themes are set out in order to provide a framework or organising perspective. These are: efficiency; risk; complexity; accountability; and governance and the future of state projects. The main conclusion of the article is that PPPs represent a Faustian bargain in that forms of PPP may deliver efficiency gains and service improvements in some policy areas but these benefits may involve substantial political and democratic costs.
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Vinogradov, Dmitri, Elena Shadrina, and Larissa Kokareva. "Public procurement mechanisms for public-private partnerships." Journal of Public Procurement 14, no. 4 (March 1, 2014): 538–66. http://dx.doi.org/10.1108/jopp-14-04-2014-b004.
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Why do some countries (often developing and emerging economies) adopt special laws on PPP, whilst in others PPPs are governed by the legislation on public procurement and related bylaws? This paper explains the above global discrepancies from an institutional perspective. In a contract-theoretical framework we demonstrate how PPPs can enable projects that are not feasible through standard public procurement arrangements. Incentives for private partners are created through extra benefits (often non-contractible) from their collaboration with the government (e.g. risk reduction, reputational gains, access to additional resources, lower bureaucratic burden, etc.). In a well-developed institutional environment these benefits are implicitly guaranteed, suggesting no need in a specialized PPP-enabling legislation. Otherwise, a PPP law should establish an institutional architecture to provide the above benefits.
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Abdullahi, Muhammad, and Rilwan Nakazalle Usman. "Management of Public Enterprises through Public Private Partnership in Nigeria." International Letters of Social and Humanistic Sciences 19 (December 2013): 76–81. http://dx.doi.org/10.18052/www.scipress.com/ilshs.19.76.
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Collaboration with corporations, small businesses, non-governmental organizations and civil society organizations to provide socially beneficial goods and services. Public enterprises and the private sector cooperate in providing services and infrastructure through a variety of mechanisms. The level of performance and development of public enterprise in the country are very low due to corruption, management inefficiencies, overstaffing and inflation. This paper therefore in tend to highlight the different mechanisms of public private partnership (PPPs) in the management of public enterprise including concessions, build-operate- and- transfer (BOTs) arrangement, joint ventures and informal and voluntary cooperation as applied in some Latin American and Asian countries. The paper recommends that the government should clearly identify goals and objectives of public private partnerships and embody them in an official set of laws, develop strategy for management plan for public private partnerships and create employment protection measures for current government employees in organization that will go in to public private partnerships.
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Schomaker, Rahel M. "Conceptualizing Corruption in Public Private Partnerships." Public Organization Review 20, no. 4 (March 5, 2020): 807–20. http://dx.doi.org/10.1007/s11115-020-00473-6.
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Abstract This article conceptualizes the vulnerability of the different stages of Public-Private Partnership (PPP) models for corruption against the backdrop of contract theory, principal-agent theory and transaction cost economics, and discusses potential control mechanisms. The article’s contribution to the debate on PPPs is twofold: first, an issue widely neglected by the pertinent literature is conceptualized. Second, as these PPPs are used not only in developed countries whose legal order may shield them sufficiently, but also in developing countries, carving out the vulnerable points in PPP arrangements may enable decision makers to install appropriate control mechanisms, if need be on project level.
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Nayak, Bhabani Shankar. "Reconceptualising Public Private Partnerships (PPPs) in global public policy." World Journal of Entrepreneurship, Management and Sustainable Development 15, no. 3 (October 22, 2019): 259–66. http://dx.doi.org/10.1108/wjemsd-04-2018-0041.
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PurposeThe paper provides historical outlook on different trends in PPPs in global public policy. The purpose of this paper is to reject the essentialist and neoliberal approach to PPPs by critically evaluating both normative and empirical arguments within existing literature.Design/methodology/approachThe paper draws its methodological lineages to nonlinear historical narrative around the concept and construction of the idea and language of “PPPs”. The paper follows discourse analysis (Fairclough, 2003) to locate the way in which PPPs were incorporated within the language of global public policy.FindingsThe paper finds that most of the existing literature looks at managerial, operational, functional and essentialist aspects of PPPs. Therefore, the paper argues that critical success of PPPs depends on its social value for the common good with an emancipatory outlook.Originality/valueThe paper argues to move beyond functional aspects of PPPs and locate emancipatory possibilities within the praxis of global public policy.
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Burci, Gian Luca. "Public/Private Partnerships in the Public Health Sector." International Organizations Law Review 6, no. 2 (2009): 359–82. http://dx.doi.org/10.1163/157237409x12670188734276.
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AbstractThis article reviews and analyses the growing phenomenon of public-private partnerships in the field of international public health cooperation (PPPs). This trend has been led by the changing political dynamics surrounding international health issues as well as by the perception of the inadequacy of market mechanisms and the inability of existing international institutions for tackling pressing health problems in developing countries. The article analyses in particular the remarkable developments in international health governance that PPPs have ushered in as well as the role played and the challenges faced by the World Health Organization.
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Song, Danrong, Yan Sun, and Yu Fan. "An Evolutionary Game Model on Public Participation in Public-Private Partnerships." Advances in Civil Engineering 2020 (December 24, 2020): 1–14. http://dx.doi.org/10.1155/2020/8870757.
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Effective participation of the general public in public-private partnerships (PPPs) can coordinate the multidemands of stakeholders and improve the scientificity of decision-making on infrastructure and public utility projects. However, excessive public participation may aggravate the complexity of PPPs and delay the progress of developing PPP projects. Accordingly, the appropriate participation of the general public is essential in the implementation of PPPs. This study examines the boundary conditions and the effective thresholds of public participation in adjusting the cooperative behaviors of both the government and the private investor in PPPs through an analysis of the evolution paths and dynamic balances of the strategy choices between the two parties. The results indicate that public participation in PPPs has the particularity of adjusting the partnership between the two parties. The results also suggest that public participation is not always effective and there are differences in the degree of public participation in the various strategy behaviors in which the government and the private investor choose to cooperate.
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Bouti, Khalid, and Rajae Borki. "Public-Private Partnerships In Health." International Journal of Medicine and Surgery 2, no. 1 (June 30, 2015): 1–2. http://dx.doi.org/10.15342/ijms.v2i1.66.
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Extract: The current importance of public debt requires governments to increasingly shift towards Public-Private Partnerships (PPPs). They are long-term contracts of private financing method providing or contributing to public service. The payment is made by the public partner and/or users of the service. The World Health Organization (WHO) defines this type of partnership as ‘‘a means to bring together a set of actors for the common goal of improving the health of populations based on mutually agreed roles and principles.’’ Historically, the principle of PPP was established by the Private Finance Initiative (PFI), launched by the conservative government of John Major in 1992. It was from this moment that this model quickly spread to the rest of the world. In the mid-90s and from Australia, PPP agreement began to become part of the language of governments. In 1997, Labour with Tony Blair leading, strongly developed this management method, first and particularly in hospitals and then, in the entire public sector and spreading to the Royal Navy. Today, 10-15% of British public investments are made using PFI method.
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Ruiz Rivadeneira, Ana Maria, and Ludger Schuknecht. "Ensuring effective governance of Public-Private Partnerships." Journal of Infrastructure, Policy and Development 3, no. 2 (December 5, 2019): 177. http://dx.doi.org/10.24294/jipd.v3i2.1148.
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Public-Private Partnerships (PPPs) can be an effective way of delivering infrastructure. However, achieving value for money can be difficult if government agencies are not equipped to manage them effectively. Experience from OECD countries shows that the availability of finance is not the main obstacle in delivering infrastructure. Governance—effective decision-making—is the most influential aspect on the quality of an investment, including PPP investments. In 2012, the OECD together with its member countries developed principles to ensure that PPPs deliver value for money transparently and prudently, supported by the right institutional capacities and processes to harness the upside of PPPs without jeopardizing fiscal sustainability. Survey results from OECD countries show that some dimensions of the recommended practices are well applied and past and ongoing reforms show progress. However, other principles have not been well implemented, reflecting the continuing need for improving public governance of PPPs across countries.
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Sarmento, Joaquim Miranda, and Luc Renneboog. "Anatomy of public-private partnerships: their creation, financing and renegotiations." International Journal of Managing Projects in Business 9, no. 1 (January 4, 2016): 94–122. http://dx.doi.org/10.1108/ijmpb-03-2015-0023.
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Purpose – As public-private partnerships (PPPs) have become more widespread, doubts and criticisms about this type of infrastructural projects have emerged. The authors describe the PPP framework, discuss the financial structure and risk-sharing processes, and dissect the structure and organisation. The authors address the following questions: what are the main organisational characteristics of PPPs? How does the private sector structure and finance PPPs? And why and how are PPP contracts renegotiated? The paper aims to discuss these issues. Design/methodology/approach – This paper draws on extensive theoretical and empirical research, which is presented in a literature overview on PPPs and their renegotiations. A comprehensive review is carried out and two case studies are developed to investigate the reasons behind success and failure of PPPs and the renegotiation of contracts. Findings – Incomplete contracts and the long duration of concessions can bring uncertainty and change to PPPs. Joint decision making can be difficult due to different parties involved. Renegotiation outcomes tend to rely on the position of the government. In Fertagus, the private sector asked for financial help led to a very balanced agreement. Conversely, Lusoponte renegotiations were initiated by the government, which significantly changed the project. Instead of relying solely on commercial revenues, Lusoponte was substantial financed by public funds. Research limitations/implications – Incomplete contracts and the long duration of concessions bring about much uncertainty to PPPs. Ex post decision making in PPPs in the wake of changing risks is difficult as it necessarily involves negotiations between the public sector and the private firm. The paper shows that marked differences in renegotiation outcomes emerge. In one case study, the private sector asked for financial help and the negotiation outcome was a very balanced agreement. Conversely, renegotiations in a second case were initiated by the government mainly for political reasons, resulted in a significant change in the PPP’s structure, risk, financing, and returns, and yielded a large public losses. Practical implications – Contrasting successful and unsuccessful PPPs enables the reader to examine the opportunities and pitfalls in case of PPP renegotiations, which frequently occur. He can gain insight in the determinants of negotiation outcomes and the importance of a governmental PPP entity as well as of an independent monitor such as a court of audits. Originality/value – This paper should be useful for both academics and practitioners and should help increase the understanding of the several stages, structures, and renegotiation processes associated with PPPs.
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Bhatia, Dr (Mrs) Satinder. "Rejuvenating Public-Private Partnerships (PPPs) in Asia." INTERNATIONAL JOURNAL OF COMPUTERS & TECHNOLOGY 4, no. 2 (October 30, 2005): 460–69. http://dx.doi.org/10.24297/ijct.v4i2b2.3307.
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Infrastructure-building has become a focus area in Asia as targeted GDP growth rates climb higher. Selection of projects as PPP projects or pure public sector projects has to be done carefully comparing costs and benefits under both scenarios. Such an approach (value for money) is common in the UK and Australia which have considerable experience in PPP projects.
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McQuaid, Ronald W., and Walter Scherrer. "Changing reasons for public–private partnerships (PPPs)." Public Money & Management 30, no. 1 (January 2010): 27–34. http://dx.doi.org/10.1080/09540960903492331.
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Fourie, F. CvN, and P. Burger. "FISCAL IMPLICATIONS OF PUBLIC-PRIVATE PARTNERSHIPS (PPPs)." South African Journal of Economics 69, no. 1 (July 6, 2005): 147–68. http://dx.doi.org/10.1111/j.1813-6982.2001.tb00006.x.
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De Zoysa, Mangala. "Public-Private Partnerships in Forestry Management in Sri Lanka: Emergence, Influence and Legitimacy." Environmental Management and Sustainable Development 9, no. 2 (April 25, 2020): 35. http://dx.doi.org/10.5296/emsd.v9i2.16752.
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Public-Private Partnerships (PPPs) are considered as “win-win” solutions to both government and market failures in sustainable forest management. PPPs in Sri Lanka are filling a regulatory gap resulting from withdrawal of government from the management of forest resources. The national forest policy has emphasized afforestation, conservation and protection as the main components of emerged government-community, donor–recipient and public–private partnerships with local people, rural communities and other stakeholders. Timber and fuel-wood plantations, and agro-forestry woodlots have been established through partnerships. Eco-tourism has been given special emphasis through partnerships between the government agencies, private sector and communities. Private sector involves in forestry as a business through sustainable agro-forestry, imparting financial gain. The government has identified risk mitigation as an integral part of the government–community partnership planning process. Investments of private sector in forest management are committed to enhance inflow of foreign exchange earnings through the export of value added forest products. The Forest Ordinance has empowered Forest Department for the management, protection and development of forest resources. PPPs are far less frequent in rule-setting and implementation of timber and fuel-wood plantations and agro-forestry woodlots. Work undertaken by community based organizations in PPPs occurs on a minor scale. Private-sector involvement in forest resources management has raised serious concerns by public perception about conflict of interest. The Government needs serious efforts and amendment of forest policies to promote public-private partnerships for the sustainable development of forest resources.
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Nwangwu, George. "Will Public-Private Partnerships Solve Nigeria’s Infrastructure Problems?" Studies in Media and Communication 9, no. 1 (May 24, 2021): 41. http://dx.doi.org/10.11114/smc.v9i1.4118.
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Nigeria, like most countries around the world, has turned to Public-Private Partnerships (PPPs) to finance its infrastructure deficit. However, it appears that the government of Nigeria looks towards PPPs as the major solution to the country’s infrastructure crisis. In a sense PPPs are being sold to the public as if they were free, that the private sector would come in with its funds, provide the desired services and that the problem with the country’s infrastructure would automatically cease. This paper argues that this supposition is a myth and that the role of PPPs in the provision of public infrastructure is more nuanced than is being bandied around. PPPs are not the panacea to all of the country’s infrastructure problems and also are far from being completely free. It is however the case that if appropriately deployed, in most cases PPPs provide some advantages over conventional public sector procurements. This paper explores the different advantages and disadvantages of PPPs and suggests ways in which PPPs may be effectively used to improve the country’s infrastructure with reduced fiscal exposure to government.
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Kang, Seong, Dhanakorn Mulaphong, Eunjin Hwang, and Chih-Kai Chang. "Public-private partnerships in developing countries." International Journal of Public Sector Management 32, no. 4 (May 13, 2019): 334–51. http://dx.doi.org/10.1108/ijpsm-01-2018-0001.
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Purpose Mounting fiscal constraints and increasing complexity of public services have led governments to search for alternative service delivery mechanisms. The public–private partnership (PPP) is one type of service arrangement in which the public and private sectors enter into a long-term cooperative relationship for the purpose of delivering a public good or service. Despite increasing private sector participation in developing nations, there is a need for more systematic assessment of PPPs in such countries. The purpose of this paper is to explore the factors that affect the adoption and implementation of projects in the context of developing countries. Design/methodology/approach A multiple case holistic design is employed to analyze 19 select projects across several developing countries to identify and pool clusters of variables that facilitate or impede PPPs. Findings The results indicate five broad categories of political, economic, legislative, financial and management requisites. Research limitations/implications A limitation of this research is that the cases were not selected at random. However, the projects are spread across several areas such as public health, public utilities, public works, transportation and water/wastewater infrastructure in different countries. This allows the authors to examine how the common factors apply across different contextual settings. Originality/value This paper seeks to contribute to the literature by examining several developing countries to identify and pool clusters of variables that facilitate or impede the effective implementation of PPP projects in the context of such regions.
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Chowdhury, Indrani Roy, and Prabal Roy Chowdhury. "Public–Private Partnerships, Commitment and X-Inefficiency." Arthaniti: Journal of Economic Theory and Practice 17, no. 2 (September 10, 2018): 157–67. http://dx.doi.org/10.1177/0976747918795226.
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We examine the formation of public–private partnerships (PPPs), one of the most important organisational forms to evolve over the last few decades. Given the volume of infrastructural investment required, PPPs seem essential for India's development. We unearth a role for PPP formation that is new in the literature, namely its role as a commitment device. In particular, we argue that the presence of the private firm allows a PPP to credibly commit to discontinuing the project when efficiency considerations demand so. JEL: D02, D04,D72, D73, D43
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Anderson, Beverlee B., and Catalin Ratiu. "Stakeholder considerations in public-private partnerships." World Journal of Entrepreneurship, Management and Sustainable Development 15, no. 3 (October 22, 2019): 212–21. http://dx.doi.org/10.1108/wjemsd-04-2018-0046.
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Purpose The purpose of this paper is to explore how an understanding of the alignment of goals of customers, employees and investors can aid in the partner selection process. The paper explains the opportunities and challenges offered by a keen examination of a restrained stakeholder view of the firm. It also explains the relational challenges of partner selection together with the interactive effects of these variables. Design/methodology/approach The design uses secondary data focused on customers, employees and investors’ goals and their alignment with sustainable development goals (SDGs). Consumer behaviour data on issues related to SDGs, research on employee’s work motivation and the goals of investors, both institutional and individual, are investigated. Findings To develop effective public–private partnerships (PPPs), the goals and behaviours of both parties must be recognised, considered and addressed. The goals and priorities of these entities are not always well aligned with SDG goals. In selecting partners, non-government organisations will benefit from recognising the differing goals of stakeholders and common ground for actions. Research limitations/implications The model examines only three stakeholder groups: consumers, investors and employees. Practical implications A selection process based on a solid understanding of key stakeholders can offer the necessary information to target partners that are more likely to succeed in implementing strategies geared towards the SDGs. Social implications While PPPs have the potential to be successful, to achieve significant gains in advancing the SDG agenda, there must be “buy-in” from relevant stakeholders associated with the partnerships. Originality/value The paper addresses some issues seldom addressed in SDG PPP writing.
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Sagamonova, Galina V., Marina V. Shumeyko, and E. V. Sagamonova. "The Development of Public-Private Partnerships in Russia." Materials Science Forum 931 (September 2018): 1200–1203. http://dx.doi.org/10.4028/www.scientific.net/msf.931.1200.
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The article makes a study of the development of public-private partnerships (PPPs) in Russia in the implementation of investment projects. The article considers the current state of PPPs, the main problems and development trends. Particular attention is paid to potential risks for public and private partners. The paper proposes the recommendations for the main directions of PPPs development.
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Carbonara, Nunzia, and Roberta Pellegrino. "Fostering innovation in public procurement through public private partnerships." Journal of Public Procurement 18, no. 3 (September 3, 2018): 257–80. http://dx.doi.org/10.1108/jopp-09-2018-016.
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Purpose The prevailing view in the studies on Public Private Partnerships (PPPs) is that PPPs can improve the quality and efficiency of infrastructure services and facilitates innovation in infrastructure developments. Although researchers highlight the potentiality of PPP models for stimulating innovation, they do not prove whether and in which conditions the PPP model is capable of developing innovative solutions. This paper aims to provide answers to the following key research questions: Which are the PPP features that favor innovation? How properly structure a PPP to foster innovation? Design/methodology/approach With this aim, drawing upon the main streams of studies on innovation, the authors develop a conceptual framework that identifies the PPP features that can influence the innovativeness. Second, they define how these PPP features have to be structured to foster innovation. Finding The authors find that a wider involvement of the private sector will increase the level of innovation. The industry structure exerts opposite forces on innovation: the dominance of large-sized firms is positively related to innovative output, whereas the market concentration negatively affects innovation. Performance-based contracts should be used in the context of PPP instead of traditional contracts. Finally, the authors find that, to fully exploit the networking effects on innovation, cooperation and trusting among partners involved in PPPs should be enhanced. Originality/value The developed framework identifies the relations existing between each PPP feature and the level of innovation and allows to define how these PPP features have to be structured to foster innovation. The authors contribute to fill the gap in the academic literature on PPP and innovation by proving whether and in which conditions the PPP model is capable of developing innovative solutions. Furthermore, they provide meaningful guidelines to those called to structure the PPP arrangements.
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Shankar Nayak, Bhabani. "Reification and praxis of public private partnerships in history." Society and Business Review 14, no. 1 (February 11, 2019): 63–70. http://dx.doi.org/10.1108/sbr-04-2018-0034.
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Purpose The purpose of this paper is to reject the essentialist and neoliberal approach to public–private partnerships (PPPs) by critically evaluating both normative and empirical arguments within existing literature on PPPs. It explores different dynamics of PPPs in theory and practice within global public policy. Design/methodology/approach The paper draws its methodological lineages to nonlinear historical narrative around the concept and construction of the idea and language of “PPPs”. The paper follows discourse analysis (Fairclough, 2003) to locate the way in which the PPPs were incorporated within the language of global public policy. Findings The paper finds that most of the existing literature is looking at managerial, operational, functional and essentialist aspects of PPPs. Therefore, the paper argues that critical success of PPPs depends on its social value for common good with an emancipatory outlook. The study encourages future researchers to move beyond functional aspects of PPPs and locate emancipatory possibilities within the praxis of PPPs from a holistic perspective of global public policy. Research limitations/implications The existing literature on the concepts and history of PPPs locate its relevance for budgeting and development planning in developed countries and developing countries. Such literature often draws out the advantages and disadvantages of these concepts with a strong focus on the financial implications to the shareholders. However, there appears to be less emphasis on the effects of these concepts and gaps between theory and practice of PPPs. Originality/value The paper rejects the essentialist and neoliberal approach to PPPs and argues for an emancipatory approach to understand and implement PPPs.
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Bao, Fengyu, Chuan Chen, Albert P. C. Chan, Igor Martek, and Asheem Shrestha. "Dynamic framework transfer model for public–private partnerships." Engineering, Construction and Architectural Management 26, no. 7 (August 19, 2019): 1218–39. http://dx.doi.org/10.1108/ecam-01-2018-0028.
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PurposePublic–private partnerships (PPPs) have emerged in developing countries, such as China, as a ubiquitous means by which government procures needed infrastructure. In this regard, they have been much studied. However, due to their long concession period, running into decades, few have run their full course into the transfer phase (TP) in which the PPP concession reverts from the private entity back to the public. In China, this is about to change as many PPPs approach their TP. Hence, the purpose of this paper is to comprehensively investigate the TP of PPPs in China.Design/methodology/approachA three-part methodology was undertaken to achieve the research purpose. Extensive literature review was first conducted to analyze the status quo of the transfer management regime in China, followed by the identification of critical challenges and the exploration of solutions via studying the TP of the Chengdu No. 6 Water Plant B Project – the first PPP in China’s water sector to reach the TP. Research procedures and outcomes were hierarchically visualized by using Integration DEFinition language 0 (IDEF0) method.FindingsThe current transfer management regime of PPPs in China’s water sector is deficient in many aspects. Based on the insight into the practice, a generic transfer process model with hierarchical structure process and sub-processes serving as a dynamic framework transfer model with self-evolving nature is developed to facilitate the successful transfer of the PPP utility.Originality/valueTo the authors’ best knowledge, this is the first attempt to systematically probe the TP of PPPs. Hopefully, the findings of this paper are to instruct government and PPP practitioners alike on mechanisms for smoothing the TP of further PPP projects ending their concession period.
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Bovaird, Tony. "Public–Private Partnerships: from Contested Concepts to Prevalent Practice." International Review of Administrative Sciences 70, no. 2 (June 2004): 199–215. http://dx.doi.org/10.1177/0020852304044250.
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This article explores the current state of knowledge in relation to public–private partnerships (PPPs), taken to mean working arrangements based on a mutual commitment (over and above that implied in any contract) between a public sector organization with any organization outside of the public sector. Since it originally became fashionable over 25 years ago, the concept of PPPs has been strongly contested. However, PPPs are now to be found in the public domain in many countries around the world and their number has been increasing in recent years. This article looks at how this has happened, what have been the strengths and weaknesses of this development and what the future may hold for PPPs. It argues that we are still at an early stage of learning which types of PPP are appropriate for which tasks and at managing PPPs to increase public value. It will be essential to apply principles of good governance to the future development of PPPs — but it will also be necessary to ensure that these principles are genuinely appropriate to the context in which these PPPs are working.
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Cieślak, Rafał, and Beata Marczewska. "Introduction to Hybrid Public Private-Partnerships in Poland." Financial Law Review 1, no. 1 (March 1, 2016): 39–51. http://dx.doi.org/10.1515/flr-2016-0004.
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Abstract Public-private partnership (PPP) is an alternative form of delivering public services by the private sector. The concept of hybrid PPPs developed by the European Commission puts emphasis on integration of the EU funding with the commercial financing supported by private investors. The Commission has introduced a number of advantages of so-called “blended” projects, and among them are: the opportunity to implement undertakings which otherwise would not be exclusively financed by commercial sources or reducing financial risk of projects. Hybrid PPPs demand respect for basic EU principles such as open market access, state aid regulations, protection of public interest and defining the optimal level of subsidization. In Poland PPP has been developing since 2009 when the legislation on PPP and concessions entered into force. The Polish legal framework allows the formation of hybrid PPPs according to the EU concept. Hybrid projects may be realized in a different variants, defining private partner’s role as a beneficiary or operator of the co-financed infrastructure, or mixed types of his engagement in projects.
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Ali, Zulfiqar, Sidra Irfan, and Yaamina Salman. "Effectiveness of Public Private Partnerships: A Systematic Literature Review." Journal of Management and Research 7, no. 2 (December 31, 2020): 104–45. http://dx.doi.org/10.29145/jmr/72/070204.
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Questions about the ‘effectiveness’ of Public-Private Partnerships (PPPs) have been raised for quite some time now. Although implementation and performance problems are given some attention while carrying out systematic literature review regarding PPPs, there is no systematic literature review available to the best of our knowledge that analyses/reviews the ways in which the effectiveness of PPPs is measured. This review of 107 articles intends to fill this gap by reviewing the peer-reviewed articles/papers published during the years 2000-2016. It particularly investigated three areas including (a) the ways in which the effectiveness of PPPs is defined, (b) methods used by the researchers to measure the effectiveness of PPPs, and (c) theories/perspectives explaining the effectiveness of PPPs. The results indicated that the effectiveness of PPPs is not clearly defined in the existing literature. Moreover, there is no consensus on what counts as an effective PPP. Regarding the methods of measurement, the overwhelming majority of researchers focused only on the identification of factors as opposed to the actual measurement of effectiveness. With respect to theoretical perspectives, governance theories were used in most cases. Based on the findings of this systematic literature review, it is recommended in the current research to use six broad categories of methods/factors identified as a starting point to measure the effectiveness of PPPs.
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Tshombe, Lukamba Muhiya, Thekiso Molokwane, Alex Nduhura, and Innocent Nuwagaba. "An Analysis of Public-Private Partnerships in East Africa." Research in World Economy 11, no. 5 (September 3, 2020): 152. http://dx.doi.org/10.5430/rwe.v11n5p152.
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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.
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Botlhale, E. K. "Financing Development Through Public Private Partnerships (PPPs) in Botswana." Africa’s Public Service Delivery and Performance Review 4, no. 1 (March 1, 2016): 26. http://dx.doi.org/10.4102/apsdpr.v4i1.105.
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Largely due to chronic fiscal stress since the recent global economic crisis, there are calls for alternative ways of financing economic development. Public Private Partnerships (PPPs) have been identified as such alternatives. There is an increasing awareness that the private sector is not a competitor but a strategic partner in the drive for economic development. Therefore, governments are leveraging on the benefits of PPPs. Using the case study of Botswana, which is experiencing revenue challenges as diamonds have not been selling well since 2008, this theoretical paper explores the possibility of using more PPPs to finance economic development. Grounded in interpretivist research methodology, using the survey research strategy and using secondary data sources in the form of a desk survey, it concluded that there is a case for the increased use PPPs to finance economic development. It further concluded that while there is demonstrated appetite for PPPs, to date, only a few projects have been procured through PPPs. Hence, moving forward, and given the deteriorating revenue situation, there is a need to use more PPPs to deliver economic development. Finally, the paper argues that there is a need to reform the current PPP legal-institutional architecture and bench-mark and peer-learn from best PPP practices in Africa such as South Africa and Nigeria and beyond.
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Lleshi, Ermira. "OVERVIEW OF LEGAL FRAMEWORK OF PUBLIC PRIVATE PARTNERSHIPS IN ALBANIA." CBU International Conference Proceedings 5 (September 23, 2017): 699–704. http://dx.doi.org/10.12955/cbup.v5.1010.
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Albania has made positive steps in improving the legal framework of Public Private Partnerships (PPPs) and the political environment. The laws have encountered several amendments in the last 10 years, but there is still room for improvement. Albania has incorporated the EU directives and the UNCITRAL recommendations into PPPs legislation and we have to admit the effectiveness of the law 125/2013 “On concessions and public private partnership.” This paper aims to present a view of the actual legal and sublegal framework of PPPs in our country and to note the development of this sector in potential benefits for both sectors, private and public.Moreover, judicial quality has improved in Albania even though there is room for further improvement. Moreover, there has been noticed a strengthening of institutional capacity due to co-ordination of consultants and external advisers, but government agencies are at the early stages of developing PPPs. The political environment for PPPs is favourable, especially in the energy and transport sector. Further improvement is required in the transparency and fairness of procedures in practice.
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Jurčík, R. "Public Private Partnerships and possibilities of their using in the field of Ministry of Agriculture ." Agricultural Economics (Zemědělská ekonomika) 52, No. 9 (February 17, 2012): 397–400. http://dx.doi.org/10.17221/5042-agricecon.
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Public-Private Partnerships (PPPs) are based on co-operation between the public and private sector. The reason for using it is a lack of public financial sources. For this reason, in most PPPs the management and financing of the project is entrusted to the private sector. In the Czech Republic, the widest development area for PPPs in the scope of the Ministry of Agriculture is probably water supply. The further areas for using of PPPs in the scope of this Ministry are the following: forestry, flood protection, adjustment of water flow, security of water sources, builging of the strategic foodstuff store. Important attempts have been made within the last year to increase the implementation of PPPs in water supply. These attempts are based on operation models similar to the BOT (Build Operate Transfer) and the DBFO (Design Build Finance Operate). In addition, the Czech Parliament adopted a law No. 139/2006 Coll., on concessions procedure and concession treaty which entered into force in July, 1<sup>st</sup>, 2006 and which brings the legal framework for realisation of the PPPs. There are some legal barriers which limited wide using of the PPPs. It is in the case of public-private venture companies (the limitation is in public procurement law). Public-private venture companies – which refer to the situation where both the private and the public sector holds equity, and, consequently, the company is controlled by the private as well as the public sector – should be the ideal form of PPPs in the areas which are in the scope of the Ministry of Agriculture.
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Nwangwu, George. "Stakeholder Opposition Risk in Public-Private Partnerships." International Journal of Economics and Financial Research, no. 52 (January 30, 2019): 36–42. http://dx.doi.org/10.32861/ijefr.52.36.42.
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This paper discusses stakeholder opposition risk. The analysis of project risks in Public Private Partnerships (PPPs) has traditionally focused more on political, construction, finance and other market-related risks with little attention paid to stakeholder opposition. The paper looks at the role of stakeholders in PPP projects and how they impact the success of projects, and contends that it is the misallocation of this risk to the private sector party, based on the principles of extant stakeholder theory that leads to public opposition to projects. Therefore, the stakeholder accountability theory is proposed as this approach properly recognizes the roles of both the public and private sector parties in the management of stakeholder opposition risk.
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VRANGBÆK*, KARSTEN. "Public–Private Partnerships in the health sector: the Danish experience." Health Economics, Policy and Law 3, no. 2 (April 2008): 141–63. http://dx.doi.org/10.1017/s1744133108004465.
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AbstractThis article investigates the current use of Public–Private Partnerships (PPP) in the Danish health sector based on an initial discussion of theoretical approaches that analyze PPP. The empirical analysis concludes that PPP has been used very sparsely in the Danish health sector. There are few examples of large-scale partnership projects with joint investment and risk taking, but a number of smaller partnerships such as jointly owned companies at the regional level. When defining PPP more broadly, we can identify a long tradition for various types of collaboration between public and private actors in health care in Denmark. An analysis of the regulatory environment is offered as an explanation for the limited use of PPPs in Denmark. Major political and institutional actors at the central level differ in their enthusiasm for the PPP concept, and the regulatory framework is somewhat uncertain. A number of general issues and concerns related to PPPs are also discussed. It is suggested that a risk-based framework can be useful for mapping the potential and challenges for both private and public partners. Such a framework can be used to feed into game theoretical models of pros and cons for PPP projects. In general terms, it is concluded that more empirical research is needed for the assessment of the various risk factors involved in using PPPs in health care. Most PPPs are still very young, and the evidence on performance and broader governance issues is only just emerging. Ideally, such assessments should include comparisons with a purely public alternative.
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Mouraviev, Nikolai, and Nada Kakabadse. "Impact of externalities on sustainable development: evidence from public-private partnerships in Kazakhstan and Russia." Corporate Governance 14, no. 5 (September 30, 2014): 653–69. http://dx.doi.org/10.1108/cg-03-2014-0037.
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Purpose – This paper aims to investigate the influence of public-private partnerships (PPPs) on social and economic conditions in Kazakhstan and Russia from a public economics perspective, namely, through the lens of a market failure and PPPs’ negative externalities. Design/methodology/approach – Drawing on the concept of a market failure and using the externalities perspective, the paper investigates whether partnerships are instrumental in solving market problems, which is illustrated by the evidence from ongoing PPP projects in Kazakhstan and Russia. Findings – Results show that citizens face expansion of monopolistic trends in the service provision and decreased availability of public services. Additionally, the government support to partnerships recreates a negative externality in the form of a higher risk premium on loan interest rates that banks use to finance PPPs. The partnerships’ impact on sustainable development often appears detrimental, as they significantly intensify the struggle between sub-national governments for increased transfers from the national budget. Practical implications – The government agencies must incorporate the appraisal of the PPP externalities and their effects on the society in the decision-making regarding the PPP formation. Originality/value – The authors suggest that, although government is interested in PPPs’ positive externalities, in reality many negative externalities may offset the positive spillover effects. As a result, the partnerships’ contributions to economic and social sustainability remain controversial. Extending the value-for-money concept to incorporate the assessment of PPP externalities might significantly enhance the partnership conceptualisation by more comprehensive and accurate assessment of PPPs’ economic and social value.
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Qin, Wenbo, Antonio Sánchez Soliño, and Vicente Alcaraz Carrillo de Albornoz. "Introducing Public-Private Partnerships for Affordable Housing in China." Open House International 42, no. 2 (June 1, 2017): 75–81. http://dx.doi.org/10.1108/ohi-02-2017-b0011.
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Though China is taking many steps to offer affordable houses to the public, the gap between the demand and supply for such affordable houses is still huge. Rapidly growing demand for affordable housing has encouraged large Chinese cities, faced with housing imbalance, to invest in developing affordable properties. As a result, the Chinese central government has started to encourage local governments to use Public-Private Partnerships (PPPs) and private capital to supplement the funding deficit. There is also an on-going debate regarding the need to establish prerequisites for institutions to meet in order to achieve effective PPPs. In this paper, we examine what the current institutional environment is in China and how China is meeting these prerequisites for effective PPPs. We also examine the main programs on affordable housing and propose a potential field for using PPPs. We draw the conclusion that PPPs are more favorable for renting-oriented type projects than owning-oriented projects. In this context, the advantages of the PPP model for China's renting-oriented affordable housing programs are would be the provision of private financing, the enhancing efficiency by involving private sector experts and the statement of bundling constructions and maintenance and operation work in the contract, which motivates the private sector to build properties up to standard for its cost efficiency from the whole project perspective.
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Shakirova, Razilya. "An investigation of government employees’ support for public-private partnerships." International Journal of Public Sector Management 30, no. 5 (July 10, 2017): 467–86. http://dx.doi.org/10.1108/ijpsm-05-2016-0093.
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Purpose The purpose of this paper is to investigate the factors that may influence support of public-private partnerships (PPPs) by government employees potentially involved in designing and implementing cross-sectoral collaborations. Design/methodology/approach Based on an original survey of government employees in the USA, this study explores the impact of individual, organizational and environmental factors on their support for PPPs by employing ordinary least squares regression. Findings Among the individual factors, involvement in PPPs and concerns for efficiency have been identified as factors having positive impact on government employees’ support for PPPs. Male government employees seem to be less supportive of PPPs than female government employees. Environmental factors such as public opinion and appointed agency heads positively influence government employees’ views of PPPs. No evidence for the significant impact of organizational factors on government employee perceptions of PPPs was found. Research limitations/implications Factors influencing government employees’ attitudes may also have an effect on employees’ behaviors when involved in PPPs. Further studies may clarify how attitudes are translated into behaviors and how they influence the performance of PPPs. Investigations into government employees’ views of PPPs before and after their actual involvement in partnerships may allow for identifying changes in employees’ support for PPPs and their possible causes. Originality/value This study investigates the impacts of individual, organizational and environmental factors on government employees’ support for partnerships with the private sector that remain under-researched in the literature.
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Прокофьева, А. И. "PUBLIC-PRIVATE PARTNERSHIPS DURING THE PANDEMIC." Вестник ГГНТУ. Гуманитарные и социально-экономические науки, no. 2(24) (August 27, 2021): 21–27. http://dx.doi.org/10.34708/gstou.2021.92.31.003.
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В статье автор изучает современное состояние рынка государственно-частного партнерства, а также сфер, наиболее и наименее пострадавших от последствий пандемии, вызванной коронавирусной инфекцией. Был сделан вывод, что пандемия нанесла огромный вред всем отраслям и сферам, в том числе и ГЧП. Исходя из статистических данных, автор констатирует, что наибольший урон нанесен проектам в социальной сфере, а также коммунально-энергетической сфере. Наибольшую стабильность демонстрирует транспортная сфера и сфера it-инфраструктуры. Автор пришел к выводу, что органы государственной власти принимают меры антикризисной поддержки регионов посредством запуска программы, основанной на содействии в подготовке и запуске ГЧП-проектов. Для сферы грузовых и пассажирских перевозок, сферы культуры, спорта и туризма были приняты особые меры поддержки. Однако не все регионы активно подключились к этой программе, что свидетельствует об отсутствии заинтересованности власти в развитии ГЧП и стабилизации экономики. По мнению автора, для преодоления последствий пандемии необходимо оказание прямой финансовой помощи, а также развитие цифровых и платформенных решений для эффективного диалога всех участников рынка, стимулирование внебюджетных инвестиционных ресурсов. In the article the author examine the current state of the public-private partnership market, as well as the areas most and least affected by the consequences of the pandemic caused by coronavirus infection. It was concluded that the pandemic has caused huge damage to all industries and areas, including PPPs. Based on statistical data, the authors state that the greatest damage was caused to projects in the social sphere, as well as in the utilities and energy sectors. The transport sector and the IT infrastructure sector demonstrate the greatest stability. The author concluded that the state authorities are taking measures to provide anti-crisis support to the regions by launching a program based on assistance in the preparation and launch of PPP projects. Special support measures were taken for cargo and passenger transport, culture, sports and tourism. However, not all regions actively participated in this program, which indicates the lack of interest of the authorities in the development of PPP and the stabilization of the economy. According to the author, in order to overcome the consequences of the pandemic, it is necessary to provide direct financial assistance, as well as to develop digital and platform solutions for an effective dialogue of all market participants, to stimulate extra-budgetary investment resources, etc.
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Sharifkhodjaev, U., and J. Abdullaev. "Public-Private Partnership and Its Definition." Bulletin of Science and Practice 7, no. 5 (May 15, 2021): 362–69. http://dx.doi.org/10.33619/2414-2948/66/36.
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This article discusses that public-private partnerships (PPPs) are an effective mechanism that will be used in the Republic of Uzbekistan in the future, which will be successfully used in developed countries and plays an important role in the further development of the business environment, small business and private entrepreneurship. There are also various definitions of PPP and its essence, interpreted by scientists, specialists and international financial institutions of foreign, CIS countries and national economists.
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Al-shareem, Khaled Mohammed, Nor'Aini Yusof, and Ernawati Mustafa Kamal. "External factors influencing the readiness for implementing public-private partnerships among public and private organizations in Yemen." Journal of Science & Technology Policy Management 6, no. 1 (March 2, 2015): 56–75. http://dx.doi.org/10.1108/jstpm-07-2014-0030.
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Purpose – This paper aims to examine the external factors that influence the implementation of the new concept of public-private partnerships (PPPs) in Yemen. Design/methodology/approach – This study used a self-administered questionnaire that was distributed to Yemeni organizations. Data were analyzed using factor analysis, with appropriate tests of reliability, consistency, correlation and multiple regression analysis. Findings – The findings indicate that implementation of PPPs are affected through the government policies, market readiness and environmental uncertainty. The empirical evidence also suggests that government policies are the main predictor to PPPs implementation in Yemen. The proposed conceptual framework can be useful in developing PPPs implementation. Originality/value – This study contributes to the existing literature on PPPs by providing empirical evidence to identify the external factors that influence the readiness to implement PPPs. Furthermore, the study adds value through its contextual originality, given that this study is the first to empirically use the readiness theory in PPP implementation. Moreover, this paper describes the first attempt to investigate the implementation of PPPs in the context of Yemen.
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Markovskaya, Elisaveta, Viktoria Holodkova, Dmitry Radushinsky, Oksana Feoktistova, and Anzhelika Borisova. "Public-private partnerships: approaches to assessing economic effects for stakeholders." MATEC Web of Conferences 170 (2018): 01047. http://dx.doi.org/10.1051/matecconf/201817001047.
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The article is devoted to the development of such a form of state property management as a public-private partnership. Public-private partnership is one of the most widespread format of interaction between the state and business. The article analyzes the legal foundations and trends in the development of this form of interaction. Modern methods for assessing risks, benefits and effects for different stakeholders of projects implemented in the form of PPPs are considered. The authors propose their approach to building a financial model and assessing the effects of PPP projects. Taking into account risks, the fair price of participation in the PPP project for both parties is estimated. The proposed financial model can be used to calculate the concession fee in tariff-regulated projects where the state is supposed to participate, usually with the subsequent transfer of the ownership for the created object to the state. The results of the work can be used by departmental and regional centers of public-private partnerships, by specialists of private investor companies and tariff regulation bodies when formulating the financial and economic justification for public-private partnership projects, justifying its preference in comparison with other forms of state budget investments.
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Węgrzyn, Joanna. "Research trends of public-private partnerships (PPPs) in Poland." Oeconomia Copernicana 6, no. 1 (March 31, 2015): 125. http://dx.doi.org/10.12775/oec.2015.007.
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Over the last two decades the attention given to the research on Public-private partnerships (PPPs) has been steadily increasing. Literature surveys on the research trends of PPP in English language publications suggest some emerging trends in the topics dedicated to the PPP. A similar compilation of PPP literature is not readily available on the grounds of national scientific research. That is why the aim of the article is to present contemporary trends that are being developed in Poland in the PPP filed. The indication of possible further research in the area of PPP is also an essential issue tackled in this article.
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Lienhard, Andreas. "Public Private Partnerships (PPPs) in Switzerland: experiences—risks—potentials." International Review of Administrative Sciences 72, no. 4 (December 2006): 547–63. http://dx.doi.org/10.1177/0020852306070083.
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The growing pressure for efficiency in Switzerland requires alternative forms of organization for fulfilling public tasks. Following an international trend, Public Private Partnerships are among those topics that are increasingly being discussed. The following article describes this context and communicates experiences gleaned from previous PPP projects in Switzerland. Economic and legal aspects are examined—taking the special characteristics of the Swiss political system into consideration. It is generally concluded that, in Switzerland, there is considerable potential for Public Private Partnerships, particularly in the areas of structural engineering, transportation, and local promotion. Realizing this potential, however, requires considerable effort, at the centre of which is a PPP competency network in which public authorities, private companies, and companies regulated by public law collaborate with organizations and private individuals who deal with PPPs either in the practical realm or the academic setting.
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Jayasuriya, Sajani, Guomin Zhang, and Rebecca Jing Yang. "Challenges in public private partnerships in construction industry." Built Environment Project and Asset Management 9, no. 2 (June 10, 2019): 172–85. http://dx.doi.org/10.1108/bepam-01-2018-0024.
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PurposePublic private partnerships (PPPs) face challenges in implementation and operation, and need efforts to improve their performance. The purpose of this paper is to review the PPP literature quantitatively and qualitatively, in order to establish challenge themes and set research directions.Design/methodology/approachMore than 4,000 papers published between 2008 and 2017 were retrieved. From this collection, papers from five major international journals were selected to explore extant PPP research findings under six main PPP challenges including: challenges related to financial management, concession period and price determination, operational phase, risk management, PPP project procurement and stakeholder management (SM). Initially, the papers were categorised quantitatively into the identified challenges and subsequently the articles were qualitatively analysed and discussed.FindingsPoor SM, the complexity of risk management models, project delivery time and cost overruns, inadequate consideration of whole life-cycle aspects and over-reliance on a Public Sector Comparator for evaluating PPPs are found to be the most commonly encountered issues. These all warrant more extensive attention and innovative solutions.Practical implicationsPPP projects have faced many challenges in practice and also existing research findings have limited application in practice. Challenges highlighted in this research can be a focus area in practice to improve the performance of PPPs.Originality/valueNo previous reviews have explored the challenges relating to PPP projects and how they can then addressed by further studies in the field. This review is intended to address that gap, and should help to shed light on further research directions to address the emerging challenges in PPP procurement.
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Fombad, M. C. "Enhancing accountability in public–private partnerships in South Africa." Southern African Business Review 18, no. 3 (January 29, 2019): 66–92. http://dx.doi.org/10.25159/1998-8125/5686.
Full textAbstract:
South Africa, like other developing countries, has joined other nations around the world in resorting to public–private partnerships (PPPs) as an integral strategy to improve its deeply rooted socio-economic, political, fiscal and societal problems and to meet the pressure of attaining the goals of national and international developmental projects. In spite of the reasons advanced for the importance of PPPs as an alternative service-delivery option, several doubts about the efficacy of accountability and suggestions that it may undermine public control have been expressed. Given the importance of accountability, this paper seeks to determine some approaches to enhance accountability in public–private partnerships in South Africa. It identifies some of the accountability challenges and suggests ways of overcoming them.