How do governments establish successful long-term public-private
partnerships (PPPs) in emerging PPP markets? How do they ensure that
the public partner has the right information, on the right projects,
for the right partners, at the right time?
This book guides the reader through the life of a PPP and provides a
realistic overview of the necessary steps to successfully engage and
manage such a partnership from the early stages. It presents a
framework that highlights the requirements, options, and challenges
that governments are likely to face when embarking into PPPs, and
explains how to address them so that a sound PPP program can be
implemented and the benefits for both partners—public and
private—can fully materialize. This book draws on experiences
from both mature and developing PPP markets across the world, and case
studies illustrate the key messages throughout.
'How to Engage with the Private Sector in Public-Private
Partnerships in Emerging Markets' discusses the policies,
processes, and institutions needed to select the right projects and
then manage preparation for market and subsequent operation. This book
identifies the underlying principles of why and how the various
processes are carried out. It illustrates how a wide range of PPPs can
be implemented in different sectors and how legal and administrative
systems vary. Particularly important in light of the recent financial
crisis, this book provides an introduction to the various approaches to
finance projects as well as the policy responses that governments have
recently adopted. It also looks at the role and proper selection of
advisers to support the government in the preparation, bidding, and
monitoring of PPPs.
This book is especially valuable for public officials who are
involved with infrastructure projects and services through partnership
with the private sector and for decision makers in institutions who are
looking to support PPP programs.
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