Public–Private Partnerships for Infrastructure Development

Levitt, Raymond; Scott, W. Richard; Garvin, Michael J.

doi:10.4337/9781788973182

Cited by 18 publications

(17 citation statements)

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“…Understanding the new project delivery arrangements requires an appreciation of how infrastructure was owned, organized, and managed in the past. In the United States and Europe, telegraph, telephone, railway, electricity, and many other infrastructure networks in the 19th century were initially financed and built by private firms in a competitive market (Levitt, Scott, & Garvin, 2019). These early forays were subject to market failure after some initial successes, and private firms could no longer attract investment or offer efficient alternatives to local, regional, or national monopolies.…”

Section: Delivering Infrastructure In a Changing Political Environmentmentioning

confidence: 99%

“…During the 1980s and 1990s, however, when a liberal political agenda took hold in the United States, United Kingdom, and elsewhere, calls intensified for private sector involvement in the construction and operation of national infrastructure utilities, airports, ports, railways, and other networks. Facing increasing pressure to reduce public spending, governments around the world began to explore how the private sector could be used to finance and build infrastructure projects (Gil & Beckman, 2009; Levitt et al, 2019). There were two main arguments motivating this agenda.…”

Section: Delivering Infrastructure In a Changing Political Environmentmentioning

confidence: 99%

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Delivery Model Innovation: Insights From Infrastructure Projects

Davies

MacAulay

Brady

2019

Project Management Journal

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This special issue seeks to bring together contributions of a nascent community of scholars studying infrastructure delivery models; what they are, how they are created, and how they change over time and across institutional fields. This area of research is crucial to advancing the field of project management and, with its links to neighboring fields such as innovation, organizational theory, and strategic management, is a fertile ground for developing new insights and knowledge. Before we introduce the articles that make up the special issue, we describe the policy environment and drivers for innovation in infrastructure delivery models, situate infrastructure delivery models within project management scholarship, and provide some conceptual scaffolding for considering the nature of innovation in delivery models. We then turn to a discussion of how each article in the special issue advances our knowledge of delivery models and project management. Drawing inspiration from the articles, we conclude by sketching out the building blocks and core conceptual components of a delivery model, and laying the foundations for a more nuanced comparison of existing, emerging, and novel delivery models over time and across institutional fields. What is Infrastructure and Why Is It Important? Infrastructure incorporates the systems, network utilities, constructs, and other physical assets that underpin and enable social and economic development (Bell, 1973; Chandler, 1977). It connects firms and markets and provides people, communities, and organizations with essential services. It creates significant benefits, both directly through the services it delivers, and indirectly, through the impact of those services on the rest of the economy. Countries depend on infrastructure to move people, materials, goods, and information rapidly, efficiently, and reliably between geographical locations (e.g., road, rail, aviation, and telecommunications); to provide access to dependable and secure sources of water and energy (e.g., water, gas, electricity, nuclear, and renewables); to process and treat waste (e.g., sewer systems and incineration plants); to educate, support, and protect a literate, healthy, and law-abiding population (e.g., schools, public housing, prisons, and hospitals); and to create a culturally diverse and advanced civil society (e.g., sport stadiums, opera houses, and other distinctive buildings). Infrastructure is expensive to build, operate, and maintain, and often produces large negative externalities, such as CO 2 emissions, noise, and pollution. It is typically long-lived, so the costs of any poor choices, let alone mistakes, can last for generations. And, as we will see, major infrastructure projects are often delivered late, over budget, and fail to achieve their expected benefits. Given its importance for the prosperity of societies in the 21st century, public and private actors are searching for new and improved ways of delivering infrastructure projects. In mature market economies, governments in the United Stat...

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Section: Delivering Infrastructure In a Changing Political Environmentmentioning

confidence: 99%

Section: Delivering Infrastructure In a Changing Political Environmentmentioning

confidence: 99%

Delivery Model Innovation: Insights From Infrastructure Projects

Davies

MacAulay

Brady

2019

Project Management Journal

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“…Furthermore, there is in general no clear gap between the eigenvalues that are sought and the rest. Another example of the ill-conditioned eigenvalue problem (1.1) arises from modeling protein dynamics using normal-mode analysis [11,17,2,10].…”

Section: Introductionmentioning

confidence: 99%

Convergence Analysis of a Locally Accelerated Preconditioned Steepest Descent Method for Hermitian-Definite Generalized Eigenvalue Problems

Cai¹

2018

JCM

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By extending the classical analysis techniques due to Samokish, Faddeev and Faddeeva, and Longsine and McCormick among others, we prove the convergence of preconditioned steepest descent with implicit deflation (PSD-id) method for solving Hermitian-definite generalized eigenvalue problems. Furthermore, we derive a nonasymptotic estimate of the rate of convergence of the PSD-id method. We show that with the proper choice of the shift, the indefinite shift-and-invert preconditioner is a locally accelerated preconditioner, and is asymptotically optimal that leads to superlinear convergence. Numerical examples are presented to verify the theoretical results on the convergence behavior of the PSD-id method for solving ill-conditioned Hermitian-definite generalized eigenvalue problems arising from electronic structure calculations. While rigorous and full-scale convergence proofs of preconditioned block steepest descent methods in practical use still largely eludes us, we believe the theoretical results presented in this paper sheds light on an improved understanding of the convergence behavior of these block methods.

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“…Comprehensive efforts to that aim are much needed. The volume Public–Private Partnerships for Infrastructure Development: Finance, Stakeholder Alignment, Governance , edited by R. E. Levitt et al (2019), offers various valuable contributions to that agenda.…”

mentioning

confidence: 99%

“…To gain more insight into PPPs for transport infrastructure development beyond the United States, a nice compeer can be found in, for instance, the edited volume by Roumboutsos (2016; for a review see Verweij, 2017), in which similar issues and questions are addressed for Europe. A risk with edited volumes is always that inconsistencies creep in the text; and this also happened in Levitt et al’s (2019) volume. An issue I wish to highlight here, given the many concerns that have been raised about it in the literature (see for example, Wettenhall, 2010), concerns an inconsistency in how PPP is defined in the book.…”

mentioning

confidence: 99%

Book Review: Public–private partnerships for infrastructure development: Finance, stakeholder alignment, governance

Verweij

2020

Public Works Management & Policy

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Public–Private Partnerships for Infrastructure Development

Cited by 18 publications

References 0 publications

Delivery Model Innovation: Insights From Infrastructure Projects

Delivery Model Innovation: Insights From Infrastructure Projects

Convergence Analysis of a Locally Accelerated Preconditioned Steepest Descent Method for Hermitian-Definite Generalized Eigenvalue Problems

Book Review: Public–private partnerships for infrastructure development: Finance, stakeholder alignment, governance

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