2019
DOI: 10.1108/ijpsm-01-2018-0001
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Public-private partnerships in developing countries

Abstract: 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 countrie… Show more

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Cited by 34 publications
(20 citation statements)
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References 36 publications
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“…Taking interest in the Middle East specifically is necessary due to its increasing role in worldwide economics, as well as for its peculiarities that differentiate it from the rest of the world [17]. Indeed, private sector investment in the Middle East has been a foundation of development projects since the Islamic revolution and subsequent governmental changes, and the use of the capacities of the private sector in the acquisition of capital assets for projects using the PPP model has been prioritized in the Iranian national budget over the March 2018-March 2019 period [18]. With that in mind, this work tries to answer to these interrelated research questions:…”
Section: Of 20mentioning
confidence: 99%
“…Taking interest in the Middle East specifically is necessary due to its increasing role in worldwide economics, as well as for its peculiarities that differentiate it from the rest of the world [17]. Indeed, private sector investment in the Middle East has been a foundation of development projects since the Islamic revolution and subsequent governmental changes, and the use of the capacities of the private sector in the acquisition of capital assets for projects using the PPP model has been prioritized in the Iranian national budget over the March 2018-March 2019 period [18]. With that in mind, this work tries to answer to these interrelated research questions:…”
Section: Of 20mentioning
confidence: 99%
“…They are; (1) Assessment of the cost and benefits (2) Legal framework (3) Project technical feasibility (4) Availability of suitable and adequate financial (5) Technical innovation and technology transfer and (6) Favorable investment environment (Babatunde et al, 2016). Kang et al, (2019) identified five broad categories of factors that directly affect a successful PPP. The factors are political, legislative, economic, financial and management requisites.…”
Section: Challenges and Critical Factorsmentioning
confidence: 99%
“…Uninterrupted power supply to the country is the prime responsibility of the policymakers which in turn will result in driving the whole economy through all industries (Chaurey et al, 2012). Due to fiscal constraints, as a policy of government fiscal consolidation (Kang et al, 2019) CEB has been off-loaded from the budget of the Government (Ministry of Finance, 2015). In the meantime, CEB has failed to retain cash flows to invest in projects due to accelerated generation costs (Ceylon Electricity Board, 2017).…”
Section: Introductionmentioning
confidence: 99%
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“…The 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 (Kang, 2019).…”
Section: Introductionmentioning
confidence: 99%