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Public-Private Partnership Projects in Infrastructure: An Essential Guide for Policy Makers

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Infrastructural investment is critical to economic growth, quality of life, poverty reduction, get right of entry to to education, health care, and the achievement of a few of the goals of a robust economy. But infrastructure is difficult for the public sector to get right. Public-private partnerships (PPPs) can assist; they are able to provide more efficient procurement, focal point on consumer satisfaction and lifecycle maintenance, and provide new sources of investment, in particular through limited recourse debt. But PPPs present challenges of their own. This book provides a practical guide to PPPs for policy makers and strategists, showing how governments can enable and encourage PPPs; providing a step by step analysis of the development of PPP projects; and explaining how financing works, what contractual structures seem like, and how risk allocation works in practice. It includes specific discussion of every infrastructure sector, with a focal point at the strategic and policy issues essential for successful development of infrastructure through PPPs. This second edition includes new sections on institutional frameworks, mechanisms for leveraging public financing, small scale PPP projects and more.

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