PPI Partnerships vs. PPI Divorces in LDCs

Abstract

In the last 15 years, a variety of public private-partnerships in infrastructure have been adopted throughout the developing and transition world. Because many of these experiences are also turning sour, it seems important to separate facts from emotions. The paper argues that the wide differences in interpretations of the facts can be explained by differences in the assessment criteria used to assess the incremental effect of reforms. It is also driven by the sectors, the regions and the actors on which the analysis tends to focus. Copyright Springer 2006infrastructure privatization, regulation,

Institutional barriers to a ‘perfect’ policy: A case study of the Senegalese Rural Electrification Plan

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Financing Green Urban Infrastructure

“…The PPP model has been widely adopted for public infrastructure projects in both developed and developing countries around the world (Estache, 2006). PPPs present numerous advantages on paper, but their effectiveness can only be assessed in comparison with other management methods.…”

“…Beneficially, this includes renegotiations to -realign‖ the contract with its economic environment (Brux, 2010). However, contract incompleteness also leaves room for strategic actions that result in costly renegotiations, unjustified from a social point of view; these renegotiations are generally bilateral and exclude important stakeholders -the consumers and citizens (Estache, 2006).…”

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