Description
Book SynopsisWith the introduction of new market-oriented approaches to infrastructure finance policy decision-making in the national and subnational public sectors, there is a greater emphasis on the need for resource efficiency in the delivery of public services. There is also a critical need to evaluate and assess the effectiveness of infrastructure finance policy implementation. Public-Private Partnerships (PPPs) bring an agility and fresh perspective to the financing and delivery of public goods and services, and allow for a higher level of creativity, innovation, and flexibility during times of dynamic change and high demand for responsive solutions.
By introducing a comprehensive new lens through which to view infrastructure finance policy as an instrument capable of achieving long-term national and subnational policy objectives, this study offers a unique insight into the potential benefits of the adoption of PPPs within the context of long-term capital investment planning. Through the examination of case studies from the United States, Albania and Mauritius, the author presents a transparent and integrated analysis of the role of PPPs as a policy option within this context. By demonstrating how PPPs can be utilized as a means of efficiently financing and delivering capital infrastructure projects within unified and comprehensive capital management and budgeting systems, this book is essential reading for researchers, policy decision-makers and students of public policy, capital budgeting and infrastructure finance.
Table of ContentsPart 1: Overview of Public-Private Partnerships as Public Policy Chapter 1. Overview of Public-Private Partnerships Chapter 2. Infrastructure Finance Policy Implementation Chapter 3. Legal Framework Governing PPPs Part 2: Public Sector and Private Sector Value Differences Chapter 4. The Role of Infrastructure Finance Policy in Shaping Public Value Part 3: Infrastructure Finance Policy and PPPs at the National, Subnational and International Levels Chapter 5. Infrastructure Finance Policy, Capital Management and Budgeting Processes and PPPs as an Infrastructure Financing Option Part 4: Infrastructure Finance Policy Implementation Practices Chapter 6. Issues in Infrastructure Finance Policy Implementation Chapter 7. Best Practices in PPP Policy Choice Based on Infrastructure Finance Policy and Implementation Chapter 8. Summary Chapter 9. Infrastructure Finance Policy Design and Implementation Strengths and Limitations
