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Due to special characteristics of Public Private Partnerships (PPPs), the ―transaction cost‖ in PPPs is more than other delivery methods. Although there have been some attempts to study transaction costs in PPPs in Europe, transaction costs of PPPs in the US has not been explored well, and...
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finance them. There is therefore a need, and an opportunity, for substantial foreign private finance. However, to date, while … private finance routinely finances infrastructure elsewhere in the world, in Africa it has been very limited. This article … sets out the chain of impediments to scaling up private finance and suggests ways of addressing them. …
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