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Public-private partnership (PPP)-based infrastructure projects generally face many risks and uncertainties at all stages of the project, including initial studies, design, construction, and operation. This causes many challenges such as increased costs, delays in the project and loss of...
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Private Sector Investment in Infrastructure', now in its fourth edition, is a practical, hands-on book elucidating how the private sector (through ? Public-Private Partnerships (PPPs)) can furnish more efficient procurement, cheaper, faster, and better quality; refocus infrastructure services on...
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This economic policy note presents the dilemma between private infrastructure and public risk. The note examines the fact that, increasingly, governments in many developing countries are relying on the private sector to provide infrastructure services, thus being forced - because of policy...
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To manage their exposure arising from guarantees to infrastructure projects, governments need to adopt modern risk management techniques. The authors introduce an integrated risk management system that draws on recent advances in the private sector. Adapted for use in the public sector, the...
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Public-private partnership (PPP) contracts are frequently used in the provision of public services. One of the key points to consider in these contracts (and from which much of its convenience derives) is the allocation of risks to the party that has the best capacity to avoid them or, if they...
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