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, once the private entity has recovered its investment and obtained a certain return, the infrastructure reverts to the …-Operate-Transfer (BOT) contracts where a private entity builds the infrastructure and operates it for a specific period. Then, in theory … transfer of ownership rights to the infrastructure assets is not feasible …
Persistent link: https://www.econbiz.de/10014208789
Public-Private Partnerships (PPPs) have been widely advocated as flexible contractual solutions enabling the public sector to profit from private firms' innovative solutions for providing additional (possibly by increasing the infrastructural stock) and more valuable public services. Recently,...
Persistent link: https://www.econbiz.de/10013111815
This paper explores the procurement of public buildings in local authorities in the UK under the Private Finance Initiative (PFI) and its consequences for small and medium sized enterprises. Following an outline of the development of PFI in the UK, the paper explains the peculiarities of local...
Persistent link: https://www.econbiz.de/10010305664
The construction sector plays a key role in providing structures for economies. This paper surveys the literature on key issues pertaining to the construction sector. It starts by summarizing our knowledge about differences in unit costs across time and space. It then discusses key bottlenecks...
Persistent link: https://www.econbiz.de/10011944112
relationship among the variables. Also, the panel dynamic OLS revealed that a 1percent change in infrastructure (capital) and … recommends that public expenditure on infrastructure in the selected African countries be appropriately channeled to stimulate … investment and production, thereby stabilizing prices. …
Persistent link: https://www.econbiz.de/10013362928
performance - affordable and efficient public infrastructure and services - remains lacking in this region - notably, in Sub …-Saharan Africa. To address this, the region itself has initiated a major, long-term, continent-wide infrastructure development … programme which is intended to fix this problem sustainably - namely, the Programme for Infrastructure Development in Africa …
Persistent link: https://www.econbiz.de/10010435379
This paper explores the procurement of public buildings in local authorities in the UK under the Private Finance Initiative (PFI) and its consequences for small and medium sized enterprises. Following an outline of the development of PFI in the UK, the paper explains the peculiarities of local...
Persistent link: https://www.econbiz.de/10005864475
performance - affordable and efficient public infrastructure and services - remains lacking in this region - notably, in Sub …-Saharan Africa. To address this, the region itself has initiated a major, long-term, continent-wide infrastructure development … programme which is intended to fix this problem sustainably - namely, the Programme for Infrastructure Development in Africa …
Persistent link: https://www.econbiz.de/10010426539
The construction sector plays a key role in providing structures for economies. This paper surveys the literature on key issues pertaining to the construction sector. It starts by summarizing our knowledge about differences in unit costs across time and space. It then discusses key bottlenecks...
Persistent link: https://www.econbiz.de/10011938180
This paper explores the procurement of public buildings in local authorities in the UK under the Private Finance Initiative (PFI) and its consequences for small and medium sized enterprises. Following an outline of the development of PFI in the UK, the paper explains the peculiarities of local...
Persistent link: https://www.econbiz.de/10009207054