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The refinancing of PFI (Private Finance Initiative) projects represents one of the most contentious aspects of Public Private Partnerships (PPPs) in the UK. The negative publicity associated with UK PFI refinancing deals is associated with several factors, including, evidence of massive private...
Persistent link: https://www.econbiz.de/10009435322
Purpose – The purpose of this paper is to explore the implications of the Global Financial Crisis (GFC) on Public Private Partnership (PPP) markets around the world. Specifically, it aims to highlight the extent of over reliance on debt finance, as well as the conditions needed to attract...
Persistent link: https://www.econbiz.de/10014869081
To enhance private sector development and increase the impact of Private Sector Development (PSD) Strategy Projects, there is a need for a comprehensive program that will link business climate reforms to cluster development initiatives and to improvements at the firm level. To develop such an...
Persistent link: https://www.econbiz.de/10009291869
This report provides a review of IDB Group activities supporting private participation in infrastructure between 1990 and 1997. It is intended to serve as a reference in the development of its infrastructure strategies. By compiling in a single document all the actions that promote private...
Persistent link: https://www.econbiz.de/10009322791
Because of the complexities associated with the water pricing and public-private partnership issue and their relevance to water management of the future, the Third World Water Centre for Water Management, the Inter-American Development Bank and the Agencia Nacional de Aguas of Brazil sponsored...
Persistent link: https://www.econbiz.de/10009323797
This research was sponsored jointly by EPSRC and DETR and involved Carillion, Royal Bank of Scotland, Morrison Construction, Amec, Centre for the Built Environment in Glasgow and Public-Private Partnership Programme Ltd as partners.
Persistent link: https://www.econbiz.de/10009458988
The wherewithal of achieving best value in private finance initiative (PFI) projects and the associated problems therein are documented. In the UK, PFI has offered a solution to the problem of securing necessary investment at a time of severe public expenditure restraint. In PFI schemes, the...
Persistent link: https://www.econbiz.de/10009458989
Abstract: Purpose – The UK Government has now adopted Private Finance Initiative (PFI) as a major vehicle for the delivery of additional resources to the health sector in order to achieve a greater investment in healthcare facilities. The purpose of this paper is to examine the trends and risk...
Persistent link: https://www.econbiz.de/10009458990
The UK's Private Finance Initiative now involves billions of pounds' worth of capital investment in the public sector. Achievement of value for money is, therefore, a very important consideration. This study into value for money and economic analysis of PFI projects is based on empirical...
Persistent link: https://www.econbiz.de/10009465854
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