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This paper analyzes the experience, high incidence, lesson learned and reflections on the issue renegotiations in Latin America, based in the evolution of PPP contracts through the last 25 years. The paper also shows how countries via new PPP laws, regulations, norms and specific platforms can...
Persistent link: https://www.econbiz.de/10010478579
Public-private partnerships (PPPs) have the potential to increase efficiency and improve resource allocation. However, contract renegotiations are common and make us question the benefits to PPPs. Under current accounting standards, PPPs allow intertemporal reallocations of infrastructure...
Persistent link: https://www.econbiz.de/10010478590
We assembled a large panel of project-level technical and financial data and country-level economic, institutional, political, and governance variables to assess the determinants of private financing of infrastructure in emerging markets and developing economies. Controlling for economic...
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Well-developed infrastructure systems and services are vital means of enhancing the connectivity of Asia-Pacific Economic Cooperation (APEC) member economies. In essence, efforts by APEC to enhance connectivity through infrastructure should be considered regional public goods since these create...
Persistent link: https://www.econbiz.de/10010482106
Le présent rapport est consacré au financement des projets d’investissement dans les infrastructures (de transport). Ses auteurs examinent de près les défaillances du marché en raison desquelles le secteur privé ne parvient pas à combler à lui seul l’intégralité des besoins en...
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