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Public-Private Partnerships (PPP) is a ubiquitous reality. In Africa, the wave of PPP has hit states in their infancy – still moulding following only 50 years since independence. The common perspective of PPP on the realms of scholarship is transactional (focused on the delivery-end of...
Persistent link: https://www.econbiz.de/10013004254
This paper attends to institutional challenges Sub-Saharan Africa (SSA) faces in its attempt to capture private finance for transport infrastructure management. The paper starts with an exposition of the state of the road network in SSA, identifying a major gap in investment. This gap is partly...
Persistent link: https://www.econbiz.de/10013016735
Sub-Saharan Africa (SSA) needs to invest 1.5-2.0 percent of its gross domestic product (GDP) on roads annually, over at least five years, which amounts to typically a threefold increase in spending. Otherwise the road network will continue to pose a major impediment to achieving the first goal...
Persistent link: https://www.econbiz.de/10013016741
A weather beaten economy has become a wake up call. The International Energy Agency predicts that carbon emissions will rise 130 percent and oil demand will rise 70 percent by 2050. A sound energy policy that addresses climate change relies upon widespread transfer and implementation of...
Persistent link: https://www.econbiz.de/10012751403
Global energy demand is likely to increase by 45 percent by 2030. Climate change will threaten existing employment and necessitate new green jobs. Funding has gone towards such renewable energy technologies as wind and solar; such fuel economy options as second-generation hybrids, plug-in...
Persistent link: https://www.econbiz.de/10012753535
Enhanced autonomy of sub-national governments has spurred innovative management. Spending assignments across levels of government, however, often overlap and/or are not yet fully understood by most citizens. Sub-national governments’ accountability is further reduced by the heavy reliance on...
Persistent link: https://www.econbiz.de/10012445429
In about two decades, Spain was transformed from one of the most centralised countries to one of the most decentralised. Spending functions were devolved rapidly. The regions have exercised their discretionary powers quite extensively and innovative policies have been implemented. But devolution...
Persistent link: https://www.econbiz.de/10012445672
Presents a complete and detailed constitutional framework applying the rational self-interest model and market mechanisms to intra and inter- governmental behaviour and collective decisions. In particular, the paper presents an enabling mechanism for the creation, adjustment and dissolution of...
Persistent link: https://www.econbiz.de/10005076593
Como parte de un trabajo más extenso sobre el gasto público nacional en la región Caribe y el ordenamiento territorial en el período 1995-20071, en este documento se analizan las asignaciones del presupuesto general de la nación para la inversión regionalizable, entre los años 1995-2007...
Persistent link: https://www.econbiz.de/10009225850
This paper sheds light on the heavy financial burden on peasants in China's fiscal decentralization system. Using a political economy framework, this paper explores the tax-farming nature of China's fiscally decentralized system and examines why the system incurs a particularly heavy financial...
Persistent link: https://www.econbiz.de/10009352240