Global Developments In Public Infrastructure Procurement

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Global Developments In Public Infrastructure Procurement
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Author : Darrin Grimsey
language : en
Publisher: Edward Elgar Publishing
Release Date : 2017-11-24
Global Developments In Public Infrastructure Procurement written by Darrin Grimsey and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-24 with Business & Economics categories.
There is widespread acceptance of the importance of infrastructure, but less agreement about how it should be funded and procured. While most public infrastructure is still provided in-house or by traditional procurement methods – with well-researched strengths and weaknesses – the development of service concession arrangements has seen a greater emphasis on lifecycle costing, risk assessment and asset design as featured in a variety of public private partnership (PPP) delivery models. This book examines the various procurement approaches, and provides a framework for comparing their advantages and disadvantages. Drawing on international experience, it considers some of the best and worst examples of PPPs, and infrastructure projects generally, along with the lessons for improving infrastructure procurement processes.
Public Private Partnerships
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Author : Darrin Grimsey
language : en
Publisher: Edward Elgar Publishing
Release Date : 2007-01-01
Public Private Partnerships written by Darrin Grimsey and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-01-01 with Business & Economics categories.
This path-breaking book considers the recent trend for governments to look increasingly to private sector finance, provided by private enterprises constructing and managing public infrastructure facilities in partnership with government bodies. 'The boundaries between the public and private sector are the most important political issue of our time.'
Proceedings Of The 24th International Symposium On Advancement Of Construction Management And Real Estate
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Author : Gui Ye
language : en
Publisher: Springer Nature
Release Date : 2021-06-07
Proceedings Of The 24th International Symposium On Advancement Of Construction Management And Real Estate written by Gui Ye and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-07 with Business & Economics categories.
This book covers various current and emerging topics in construction management and real estate. Papers selected in this book cover a wide variety of topics such as new-type urbanization, planning and construction of smart city and eco-city, urban–rural infrastructure development, land use and development, housing market and housing policy, new theory and practice of construction project management, big data application, smart construction and BIM, international construction (i.e., belt and road project), green building, off-site prefabrication, rural rejuvenation and eco-civilization and other topics related to construction management and real estate. These papers provide useful references to both scholars and practitioners. This book is the documentation of “The 24th International Symposium on Advancement of Construction Management and Real Estate,” which was held in Chongqing, China.
Economic Analysis And Infrastructure Investment
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Author : Edward L. Glaeser
language : en
Publisher: University of Chicago Press
Release Date : 2021-11-11
Economic Analysis And Infrastructure Investment written by Edward L. Glaeser and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-11-11 with Business & Economics categories.
"Policy-makers often call for expanding public spending on infrastructure, which includes a broad range of investments from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to near-term macro-economic benefits and job creation, others focus on long-term effects on productivity and economic growth. This volume explores the links between infrastructure spending and economic outcomes, as well as key economic issues in the funding and management of infrastructure projects. It draws together research studies that describe the short-run stimulus effects of infrastructure spending, develop new estimates of the stock of U.S. infrastructure capital, and explore the incentive aspects of public-private partnerships (PPPs). A salient issue is the treatment of risk in evaluating publicly-funded infrastructure projects and in connection with PPPs. The goal of the volume is to provide a reference for researchers seeking to expand research on infrastructure issues, and for policy-makers tasked with determining the appropriate level of infrastructure spending"--
The Routledge Handbook Of Infrastructure Finance
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Author : Joshua Yindenaba Abor
language : en
Publisher: Taylor & Francis
Release Date : 2025-08-06
The Routledge Handbook Of Infrastructure Finance written by Joshua Yindenaba Abor and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-08-06 with Business & Economics categories.
This handbook provides a comprehensive overview of infrastructure financing from a global perspective. It offers an extensive examination of infrastructure financing worldwide. It encompasses a wide range of subjects concerning infrastructure finance, including different project types, financing options, and the functions performed by public and private sector entities in financing and overseeing infrastructure initiatives. Given that infrastructure investment is crucial to socio-economic growth and development, it has become a critical policy priority for governments, investors, and other stakeholders around the world. It is intended for a wide range of readers interested in infrastructure finance, including academics, researchers, students, policymakers, and practitioners. The handbook offers an in-depth and interdisciplinary overview of infrastructure finance, covering topics such as project finance, public-private partnerships (PPPs), institutional investors, risk management, sustainability, and regulation. As a result, the book is relevant to those studying or working in fields such as project and infrastructure finance, finance, development finance, accounting, economics, public policy, real estate, and sustainability. The global perspective of this book also makes it valuable for those interested in the unique challenges and opportunities associated with infrastructure finance in different regions of the world. Overall, The Routledge Handbook of Infrastructure Finance serves as a valuable resource for anyone seeking to deepen their knowledge and understanding of infrastructure finance in today's complex and rapidly changing global economy.
Procurement And Politics
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Author : Andrea Migone
language : en
Publisher: Springer Nature
Release Date : 2023-06-21
Procurement And Politics written by Andrea Migone and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-06-21 with Political Science categories.
This open access book compares the experiences of large-scale military procurement in Canada and Australia. Focusing on the recent frigate and jet-fighter programmes, it demonstrates how delays suffered in delivering weapons systems and platforms in these countries have been caused by misalignments between the strategic requirements set out by the armed forces and government defence policies. By bringing the insights of public management and administration to those of defence studies, the book presents policy options that will help improve the nature of future large-project military procurement. It will appeal to scholars and students of public administration, public management, and defence studies, as well as practitioners and policymakers.
Hidden Debt
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Author : Martin Melecky
language : en
Publisher: World Bank Publications
Release Date : 2021-08-06
Hidden Debt written by Martin Melecky and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-08-06 with Business & Economics categories.
The COVID-19 crisis, which has sent economies in South Asia and around the world into a deep recession, has highlighted South Asia’s rising debt levels and sizable hidden liabilities. State-owned enterprises, state-owned commercial banks, and public-private partnerships have been at the center of the rising debt wave and the latest pandemic response. Historically,South Asia has relied on these direct public interventions more than other regions. The interventions have helped governments tackle key development challenges and rapidly deliver relief measures during crises. However, because of their inefficiencies and weak governance, the interventions are also a significant source of public indebtedness and macrofinancial risks.Hidden Debt examines the trade-off between tackling development challenges through direct state presence in the market and avoiding unsustainable debt due to economic inefficiencies of such off–balance sheet operations, which greatly leverage public capital. The study recommends a reform agenda based on the four interrelated principles of purpose, incentives, transparency, and accountability (PITA). The reforms can mitigate the risks that off–balance sheet operations will become the source of the next financial crisis in South Asia.
Off The Books
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Author : Matías Herrera Dappe
language : en
Publisher: World Bank Publications
Release Date : 2023-03-27
Off The Books written by Matías Herrera Dappe and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-03-27 with Business & Economics categories.
Developing countries face massive infrastructure needs, but public spending on infrastructure is inadequate, and public investment has been declining in recent years. Rising debt levels and tightening fiscal and monetary conditions are putting further pressure on the funds available for infrastructure, heightening the importance of increasing the efficiency of infrastructure spending.Off the Books: Understanding and Mitigating the Fiscal Risks of Infrastructure shows that however governments deliver infrastructure—through direct public provision, state-owned enterprises (SOEs), or public-private partnerships (PPPs), the risk of fiscal surprises is high in both good times and bad. As a result, infrastructure service delivery often ends up costing significantly more than expected, eroding limited fiscal space for productive spending.This book makes a unique contribution by quantifying the magnitude and prevalence of fiscal risks from electricity and transport infrastructure and identifying their root causes across a range of low- and middle-income countries. Drawing on important new sources of evidence and compiling many others, the analysis sheds light on how much is at stake in the good governance of infrastructure sectors. It allows policy makers to weigh the magnitudes of different types of risks and examine how they vary across contexts.Off the Books shows how a deeper understanding of the fiscal risks of infrastructure can help policy makers target reforms to areas where they can be expected to have the greatest impact. It lays out a reform agenda for mitigating the fiscal risks associated with infrastructure based on building government capacity; adopting integrated public investment management and integrated fiscal risk management; improving fiscal and corporate governance of SOEs; and ensuring robust PPP preparation, procurement, and contract management. The book will be of enormous value to policy makers, practitioners, and academics who have an interest in infrastructure and fiscal policy.
The Logic Of Public Private Partnerships
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Author : Graeme A. Hodge
language : en
Publisher: Edward Elgar Publishing
Release Date : 2019
The Logic Of Public Private Partnerships written by Graeme A. Hodge and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with Electronic books categories.
This book examines Public–Private Partnerships (PPP), and tracks the movement from early technical optimism to the reality of PPP as a phenomenon in the political economy. Today's economic turbulence sees many PPP assumptions changed: what contracts can achieve, who bears the real risks, where governments get advice and who invests. As the gap between infrastructure needs and available financing widens, governments and businesses both must seek new ways to make contemporary PPP approaches work.
International Perspectives On The Belt And Road Initiative
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Author : Sidh Sintusingha
language : en
Publisher: Routledge
Release Date : 2021-05-31
International Perspectives On The Belt And Road Initiative written by Sidh Sintusingha and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-31 with Architecture categories.
International Perspectives on the Belt and Road Initiative investigates the most significant global‐scale international trade expansion and capital investment programme since the Second World War. This book focusses on the multi-national perspectives of the Belt and Road Initiative (BRI) in order to interrogate the Chinese government’s representation of it as a symbol of "peace, cooperation, development and mutual benefit." With specific focus on the interrelationship between geopolitics, infrastructure investments and urban regional development, the book reflects on 12 countries’ experiences in depth, including those of Iran, Pakistan, Brazil, Thailand, Indonesia, Japan and Ethiopia, specificly to their economic development levels, political systems, power dynamics and socio-environmental issues. The book clarifies and contributes new knowledge on the nature of BRI concerning its relationship to globalism, neo-colonialism, the notion of developed vs developing countries and their institutions and macro-micro benefits and impacts. In doing so, the book offers a balanced account of the antagonistic geo-political narrative of socio-political conflict and the collaborative framework of real socio-economic flows and development. The book will appeal to academics, researchers and policy-makers with an interest in the BRI and its impacts on politico-economic development and urban, regional and spatial systems in the Indo-Pacific and beyond.