Public Private Partnerships In The Caribbean Region

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Public Private Partnerships In The Caribbean Region

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Author : Mr.Maximilien Queyranne
language : en
Publisher: International Monetary Fund
Release Date : 2019-05-08

Public Private Partnerships In The Caribbean Region written by Mr.Maximilien Queyranne and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-08 with Business & Economics categories.

To provide policymakers in the Caribbean with a governance framework for improving infrastructure through Public-Private Partnerships (PPPs), while limiting their fiscal costs and risks for the government. And to showcase Canada support to FAD technical assistance in the region and FAD collaboration with CARTAC and the Caribbean Development Bank

Caribbean Infrastructure Public Private Partnership Roadmap

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Author : World Bank
language : en
Publisher: World Bank Publications
Release Date :

Caribbean Infrastructure Public Private Partnership Roadmap written by World Bank 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 with categories.

This report presents the Caribbean Infrastructure PPP Roadmap by describing why and how PPPs can add value through the lessons learned from 11 countries. It reviews emerging PPP opportunities based on experience within the region to identify possible constraints and sets out concrete actions that Caribbean governments can take—individually, and collectively—to build successful PPP projects and programs.

Proposal For The Implementation Of A Ferry Service Through Public Private Partnerships Ppp S In The Eastern Caribbean Region

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Author : Diogo Aita
language : en
Publisher:
Release Date :

Proposal For The Implementation Of A Ferry Service Through Public Private Partnerships Ppp S In The Eastern Caribbean Region written by Diogo Aita and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.

This FAL Bulletin is part of the reflections on infrastructure and connectivity that have been frequently addressed in documents of the Economic Commission for Latin America and the Caribbean (ECLAC). It contributes to the reflections under the project “Transport and Trade Connectivity in the Age of Pandemics: Contactless, Seamless and Collaborative UN Solutions”. This edition analyzes the possibility of implementing a ferry network in the Eastern Caribbean region through Public Private Partnerships (PPP's) to promote better and more fluid connectivity.This document was prepared by Diogo Aita, Associate Economic Affairs Officer of the Infrastructure Services Unit in the International Trade and Integration Division of ECLAC, based on the Project Document “Evaluación preliminar técnica, económica e institucional para la implementación de un servicio de ferris en el Caribe Oriental”, prepared by Eduardo Lugo, Alberto Undurraga, Ricardo J. Sánchez, and Jorge A. Lupano. This original study was developed within the framework of a technical assistance provided to the Association of Caribbean States (AEC-ACS).

Public Private Partnerships In The Caribbean

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Author : Jose Luis Guasch
language : en
Publisher:
Release Date : 2013

Public Private Partnerships In The Caribbean written by Jose Luis Guasch and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Electronic book categories.

Fundamental Principles In Ppp Laws

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Author : Reinaldo Fioravanti
language : en
Publisher: Inter-American Development Bank
Release Date : 2019-05-07

Fundamental Principles In Ppp Laws written by Reinaldo Fioravanti and has been published by Inter-American Development Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-07 with Business & Economics categories.

Investment in infrastructure is, admittedly, one of the main forms of economic development. Traditionally, the Public Administration implements infrastructure projects committing taxpayers’ money to finance them. For the past decades, demand for infrastructure has been growing steadily, but public funds for current and future needs are limited and the public finances of many governments have increasingly reached a point where long-term borrowing is not a ready option. In a recent study, GI Hub estimated the cumulative ‘global infrastructure need’ from 2015 to 2040, and the ‘investment gap’ for the period. US$ 94 trillion would be needed in investment and the gap is US$ 15 trillion . This has led the government to accept the growing importance of the private sector participation in the financing and management of infrastructure projects, so it began seeking alternative methods of procurement. One method whose applicability is increasing is the use of public-private partnerships (PPPs) to finance and/or manage infrastructure projects. In this regard, well-prepared infrastructure projects can generate high social rate of returns and improves well-being, whereas inadequate infrastructure represents a barrier to growth and improved quality of life and can lead to unsustainable financial burdens for the government, especially in developing countries. Although not all infrastructure is suitable to follow the PPP route, those policy-makers that choose to shift from public infrastructure financing to private partner have to consider the nature and motivations of long-term investors and the generation of value for money as well, that is, to align the interests of both the public and private sectors. With the participation of a private partner in well-prepared investment projects, there may be larger investments and the population’s life quality improvement. Also, PPPs are a way to introduce private sector technology and innovation into providing better public services through innovative planning and design’ and ‘efficient project management. Building and maintaining infrastructure are essential for economic expansion and social development, if delivered efficiently and effectively, it can translate into economic growth. However, the world is not spending enough on infrastructure to catch up with technological changes, urbanization and shifting demographics. The Inter-American Bank (IDB) and the Global Infrastructure Hub (GIH) decided to analyze and carry out a research on the legal framework for PPPs in Latin America and the Caribbean Region to establish guidelines on PPP law leading practices.

Working Together For A Change

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Author : Ariel Fiszbein
language : en
Publisher: World Bank Publications
Release Date : 1999

Working Together For A Change written by Ariel Fiszbein 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 1999 with Political Science categories.

The Economic Development Institute (EDI), in cooperation with the United Nations Development Programme (UNDP) and the Inter-American Foundation, launched the Partnerships for Poverty Reduction program in six countries in Latin America and the Caribbean—as part of the Bank's Mission "to fight poverty with passion and professionalism for lasting results." The program sought to promote the adoption of an approach to poverty reduction that relies on partnerships among local, regional, and central governments, other public sector agencies, nongovernmental organizations, private sector companies and other civic organizations. This publication is a result of these collaborative efforts. It contains a powerful message about partnerships with the state, civil society and business: these partnerships have the potential of becoming the basis of an approach to poverty reduction that replaces old and failed paradigms in the region.

Tourism In The Caribbean Competitiveness Upgrading Linkages And The Role Of Public Private Partnerships Ppp And Public Policy

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Author : Bineswaree Bolaky
language : en
Publisher:
Release Date : 2009

Tourism In The Caribbean Competitiveness Upgrading Linkages And The Role Of Public Private Partnerships Ppp And Public Policy written by Bineswaree Bolaky and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.

The main purpose of this paper is to explore and analyze the contributions that public-private partnerships and public policy have made in the development of tourism in the Caribbean as tools for enhancing competitiveness in the Caribbean tourism industry. The paper explores these contributions mainly in the context of the upgrading strategies that Caribbean countries have pursued over the past 15 years or so and using the lens of the tourism value chain and tourism cluster approach. The paper also analyzes the potential roles that public-private partnerships and public policy will continue to play in the future especially in the process of building linkages between the tourism sector and other sectors in order to increase net benefits from tourism to the Region.This paper is divided into five sections. In Section I, we define public-private partnerships (PPP) and describe the areas in tourism where PPP are most widely used, the tools used to implement PPP in tourism and the various forms of PPP. Economic arguments are then laid to motivate PPP as a determinant of tourism competitiveness using the tourism value-chain and tourism cluster approach. Specific case examples illustrating the contributions of PPP and public policy towards increasing tourism competitiveness are provided at a regional level and for specific areas in Sections II and III respectively. Section IV summarizes findings from the previous two sections and discusses ways to enhance the effectiveness of PPP and public policy in Caribbean tourism for increased competitiveness. Section V analyzes a few of the challenges that the Caribbean tourism sector is facing. The final section proposes new areas of intervention for PPP and public policy as tools for enhancing competitiveness in the Caribbean tourism sector in order to assist the region in addressing these challenges.

Highways To Heaven

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Author : Ms.Valerie Cerra
language : en
Publisher: International Monetary Fund
Release Date : 2016-09-21

Highways To Heaven written by Ms.Valerie Cerra and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-21 with Business & Economics categories.

Inadequate infrastructure has been widely viewed as a principal barrier to growth and development in Latin America and the Caribbean. This paper provides a comprehensive overview of infrastructure in the region and highlights key areas in which infrastructure networks can be enhanced. The public and private sectors play complementary roles in improving the infrastructure network. Therefore, it is critical to strengthen public investment management processes as well as the regulatory framework, including to ensure an appropriate mix of financing and funding for projects and to address environmental concerns.

Private Financing Of Public Infrastructure Through Ppps In Latin America And The Caribbean

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Author : Catalina Garcia-Kilroy
language : en
Publisher:
Release Date : 2017

Private Financing Of Public Infrastructure Through Ppps In Latin America And The Caribbean written by Catalina Garcia-Kilroy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.

Financing public infrastructure is an important challenge in the growth agenda of the Latin America and the Caribbean (LAC) region. Subject to fiscal constraints, many countries in the LAC region have been looking at private sector financing as an alternative for financing public investment. With different degrees of success, countries in the region have been using Public-Private Partnerships (PPPs) since the late 1980s. Although the needs of investments in public infrastructure vary by country and by sector, it is clear that public resources might not be enough. While public infrastructure will continue to be largely financed by the public sector in the LAC region, significant room still exist for private sector financing of public infrastructure. In Advanced Economies (AEs), such as Australia, and the United Kingdom, PPP projects account for 10 to 15 percent of overall infrastructure investments. This report analyzes the challenges and policy options to increase private sector financing in public infrastructure in the LAC region through PPPs. Given the diversity of LAC countries, the report takes a conceptual approach and analyzes the different alternatives of private sector financing of public investments that different groups of countries can utilize. This approach also takes stock of the different status and degree of institutional and financial development in LAC countries in light of ongoing promising legal reforms and financial innovations for infrastructure finance in the LAC region, as well as in AEs and other regions.

Rethinking Infrastructure In Latin America And The Caribbean

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Author : Marianne Fay
language : en
Publisher: World Bank Publications
Release Date : 2017-08-02

Rethinking Infrastructure In Latin America And The Caribbean written by Marianne Fay 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 2017-08-02 with Business & Economics categories.

Latin America and the Caribbean (LAC) does not have the infrastructure it needs, or deserves, given its income. Many argue that the solution is to spend more; by contrast, this report has one main message: Latin America can dramatically narrow its infrastructure service gap by spending efficiently on the right things. This report asks three questions: what should LAC countries’ goals be? How can these goals be achieved as cost-effectively as possible? And who should pay to reach these goals? In doing so, we drop the ‘infrastructure gap’ notion, favoring an approach built on identifying the ‘service gap’. Benchmarking Latin America in this way reveals clear strengths and weaknesses. Access to water and electricity is good, with the potential for the region’s electricity sector to drive competitive advantage; by contrast, transport and sanitation should be key focus areas for further development. The report also identifies and analyses some of the emerging challenges for the region—climate change, increased demand and urbanization—that will put increasing pressure on infrastructure and policy makers alike. Improving the region’s infrastructure performance in the context of tight fiscal space will require spending better on well identified priorities. Unlike most infrastructure diagnostics, this report argues that much of what is needed lies outside the infrastructure sector †“ in the form of broader government issues—from competition policy, to budgeting rules that no longer solely focus on controlling cash expenditures. We also find that traditional recommendations continue to apply regarding independent, well-performing regulators and better corporate governance, and highlight the critical importance of cost recovery where feasible and desirable, as the basis for future commercial finance of infrastructure services. Latin America has the means and potential to do better; and it can do so by spending more efficiently on the right things.