Public-Private Partnerships in Emerging Economies
In: Routledge Research in Finance and Banking Law Ser.
Cover -- Half Title -- Series -- Title -- Copyright -- Dedication -- Contents -- List of abbreviations -- List of statutes -- List of cases -- Preface -- Acknowledgements -- 1 Introduction to public-private partnerships -- 1.1 Background -- 1.2 What is PPP? -- 1.3 Definitions of other terms -- 1.3.1 Infrastructure -- 1.3.2 Public sector -- 1.3.3 Private sector -- 1.3.4 Greenfield and brownfield PPPs -- 1.3.5 Terms used in place of PPP in some jurisdictions -- 1.4 The rationale for adopting PPPs -- 1.5 Types of PPPs -- 1.5.1 Concession -- 1.5.2 The Private Finance Initiative (PFI) -- 1.6 PPP distinguished from other similar types of procurement -- 1.6.1 PPPs vs public-sector procurement -- 1.6.2 PPPs vs privatisation -- 1.6.3 Outsourcing vs PPP -- 1.7 Advantages and disadvantages of PPPs -- 1.8 The critical success factors for PPPs -- 1.8.1 A favourable framework for PPP -- 1.8.2 Transparency and anticorruption -- 1.8.3 Ensuring a healthy investment environment for PPPs -- 1.9 The PPP project cycle -- 1.10 Selecting the right projects for PPPs -- 1.10.1 The scope of the project and requirements -- 1.10.2 Is the project PPP viable? -- 1.11 Affordability, risk allocation, bankability and value for money -- 1.12 Conclusion -- 2 The framework for public-private partnerships -- 2.1 Introduction -- 2.2 The need for a framework -- 2.3 Policy and PPP -- 2.3.1 Policymaking in Brazil, India, Nigeria and South Africa -- 2.4 Legal framework for PPP -- 2.4.1 Key issues for a PPP legal framework -- 2.5 The institutional framework -- 2.5.1 A role for state institutions -- 2.5.2 How the institutional framework can be designed to support PPPs -- 2.6 Creation of a PPP law -- 2.7 Setting up the PPP unit -- 2.8 Regulation of PPP contracts -- 2.9 Resolution of PPP disputes -- 2.9.1 The challenge with PPP disputes -- 2.9.2 The choice of law.