Please wait while loading your Bulletin

Panorama ResourcesDeterminants of public–private partnerships in infrastructure

Resources Posted on 2019-12-30 12:23:56

Determinants of public–private partnerships in infrastructure

Font size - A A A +

Authors: Mona Hammami, Jean-Francois Ruhashyankiko & Etienne B. Yehoue
International Monetary Fund (IMF)
2006
37 pages

This working paper presents an empirical analysis of the cross-country and cross-industry determinants of public-private partnership (PPP) arrangements. Authors find that PPPs tend to be more common in countries where governments suffer from heavy debt burdens and where aggregate demand and market size are large. Their findings also suggest that macroeconomic stability is essential for PPPs. They provide evidence on the importance of institutional quality, where less corruption and effective rule of law are associated with more PPP projects. PPPs are also more prevalent in countries with previous PPP experiences. At the industry level, they find that PPP determinants vary across industries depending on the nature of public infrastructure, capital intensity, and technology required. They also find that private participation in PPP projects depends on the expected marketability, the technology required, and the degree of ‘impurity’ of the goods or services.

[ Download the document from the World Bank website ]

Related informations to article

  • Technical Item GS 2022 - World Organisation for Animal Health, Veterinary Services and Aquatic Animal Health Services Engagement in Global, Regional and National Emergency Management Systems

  • WOAH Aquatic Code and Manual

  • Public-Private Partnerships and perspectives in the veterinary domain