Title: PPI Partnerships versus PPI Divorces in Developing Countries (Or are We Switching from PPPI to PPDI?)
Abstract: No AccessPolicy Research Working Papers25 Jun 2013PPI Partnerships versus PPI Divorces in Developing Countries (Or are We Switching from PPPI to PPDI?)Authors/Editors: Antonio EstacheAntonio Estachehttps://doi.org/10.1596/1813-9450-3470SectionsAboutPDF (0.3 MB) ToolsAdd to favoritesDownload CitationsTrack Citations ShareFacebookTwitterLinked In Abstract:Thirty years ago, in 1974, Chile launched the first large-scale privatization in a developing country. About 15 years later, Argentina provided a new model of global infrastructure management. Since then a variety of public-private partnerships in infrastructure have been adopted throughout the developing and transition world. These experiences add up to a large and heterogeneous enough sample of experiences from which some fairly robust conclusions on who benefited from the reforms and who did not. Because many of these experiences are also turning sour and the "privatization" fad of the 1990s seems to be turning into an "antiprivatization" fad, it seems important to separate facts from emotions. Estache argues that the wide differences in interpretations of the facts can be explained by wide differences in the assessment criteria used by analysts, including the definition of the baseline data chosen to assess the incremental effect of reforms. It is also driven by the sectors, the regions, and probably most important, the actors on which the analysis tends to focus. Once all these factors have been considered, a relatively fair and quantitative assessment of the prospects of the public-private relationship in infrastructure is possible. This paper—a product of the Office of the Vice President, Infrastructure Network—is part of a larger effort in the network to stimulate a debate on the effectiveness of infrastructure reforms. Previous bookNext book FiguresReferencesRecommendedDetailsCited ByPFI Procurement Skills: A Cross-sector Survey of PractitionersProcedia Engineering, Vol.77Private Finance 2 (PF2): Re-inventing the Wheel?IOP Conference Series: Earth and Environmental Science, Vol.1617 June 2013Private firms, public entities, and microeconomic incentivesInternational Journal of Organizational Analysis, Vol.21, No.2The Pitfalls of Water Privatization: Failure and Reform in MalaysiaWorld Development, Vol.40, No.12Towards a Principal-Agent Based Typology of Risks in Public-Private PartnershipsReflets et perspectives de la vie économique, Vol.Tome LI, No.2Public-Private Cooperation in Infrastructure Development: A Principal-Agent Story of Contingent Liabilities, Fiscal Risks, and Other (Un)pleasant SurprisesNetworks and Spatial Economics, Vol.12, No.230 September 2009Infrastructure Privatisation: Oversold, Misunderstood and InappropriateDevelopment Policy Review, Vol.29, No.13 December 2010IntroductionReview of Industrial Organization, Vol.29, No.1-212 September 2006 View Published: January 2005 Copyright & Permissions Related RegionsLatin America & CaribbeanRelated CountriesCzech RepublicRelated TopicsFinance and Financial Sector DevelopmentInfrastructure Economics and FinanceMacroeconomics and Economic GrowthPrivate Sector DevelopmentTransport KeywordsAIRPORTCOSTSCROSS SUBSIDIESINFRASTRUCTUREINFRASTRUCTURE PROJECTSO& MPOLICIESPOPULATION GROWTHPUBLIC PARTICIPATIONROADROAD SECTORROAD SYSTEMSAFETYSUBSIDIESSUBSIDYTAXESTRAFFICTRANSPORTTRANSPORTATIONTRANSPORTATION SYSTEMS PDF DownloadLoading ...