'Public- Private Partnerships Policy and Practice' is a comprehensive reference guide on PPP theory and practice for senior policy-makers and other public sector officials in developing countries. The guide focuses on the key lessons learned - and emerging best practice - from successful and failed PPP transactions over the past thirty years. The guide avoids jargon and explains relevant concepts in non-specialist language. Key points are summarised at the beginning of each section and provide an overall high-level outline. References are provided throughout and at the end of each section to allow the reader to access further information on specific issues.
1 Overview of the Reference Guide 1
2 Introduction 3
3 Background to PPPs: concepts and key trends 7
3.1 Defining PPPs 8
3.2 Benefits of PPPs 11
3.3 Types of risk and their allocation 15
3.4 Main types of PPPs 19
3.5 International trends in PPPs: theory and practice 21
4 The infrastructure PPP project development process 29
4.1 The PPP framework 30
4.2 The infrastructure project development process 40
4.3 Contract management and monitoring 48
4.4 Renegotiations 50
5 Constraints to infrastructure PPPs and measures to alleviate them 55
5.1 Constraints to infrastructure PPPs in developing countries 55
5.2 PPP units 71
6 Donor initiatives to support infrastructure PPPs 77
6.1 Project preparation facilities 78
6.2 Infrastructure financing facilities 80
6.3 Guarantee facilities 81
6.4 Infrastructure funding facilities 84
7 Recent PPP experience in Commonwealth developing countries 87
7.1 The infrastructure gap 88
7.2 Enabling environment for PPPs 89
7.3 Trends in private sector participation in infrastructure 90
7.4 PPP transaction experience across core infrastructure sectors 92
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