IDEAS home Printed from https://ideas.repec.org/p/sek/iacpro/4106710.html
   My bibliography  Save this paper

Legal improvement on Public-Private Partnership for sustainable development of basic infrastructures in CLMV countries

Author

Listed:
  • Bajrawan NUCHPRAYOOL

    (Graduate School of Law, National Institute of Development Administration)

Abstract

According to Master Plan on ASEAN Connectivity, the cooperation among the member countries leads ASEAN to Highly Competitive Economic Region. Therefore, development of basic infrastructures is one of the key factors for closing the gap and connecting the member countries together. In order to enhance people's quality of life, governments of member countries have a mission to improve basic infrastructures. Especially, the governments in CLMV region (Cambodia, Laos, Myanmar and Vietnam), wherein the population of the member countries is almost 170 million people and economic growth rate is 6-8%. Nowadays, investment policies are focusing more on the foreign investors to develop the basic infrastructure, which has resulted in a significant increase in the number of foreign investors in the period of the economic crisis in Asia.The results revealed that to promote a policy significantly, private entities must be encouraged to invest in the government projects. Furthermore, promoting Public-Private Partnership can spur economic growth, resulting in a strong commitment between public and private sectors that will lead to the development in the country. However, the investment laws in the government projects and granting processes are different and constantly amended. Especially, investment patterns and requirements for each member state are vague and there is a lack of the laws for controlling investments of private entities. These problems as stated, thus, affect investors? confidence and incoming of investment funds from local and foreign investors.

Suggested Citation

  • Bajrawan NUCHPRAYOOL, 2016. "Legal improvement on Public-Private Partnership for sustainable development of basic infrastructures in CLMV countries," Proceedings of International Academic Conferences 4106710, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iacpro:4106710
    as

    Download full text from publisher

    File URL: https://iises.net/proceedings/25th-international-academic-conference-oecd-paris/table-of-content/detail?cid=41&iid=047&rid=6710
    File Function: First version, 2016
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Asian Development Bank (ADB) & Asian Development Bank (ADB) & Asian Development Bank (ADB) & Asian Development Bank (ADB), 2014. "Cambodia: Country Poverty Analysis 2014," ADB Reports RPT146839, Asian Development Bank (ADB).
    2. Emiko Fukase & Will Martin, 2001. "Free Trade Area Membership as a Stepping Stone to Development : The Case of ASEAN," World Bank Publications - Books, The World Bank Group, number 13847, December.
    3. World Bank, "undated". "World Bank East Asia and Pacific Economic Update, April 2016," World Bank Publications - Reports 24015, The World Bank Group.
    4. Public-Private Infrastructure Advisory Facility, 2002. "Private Solutions for Infrastructure in Cambodia : A Country Framework Report," World Bank Publications - Books, The World Bank Group, number 15223, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Martin, Will, 2021. "Tools for measuring the full impacts of agricultural interventions," IFPRI-MCC technical papers 2, International Food Policy Research Institute (IFPRI).
    2. World Bank Group, 2004. "Seizing the Global Opportunity : Investment Climate Assessment and Reform Strategy for Cambodia," World Bank Publications - Reports 15718, The World Bank Group.
    3. Buttmann, Vera, 2017. "The clash of rural-urban migrants and real estate investors on Phnom Penh's housing market: Prospects for garment workers," IPE Working Papers 91/2017, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    4. Rojid, Sawkut, 2006. "Are Existing Trading Blocks Building or Stumbling Blocks?," Conference papers 331455, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    5. Flower, Benjamin C.R., 2018. "Does informal tenure result in land inequality? A critique of tenure formalisation reforms in Cambodia," Land Use Policy, Elsevier, vol. 77(C), pages 240-248.
    6. Robert Kolesar & Sambo Pheakdey & Bart Jacobs & Narith Chan & Samedy Yok & Martine Audibert, 2019. "Expanding Social Health Protection in Cambodia: An assessment of the current coverage potential and gaps, and social equity considerations," CERDI Working papers halshs-02018867, HAL.
    7. Vathana Roth & Luca Tiberti, 2017. "Economic Effects of Migration on the Left-Behind in Cambodia," Journal of Development Studies, Taylor & Francis Journals, vol. 53(11), pages 1787-1805, November.
    8. Jiankun Lu & Pi-Han Tsai, 2017. "Signal and political accountability: environmental petitions in China," Economics of Governance, Springer, vol. 18(4), pages 391-418, November.
    9. Angioloni, Simone & Kudabaev, Zarylbek & Ames, Glenn & Wetzstein, Michael, 2015. "Household Allocation of Microfinance Loans in Kyrgyzstan," 2015 Conference, August 9-14, 2015, Milan, Italy 210949, International Association of Agricultural Economists.
    10. Bruno Jetin, 2019. "ASEAN Economic Community: the shift from absolute to relative poverty, and the rise of the middle class," Post-Print halshs-02388525, HAL.
    11. Myles Bateman & Susan Engel, 2018. "To shame or not to shame—that is the sanitation question," Development Policy Review, Overseas Development Institute, vol. 36(2), pages 155-173, March.
    12. Robert Kolesar & Sambo Pheakdey & Bart Jacobs & Narith Chan & Samedy Yok & Martine Audibert, 2019. "Expanding Social Health Protection in Cambodia: An assessment of the current coverage potential and gaps, and social equity considerations," Working Papers halshs-02018867, HAL.
    13. Bray, Mark & Kobakhidze, Magda Nutsa & Liu, Junyan & Zhang, Wei, 2016. "The internal dynamics of privatised public education: Fee-charging supplementary tutoring provided by teachers in Cambodia," International Journal of Educational Development, Elsevier, vol. 49(C), pages 291-299.
    14. Ehara, Makoto & Matsuura, Toshiya & Gong, Hao & Sokh, Heng & Leng, Chivin & Choeung, Hong Narith & Sem, Rida & Nomura, Hisako & Tsuyama, Ikutaro & Matsui, Tetsuya & Hyakumura, Kimihiko, 2023. "Where do people vulnerable to deforestation live? Triaging forest conservation interventions for sustainable non-timber forest products," Land Use Policy, Elsevier, vol. 131(C).
    15. Karakaya, Emrah & Sriwannawit, Pranpreya, 2015. "Barriers to the adoption of photovoltaic systems: The state of the art," Renewable and Sustainable Energy Reviews, Elsevier, vol. 49(C), pages 60-66.
    16. Martin, Will, 2001. "Trade policy reform in the East Asian transition economies," Policy Research Working Paper Series 2535, The World Bank.
    17. World Bank Group, 2016. "Malaysia Economic Monitor, December 2016," World Bank Publications - Reports 25857, The World Bank Group.
    18. Selina Bruns & Bernhard Dalheimer & Oliver Musshoff, 2022. "The effect of cognitive function on the poor's economic performance: Evidence from Cambodian smallholder farmers," Agricultural Economics, International Association of Agricultural Economists, vol. 53(3), pages 468-480, May.
    19. Ferede, Tadele & Gemechu, Deble, 2006. "An econometric analysis of the link between irrigation, markets and poverty in Ethiopia: The case of smallholder vegetable and Fruit Production in the North Omo Zone, SNNP Region," Conference papers 331453, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    20. Ehtisham Ahmad & Mercedes García-Escribano, 2011. "Constraints to Effective Fiscal Decentralization in Peru," Chapters, in: Jorge Martinez-Vazquez & François Vaillancourt (ed.), Decentralization in Developing Countries, chapter 5, Edward Elgar Publishing.

    More about this item

    Keywords

    Public Service; Infrastructure; Private Investment; Foreign Investment Law; Public-Private Partnership (PPP); ASEAN community; CLMV countries;
    All these keywords.

    JEL classification:

    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
    • K40 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - General
    • K00 - Law and Economics - - General - - - General (including Data Sources and Description)

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sek:iacpro:4106710. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klara Cermakova (email available below). General contact details of provider: https://iises.net/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.