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Public-private partnerships in transport

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Author Info

  • Estache, Antonio
  • Juan, Ellis
  • Trujillo, Lourdes

Abstract

This paper summarizes the evidence on the evolution of transport PPPs over the last 15 years or so. In the process, it provides a primer on the associated policy issues, including of the central role of project finance in the implementation of PPP policies and the debates on risk allocation in the design of PPPs. The paper also offers a discussion of the increasingly well recognized residual roles for the public sector in transport, with an emphasis on the regulatory debates surrounding the adoption of PPPs.

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Bibliographic Info

Paper provided by The World Bank in its series Policy Research Working Paper Series with number 4436.

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Date of creation: 01 Dec 2007
Date of revision:
Handle: RePEc:wbk:wbrwps:4436

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Related research

Keywords: Transport Economics Policy&Planning; Debt Markets; Banks&Banking Reform; Access to Finance;

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Cited by:
  1. Pedro Barros & Xavier Martinez-Giralt, 2009. "Contractual design and PPPs for hospitals: lessons for the Portuguese model," The European Journal of Health Economics, Springer, vol. 10(4), pages 437-453, October.
  2. Tan, Jeff, 2012. "The Pitfalls of Water Privatization: Failure and Reform in Malaysia," World Development, Elsevier, vol. 40(12), pages 2552-2563.
  3. International Monetary Fund, 2009. "The Effects of the Financial Crisis on Public-Private Partnerships," IMF Working Papers 09/144, International Monetary Fund.
  4. Song, Jinbo & Song, Danrong & Zhang, Xueqing & Sun, Yan, 2013. "Risk identification for PPP waste-to-energy incineration projects in China," Energy Policy, Elsevier, vol. 61(C), pages 953-962.
  5. Aldaba, Rafaelita M., 2003. "Regulatory Policies and Reforms in the Power and Downstream Oil Industries," Discussion Papers DP 2003-16, Philippine Institute for Development Studies.

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