IDEAS home Printed from https://ideas.repec.org/p/wbk/wbrwps/8863.html
   My bibliography  Save this paper

Developing Public-Private Partnership Initiatives in the Middle East and North Africa : From Public Debt to Maximizing Finance for Development

Author

Listed:
  • Arezki,Rabah
  • Belhaj,Ferid

Abstract

This paper argues for a novel approach to financing infrastructure needs in Arab countries. It first describes the context of rising public debt in the region, contrasting it with the vast infrastructure needs. It then discusses the challenges in meeting these needs with traditional financing. The paper then makes the case for maximizing finance for development, by using public-private partnerships, and presents a few successful examples in Arab countries. Finally, the paper explores the way forward and concludes on the need for strong state capacity and integrity to promote the maximizing finance for development approach.

Suggested Citation

  • Arezki,Rabah & Belhaj,Ferid, 2019. "Developing Public-Private Partnership Initiatives in the Middle East and North Africa : From Public Debt to Maximizing Finance for Development," Policy Research Working Paper Series 8863, The World Bank.
    • Handle: RePEc:wbk:wbrwps:8863
    as

    Download full text from publisher

    File URL: http://documents.worldbank.org/curated/en/860241558712523200/pdf/Developing-Public-Private-Partnership-Initiatives-in-the-Middle-East-and-North-Africa-From-Public-Debt-to-Maximizing-Finance-for-Development.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Giuseppe Liddo & Alessandro Rubino & Ernesto Somma, 2019. "Determinants of PPP in infrastructure investments in MENA countries: a focus on energy," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 46(4), pages 523-580, December.
    2. Yuegang Song & Umer Shahzad & Sudharshan Reddy Paramati, 2023. "Impact of energy infrastructure investments on renewable electricity generation in major Asian developing economies," Australian Economic Papers, Wiley Blackwell, vol. 62(1), pages 1-23, March.

    More about this item

    Keywords

    Private Sector Economics; Energy Policies&Economics; Financial Sector Policy; Finance and Development; Financial Economics; Macroeconomic Management;
    All these keywords.

    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:wbk:wbrwps:8863. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Roula I. Yazigi (email available below). General contact details of provider: https://edirc.repec.org/data/dvewbus.html .

    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.