IDEAS home Printed from https://ideas.repec.org/a/gam/jscscx/v13y2024i10p531-d1492126.html
   My bibliography  Save this article

Economic Community of West African States (ECOWAS) Public–Private Partnership (PPP) Strategy to Development

Author

Listed:
  • Walnshak Alheri Danfulani

    (Department of Politics and International Studies, Girne American University, North Cyprus via Mersin 10, 99320 Kyrenia, Turkey)

  • Enver Gülseven

    (Department of International Relations, Girne American University, North Cyprus via Mersin 10, 99320 Kyrenia, Turkey)

Abstract

Many countries around the world have leveraged the potential of partnerships to counter collective challenges and foster development. ECOWAS has looked to partnerships to tackle shared challenges to infrastructural development in its member countries. This study sought to understand ‘how partnerships could foster sustainable development in ECOWAS member nations.’ Using a qualitative method, both primary and secondary data were sourced to mainstream the ECOWAS multilateral Public–Private Partnership (PPP) strategy to foster sustainable development in implementing its 2045 Infrastructure Master Plan. This study finds that such development plans that were hitherto a challenge to implement by ECOWAS member states have received a boost through the World Bank Public Private Infrastructure Advisory Facility (PPIAF). This partnership provided effective diagnostics to improve efficiency, build capacity, identify PPP possibilities, and revamp policy and legal frameworks for PPPs, resulting in better access to more financing, proper implementation, monitoring, and sustainability of infrastructural projects. The ECOWAS PPP framework has been able to allow its member states to leverage the advantages that the private sector has to foster sustainable development. This has poised ECOWAS to be on track to implementing its infrastructure master plan.

Suggested Citation

  • Walnshak Alheri Danfulani & Enver Gülseven, 2024. "Economic Community of West African States (ECOWAS) Public–Private Partnership (PPP) Strategy to Development," Social Sciences, MDPI, vol. 13(10), pages 1-25, October.
    • Handle: RePEc:gam:jscscx:v:13:y:2024:i:10:p:531-:d:1492126
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2076-0760/13/10/531/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2076-0760/13/10/531/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Michael Trebilcock & Michael Rosenstock, 2015. "Infrastructure Public-Private Partnerships in the Developing World: Lessons from Recent Experience," Journal of Development Studies, Taylor & Francis Journals, vol. 51(4), pages 335-354, April.
    2. Onyebuchi Iwegbu & Kainu Justine & Leonardo Chaves Borges Cardoso, 2022. "Regional financial integration, financial development and industrial sector growth in ECOWAS: Does institution matter?," Cogent Economics & Finance, Taylor & Francis Journals, vol. 10(1), pages 2050495-205, December.
    3. Torres, Clemencia & Briceno-Garmendia, Cecilia M. & Dominguez, Carolina, 2011. "Senegal's infrastructure : a continental perspective," Policy Research Working Paper Series 5817, The World Bank.
    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. Lee, Minsoo & Han, Xuehui & Quising, Pilipinas & Villaruel, Mai Lin, 2018. "Hazard Analysis on Public–Private Partnership Projects in Developing Asia," ADB Economics Working Paper Series 548, Asian Development Bank.
    2. Daniel Danau & Annalisa Vinella, 2021. "Under/Over‐Investment and Early Renegotiation in Public‐Private Partnerships," Journal of Industrial Economics, Wiley Blackwell, vol. 69(4), pages 923-966, December.
    3. Larry Dwyer, 2022. "Productivity, Destination Performance, and Stakeholder Well-Being," Tourism and Hospitality, MDPI, vol. 3(3), pages 1-16, July.
    4. Asuamah Yeboah, Samuel, 2024. "Navigating the Nexus: Overcoming Challenges in Public-Private Partnerships for Sustainable Building Initiatives in Developing Countries," MPRA Paper 122667, University Library of Munich, Germany, revised 05 Nov 2024.
    5. Naoki Fujiwara, 2019. "International City Network and Public-Private Cooperation for Urban Water-Environment Management: A Study of Japanese Public Water Services’ Overseas Expansion," Review of Applied Socio-Economic Research, Pro Global Science Association, vol. 18(2), pages 19-29, December.
    6. Idowu Obakemi, Funsho & Tunde Arosanyin, Godwin, 2024. "Determinants Of Quality Of Land Transport Infrastructure In Developing Countries," Ilorin Journal of Economic Policy, Department of Economics, University of Ilorin, vol. 11(2), pages 19-39, June.
    7. Ram Singh, 2018. "Public–private partnerships vs. traditional contracts for highways," Indian Economic Review, Springer, vol. 53(1), pages 29-63, December.
    8. Abdoul Rachid Issoufou Dogo, 2024. "Impact de l'intégration financière régionale sur le commerce intra régional des produits manufacturés dans la zone CEDEAO," African Development Review, African Development Bank, vol. 36(2), pages 292-305, June.
    9. Joseph Mawejje, 2024. "Private sector participation in infrastructure in emerging market and developing economies: Evolution, constraints, and policies," Global Policy, London School of Economics and Political Science, vol. 15(2), pages 465-474, May.
    10. Sergei Vladimirovich Shkiotov & Maksim Igorevich Markin & Galina Alekseevna Rodina & Margarita Izrailevna Berkovich & Yuri Viktorovich Korechkov, 2025. "Spillover Effects of Financial Development and Globalisation on Environmental Quality in EAEU Countries," Sustainability, MDPI, vol. 17(4), pages 1-25, February.
    11. Sudeshna Ghosh Banerjee & Peter Robinson & Zayra Romo & Gary McMahon & Perrine Toledano & Inés Pérez Arroyo, 2015. "The Power of the Mine : A Transformative Opportunity for Sub-Saharan Africa [Le potentiel transformateur de l'industrie minière : Une opportunité pour l'électrification de l'Afrique subsaharienne]," World Bank Publications - Books, The World Bank Group, number 21402, April.
    12. A S M Abdul Quium, 2019. "Transport Corridors for Wider Socio–Economic Development," Sustainability, MDPI, vol. 11(19), pages 1-23, September.
    13. Lena Brogaard & Ole Helby Petersen, 2018. "Public‐private partnerships (PPPs) in development policy: Exploring the concept and practice," Development Policy Review, Overseas Development Institute, vol. 36(S2), pages 729-747, September.
    14. Hazwan Haini & Lutfi Abdul Razak & Pang Wei Loon & Sufrizul Husseini, 2023. "Re-examining the finance–institutions–growth nexus: does financial integration matter?," Economic Change and Restructuring, Springer, vol. 56(3), pages 1895-1924, June.
    15. Nizkorodov, Evgenia, 2021. "Evaluating risk allocation and project impacts of sustainability-oriented water public–private partnerships in Southern California: A comparative case analysis," World Development, Elsevier, vol. 140(C).
    16. Duncan Melville, 2016. "Public–Private Partnerships in Developing Countries," Review of Market Integration, India Development Foundation, vol. 8(3), pages 152-169, December.
    17. Sietze Vellema & Greetje Schouten & Rob Van Tulder, 2020. "Partnering capacities for inclusive development in food provisioning," Development Policy Review, Overseas Development Institute, vol. 38(6), pages 710-727, November.
    18. Jingfeng Yuan & Wei Li & Jiyue Guo & Xianbo Zhao & Mirosław J. Skibniewski, 2018. "Social Risk Factors of Transportation PPP Projects in China: A Sustainable Development Perspective," IJERPH, MDPI, vol. 15(7), pages 1-25, June.
    19. Yorela Yenifer Esperilla-Niño-de-Guzmán & María de los Ángeles Baeza-Muñoz & Francisco Jesús Gálvez-Sánchez & Valentín Molina-Moreno, 2024. "Public–Private Partnership (PPP) in Road Infrastructure Projects: A Review of Evolution, Approaches, and Prospects," Sustainability, MDPI, vol. 16(4), pages 1-24, February.
    20. Miranda Sarmento, J. & Renneboog, L.D.R., 2014. "Anatomy of Public-Private Partnerships : Their Creation, Financing, and Renegotiations," Other publications TiSEM d276f5b6-49cb-40c7-b83c-1, Tilburg University, School of Economics and Management.

    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:gam:jscscx:v:13:y:2024:i:10:p:531-:d:1492126. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.