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Cross-Border PublicPrivate Partnerships

Author

Listed:
  • Evgeny Vinokurov

    (Eurasian Development Bank)

  • Anton Malakhov

    (Eurasian Development Bank)

  • Alexander Zaboev

    (Eurasian Development Bank)

  • Svetlana Maslova

    (Eurasian Development Bank)

Abstract

Cross-border infrastructure comprises facilities that are spatially divided by the border between two or more countries. Due to the ongoing intensification of regional co-operation and economic integration, cross-border infrastructure projects acquire special significance,particularly for landlocked developing countries. These projects require massive investment capital and a coordinated approach, and cross-border public-private partnerships (CPPPs) may serve as a mechanism of such coordination with the participation of private capital. Several dozen cross-border PPP-based infrastructure development projects have already been completed around the world, while only the first steps are being taken in that direction in the Eurasian region. To a large extent, this is because cross-border PPP projects use sophisticated structuring and financing arrangements, and have relatively more extensive risk profiles. That is why the authors have designed a list of principles to govern the operation of cross-border PPPs. Their application will make it possible to accelerate and facilitate the setup and launch of cross-border PPP projects in Eurasia, to reduce related risks in their implementation, and thus contribute to the continued development of regional co-operation and regional economic integration.

Suggested Citation

  • Evgeny Vinokurov & Anton Malakhov & Alexander Zaboev & Svetlana Maslova, 2023. "Cross-Border PublicPrivate Partnerships," Working Papers 023533, Eurasian Development Bank.
  • Handle: RePEc:ris:eabrwp:023533
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    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises
    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • P33 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - International Trade, Finance, Investment, Relations, and Aid
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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