Determinants of Outcomes of Public-Private Partnerships (PPP) in Infrastructure in Asia
Renato Reside () and
Amado Mendoza, Jr.
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Renato Reside: School of Economics, University of the Philippines Diliman
No 201003, UP School of Economics Discussion Papers from University of the Philippines School of Economics
Abstract:
This study analyzes cross-country data extracted from a large global database to identify the major risks affecting Asian PPP into six major factors : (1) macroeconomic environment; openness of economy; (2) incentive issues during planning, design and contracting phases; (3) political risk; (4) fiscal capacity of government; (5) firm-embodied traits : level of technical efficiency and capacity of proponents in construction and operations; and (6) other reasons-- regulation, credit risk of buyers of output, etc. Policy recommendations are made.
Pages: 50 pages
Date: 2010-03
New Economics Papers: this item is included in nep-sea
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Citations: View citations in EconPapers (1)
Published as UPSE Discussion Paper No. 2010-03, March 2010
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Persistent link: https://EconPapers.repec.org/RePEc:phs:dpaper:201003
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