PUBLIC-PRIVATE SECTOR PARTNERSHIPS IN DEVELOPING COUNTRIES: ARE INFRASTRUCTURES RESPONDING TO THE NEW ODA STRATEGY
Argentino Pessoa ()
FEP Working Papers from Universidade do Porto, Faculdade de Economia do Porto
The developing world needs far more financing for infrastructure than can be provided by domestic public finances alone and through ODA (Official Development Aid). Around middle 1980s a new strategy based on the use of public-private agreements, relying on ODA to enhance the quality of projects, reduce risks and raise profitability was gradually implemented for the provision of infrastructures and public utilities. This paper evaluates the more typical forms of private sector involvement and its actual importance (by type of public utility and by region), and shows that the new strategy has failed in improving the provision of infrastructures in the developing world.
Keywords: infrastructures; ODA; outsourcing; public-private partnership; public utilities; regulation (search for similar items in EconPapers)
JEL-codes: H4 H54 I18 I28 L33 (search for similar items in EconPapers)
Pages: 23 pages
New Economics Papers: this item is included in nep-cse, nep-dev, nep-pbe, nep-ppm and nep-reg
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Persistent link: https://EconPapers.repec.org/RePEc:por:fepwps:266
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