Public-Private Partnerships in Emerging Economies

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Bibliographic Details
Main Author: Arimoro, Augustine Edobor
Format: eBook
Language:English
Published: Milton : Taylor & Francis Group, 2020.
Series:Routledge Research in Finance and Banking Law Ser.
Subjects:
Online Access:Click for online access
Table of Contents:
  • Cover
  • Half Title
  • Series
  • Title
  • Copyright
  • Dedication
  • Contents
  • List of abbreviations
  • List of statutes
  • List of cases
  • Preface
  • Acknowledgements
  • 1 Introduction to public-private partnerships
  • 1.1 Background
  • 1.2 What is PPP?
  • 1.3 Definitions of other terms
  • 1.3.1 Infrastructure
  • 1.3.2 Public sector
  • 1.3.3 Private sector
  • 1.3.4 Greenfield and brownfield PPPs
  • 1.3.5 Terms used in place of PPP in some jurisdictions
  • 1.4 The rationale for adopting PPPs
  • 1.5 Types of PPPs
  • 1.5.1 Concession
  • 1.5.2 The Private Finance Initiative (PFI)
  • 1.6 PPP distinguished from other similar types of procurement
  • 1.6.1 PPPs vs public-sector procurement
  • 1.6.2 PPPs vs privatisation
  • 1.6.3 Outsourcing vs PPP
  • 1.7 Advantages and disadvantages of PPPs
  • 1.8 The critical success factors for PPPs
  • 1.8.1 A favourable framework for PPP
  • 1.8.2 Transparency and anticorruption
  • 1.8.3 Ensuring a healthy investment environment for PPPs
  • 1.9 The PPP project cycle
  • 1.10 Selecting the right projects for PPPs
  • 1.10.1 The scope of the project and requirements
  • 1.10.2 Is the project PPP viable?
  • 1.11 Affordability, risk allocation, bankability and value for money
  • 1.12 Conclusion
  • 2 The framework for public-private partnerships
  • 2.1 Introduction
  • 2.2 The need for a framework
  • 2.3 Policy and PPP
  • 2.3.1 Policymaking in Brazil, India, Nigeria and South Africa
  • 2.4 Legal framework for PPP
  • 2.4.1 Key issues for a PPP legal framework
  • 2.5 The institutional framework
  • 2.5.1 A role for state institutions
  • 2.5.2 How the institutional framework can be designed to support PPPs
  • 2.6 Creation of a PPP law
  • 2.7 Setting up the PPP unit
  • 2.8 Regulation of PPP contracts
  • 2.9 Resolution of PPP disputes
  • 2.9.1 The challenge with PPP disputes
  • 2.9.2 The choice of law
  • 2.10 Protection for PPP assets
  • 2.11 Conclusion
  • 3 The public-private partnership contract
  • 3.1 Introduction
  • 3.2 The PPP procurement process
  • 3.2.1 The stages of a PPP project
  • 3.3 The elements of a PPP contract
  • 3.3.1 The concession agreement
  • 3.3.2 Sub-contracts
  • 3.4 Designing the main concession or PFI contract
  • 3.5 PPP arrangements and sanctity of contract
  • 3.5.1 The classical approach to sanctity of contract
  • 3.5.2 A modern approach to sanctity of contract
  • 3.6 Conclusion
  • 4 Brazil
  • 4.1 Introduction
  • 4.2 Introducing Brazil
  • 4.3 PPP in Brazil
  • 4.4 The framework for PPP in Brazil
  • 4.5 Stable political and social environment
  • 4.5.1 The socio-political environment and PPP in Brazil
  • 4.5.2 Public agencies administering PPP in Brazil
  • 4.6 Sponsored and common concessions
  • 4.7 The parties to a Brazilian PPP contract
  • 4.7.1 The public authority
  • 4.7.2 The project company
  • 4.7.3 The guarantor
  • 4.7.4 The investor
  • 4.8 Scorecard for PPP projects in Brazil
  • 4.9 Brief case studies of PPP projects in Brazil