Public-Private Partnerships in Emerging Economies

Name: Public-Private Partnerships in Emerging Economies
Brand: Taylor & Francis

Taylor & Francis

Public-Private Partnerships in Emerging EconomiesAuthor(s): Augustine Edobor Arimoro\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9780367901110, 978-0367901110\nSynopsis\nOver the years, a shortage of funds has resulted in a huge deficit in government budgets for infrastructure, especially in developing economies. It is no longer feasible for governments to bear the entire burden of funding public infrastructure. Given that an inadequate supply of public infrastructure poses a challenge for the economic development of any country, partnerships with the private sector to fund public infrastructure procurement has started to be relied on as an alternative to traditional public procurement. Public-Private Partnerships are an arrangement that allow private entities to fund, design, manage and operate public infrastructure for a term in exchange for the payment of tolls by users or the government may well be the solution to the infra.