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Public-Private Partnerships in Emerging Economies (Hardcover)
Loot Price: R3,399
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Public-Private Partnerships in Emerging Economies (Hardcover)
Series: Routledge Research in Finance and Banking Law
Expected to ship within 12 - 17 working days
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Over 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
infrastructure crisis in many developing economies. This book
examines the role of law in the adoption, implementation and
regulation of Public-Private Partnership in selected developing
economies including Brazil, India, Nigeria and South Africa to
address how to deal with overlapping laws and how the law can
protect assets invested in PPP in order to attract private sector
interests in infrastructure financing in developing market, showing
how law can be used to create, sustain and promote PPP frameworks
that take into account local circumstances in developing economies.
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