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With the introduction of new market-oriented approaches to
infrastructure finance policy decision-making in the national and
subnational public sectors, there is a greater emphasis on the need
for resource efficiency in the delivery of public services. There
is also a critical need to evaluate and assess the effectiveness of
infrastructure finance policy implementation. Public-Private
Partnerships (PPPs) bring an agility and fresh perspective to the
financing and delivery of public goods and services, and allow for
a higher level of creativity, innovation, and flexibility during
times of dynamic change and high demand for responsive solutions.
By introducing a comprehensive new lens through which to view
infrastructure finance policy as an instrument capable of achieving
long-term national and subnational policy objectives, this study
offers a unique insight into the potential benefits of the adoption
of PPPs within the context of long-term capital investment
planning. Through the examination of case studies from the United
States, Albania and Mauritius, the author presents a transparent
and integrated analysis of the role of PPPs as a policy option
within this context. By demonstrating how PPPs can be utilized as a
means of efficiently financing and delivering capital
infrastructure projects within unified and comprehensive capital
management and budgeting systems, this book is essential reading
for researchers, policy decision-makers and students of public
policy, capital budgeting and infrastructure finance.
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