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Book part
Publication date: 6 December 2017

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The Emerald Handbook of Public–Private Partnerships in Developing and Emerging Economies
Type: Book
ISBN: 978-1-78714-494-1

Book part
Publication date: 23 May 2019

Yan Vaslavskiy and Irina Vaslavskaya

The chapter is devoted to the factors aimed at optimizing the partnership of public and private sectors in the sphere of public infrastructure development. In modern conditions of…

Abstract

The chapter is devoted to the factors aimed at optimizing the partnership of public and private sectors in the sphere of public infrastructure development. In modern conditions of economic slowdown and budget consolidation in Russia, the infrastructure has become the most important driver of economic growth and public–private partnership (PPP) – the most perspective form of cooperation of public and private investors of infrastructure projects. PPP interpretation as a structural relationship of economic system allows the authors to model optimal combination of formal and informal institutions in order to stimulate long-term economic growth. It becomes promising to model replacement of budget funds by private investment to ensure positive impact on the Russian development despite the budget consolidation. It could only be achieved in the case of formal institutionalization of appropriate conditions for private investors as to low transactional costs and attractive financial parameters. There have been determined some PPP standards connected with public infrastructure projects in order to reduce capital expenditures of the budget funds and increase the inflow of private investment. The authors have managed to obtain model estimates and graphic interpretation of government expenditures’ efficiency increase that could help to structure the fiscal conditions to induce positive multiplier effect as a result of PPP forms improvement in the public infrastructure development.

Book part
Publication date: 17 November 2023

Simon Ofori Ametepey, Clinton Ohis Aigbavboa and Wellington Didibhuku Thwala

The sustainable development goals (SDGs) are a collection of 17 goals to address the world’s most pressing sustainable development (SD) concerns by 2030. Third-world countries…

Abstract

The sustainable development goals (SDGs) are a collection of 17 goals to address the world’s most pressing sustainable development (SD) concerns by 2030. Third-world countries have a lesser global environmental impact than developed countries, and account for 66% of global greenhouse gas emissions. Infrastructure development has a key role to play in establishing a green society, with approaches such as green policy, sustainable monitoring, and sustainability reports. Indirect and induced sustainable infrastructure development (SID) dominates the SDGs, with the goal of providing secure, acceptable, readily available, and efficient transportation networks by 2030. Road infrastructure development (RID) should become more sustainable considering depleting natural resources, fragile ecological circumstances, and limited financial resources. Sustainable road infrastructure projects (SRIPs) provide several advantages, such as increased economic efficiency, lower resource utilization, greater social well-being, and enhanced protection of natural services. However, incorporating SD prerequisites into highway infrastructure projects in developing countries has been difficult due to a variety of factors. Efforts to develop sustainability certification standards for infrastructure systems are recommended, and it is important to define relevant ideas and principles for SRIP implementation. However, incorporating SD prerequisites into highway infrastructure projects in developing countries has been difficult due to a variety of factors. Different people have varied ideas about sustainability. This book aims to provide a unified guideline to aid developing nations in undertaking SRIPs and to develop a SRIP implementation model. This chapter provided a background for the book; it also provided insight into its organization, foundation, and significance. It also discusses the objectives of the book and emphasized on the purpose and motivation for writing the book.

Details

Sustainable Road Infrastructure Project Implementation in Developing Countries: An Integrated Model
Type: Book
ISBN: 978-1-83753-811-9

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Book part
Publication date: 1 August 2019

Al-Muttar Mohammed Yousif Oudah

The chapter dwells on barriers for restoration and development of country's infrastructure on the platform of individual physical and practical forces, which are peculiar for the…

Abstract

The chapter dwells on barriers for restoration and development of country's infrastructure on the platform of individual physical and practical forces, which are peculiar for the states with developing and transitional economy, as well as for developed countries. Directions of formation of the organizational model of restoration and development of country's infrastructure on the platform of individual physical and practical forces are presented; forms of public–private partnership are studied, as well as possibilities of financing. An important aspect is finding the mechanisms of leveling the risks according to the given classification. A mechanism of organizational model of controlling development of country's infrastructure and its structural elements are provided.

Article
Publication date: 5 February 2018

Abdul-Majeed Mahamadu, Patrick Manu, Colin Booth, Paul Olomolaiye, Akinwale Coker, Ahmed Ibrahim and Jessica Lamond

Procurement of public infrastructure that is fit for purpose partly depends on the competencies of procurement personnel. In many developing countries in Sub-Saharan Africa…

Abstract

Purpose

Procurement of public infrastructure that is fit for purpose partly depends on the competencies of procurement personnel. In many developing countries in Sub-Saharan Africa, including Nigeria, there is a deficit in the quantity and quality of infrastructure and their procurement is further riddled with deficiencies in the capacity of public procuring entities. The purpose of this study was to ascertain the critical skills development needs of public personnel involved in the procurement of infrastructure in Nigeria.

Design/methodology/approach

Based on a quantitative research strategy, this study sought to address the knowledge gap through a survey of public infrastructure procurement personnel (n = 288) in different tiers of government (i.e. state and local government) and geopolitical contexts (north and south) in Nigeria.

Findings

Of the 45 procurement skill areas operationalised, there is need for further development in 38 of them including: computing/ICT; problem-solving; communication; decision-making; health and safety management; quality management; relationship management; team building; project monitoring and evaluation; time management and procurement planning.

Originality/value

A key implication of this study is for policymakers in state and local government to formulate and implement infrastructure procurement capacity development reforms that address the competency gaps of procurement personnel. Such reforms need to take into account the suitable methods for developing procurement competencies. Additionally, the procurement skill areas operationalised in this capacity assessment study could serve as a useful blueprint for studying capacity deficiencies amongst public infrastructure procurement personnel in other developing countries.

Details

Journal of Engineering, Design and Technology, vol. 16 no. 1
Type: Research Article
ISSN: 1726-0531

Keywords

Article
Publication date: 19 June 2019

De-Graft Owusu-Manu, Adam Braimah Jehuri, David John Edwards, Frank Boateng and George Asumadu

This paper aims to assess the impact of infrastructure development on Ghana’s economic growth.

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Abstract

Purpose

This paper aims to assess the impact of infrastructure development on Ghana’s economic growth.

Design/methodology/approach

Using data obtained from the World Bank’s World Development Indicators, the United States’ (US) International Energy Statistics and the Central Intelligence Agency’s (CIA) Factbooks from 1980 to 2016, an autoregressive distributed lag (ARDL) framework is used to determine the long- and short-run impact of the selected infrastructure stock and quality indices on Ghana’s economic growth.

Findings

Findings indicate a statistically significant relationship between infrastructure development and economic growth. Additionally, electricity-generating capacity is identified as the infrastructure stock index that has the greatest positive impact on Ghana’s economic growth. The study reveals that electricity-distribution loss has a significant negative effect over both long- and short-run periods.

Research limitations/implications

Commercial petroleum export from Ghana since 2010 has been a key contributor to economic growth. Although its aggregate effect is included in the annual GDP figures adopted for the study, the authors would have wished to assess its impact on GDP as an independent standard growth determinant. However, because of a lack of available data over this study period, petroleum exports could not be adopted as an independent standard growth determinant. Additionally, an aggregated index of infrastructure stock and quality could not be derived because of the small size of data available. Hence, this study did not assess its impact on Ghana’s economic growth.

Practical implications

The research provides pragmatic guidance to policymakers to focus their efforts on expanding electricity-generating capacity while simultaneously taking steps to curb electricity transmission and distribution losses. These two related actions offer the greatest positive impact on infrastructure development and, as a consequence, Ghana’s economic growth.

Originality/value

This paper represents the first attempt to empirically study the relationship between infrastructure development and Ghana’s economic growth. A key contribution to the existing body of knowledge includes strong evidence of a positive effect of infrastructure development upon Ghana’s economic growth. Results also reveal that the greatest positive impact on economic growth is derived from electricity-generation capacity. However, the study also uncovers a negative, but statistically significant, relationship between road and economic growth.

Details

Journal of Financial Management of Property and Construction , vol. 24 no. 3
Type: Research Article
ISSN: 1366-4387

Keywords

Open Access
Book part
Publication date: 1 May 2019

Khotso Dithebe, Clinton Aigbavboa and Didi Wellington Thwala

Targets set out by state institutions, with respect to supplying water to deprived communities, seem to be idealistic and not realistic. Study envisioned to assess challenges of…

Abstract

Purpose

Targets set out by state institutions, with respect to supplying water to deprived communities, seem to be idealistic and not realistic. Study envisioned to assess challenges of financing water infrastructure projects, and determines the role of the state towards infrastructure development by holistically planning and engaging with the private sector.

Design/Methodology/Approach

The study adopted a quantitative approach, whereby a questionnaire survey was conducted among different stakeholders involved in water infrastructure projects in South Africa. Data gathered were analysed using percentages, mean item score and standard deviation.

Findings

The study revealed that most challenges affecting the success of the financing of water infrastructure projects in South Africa are corruption, hostility towards private participation, cost recovery constraints, high fiscal deficits by state government, unreliable planning and procurement processes, and a rapid increasing number of municipalities that lack technical and administrative capacity to plan implement, operate and maintain water assets.

Research Limitations/Implications

This research paper investigates projects’ financing challenges with a broad inspection on the role of the public sector. The apparent role of the international structures such as OECD, IMF and World Bank had no influence in the study. From the findings, it is clear that the central government and state institutions lack the necessary resources to accelerate infrastructure development, water infrastructure in particular. The study, thus, recommends a complete expansion and development of state capacity as well as improved collaborations with the private sector to drive the success delivery of services to the public.

Originality/Value

Improved and flexible regulations and legislative guidelines are required to ensure that both sectors fulfil their side of the bargain, with an ultimate goal of meeting the predetermined targets of supplying adequate water to the deprived communities.

Details

10th Nordic Conference on Construction Economics and Organization
Type: Book
ISBN: 978-1-83867-051-1

Keywords

Book part
Publication date: 6 December 2017

Elsa de Morais Sarmento and Khaled Hussein

In Africa, the public sector is very often not able per se to deliver the resources needed to assure access to basic public goods and services. The African Development Bank (AfDB…

Abstract

In Africa, the public sector is very often not able per se to deliver the resources needed to assure access to basic public goods and services. The African Development Bank (AfDB) has heavily invested in infrastructure to help overcome these long enduring bottlenecks, which have hampered economic growth in the continent. Given the AfDB’s ambitious objectives of contributing significantly to development and poverty reduction, and its continued thrust into infrastructure development through New Partnership for Africa’s Development, Africa50, and a range of collaborations to leverage resources for the continent, it is useful to consider the nature of the Bank’s involvement in Public–Private partnerships (PPPs) and identify lessons learned and recommendations for improvement. The methodology employs mixed methods, with desk reviews, staff consultations and analytical analysis of project data from 2006 to 2014 in 18 countries. Lessons and recommendations are drawn from the ‘Evaluation Results Database’, covering the period 2001–2012 from projects in 12 countries and six sectors. Overall, 64.4% of the PPP volume of the AfDB’s portfolio was allocated to lower middle-income countries, with low-income countries receiving about a quarter. The energy sector accounted for over 78% of the total PPP volume. A pragmatic account of what was done and learned from PPP implementation processes over a decade in the African continent is provided in this chapter, together with successes and failures from the AfDB’s experience, as the Bank itself and a range of other Multilateral Development Banks and donors continue to scale up infrastructure financing in Africa.

Details

The Emerald Handbook of Public–Private Partnerships in Developing and Emerging Economies
Type: Book
ISBN: 978-1-78714-494-1

Keywords

Article
Publication date: 20 July 2023

Mohammadjavad Shabankareh, Alireza Nazarian, Mohammad Hassan Golestaneh and Fereshteh Dalouchi

Health tourism is a relatively new branch of international tourism that has developed more rapidly than other tourism sectors in recent years. This study aimed to investigate the…

Abstract

Purpose

Health tourism is a relatively new branch of international tourism that has developed more rapidly than other tourism sectors in recent years. This study aimed to investigate the effect of government supports on health tourism development by considering the mediating role of internal and external infrastructures.

Design/methodology/approach

The study population consisted of all experts of two hospitals in Iran, which are frequently visited by foreign tourists (N = 151). A questionnaire, developed by combining standard and researcher-made questionnaires, was used to collect the data. The confirmatory factor analysis (CFA) model was developed in SmartPLS 3 to test the hypotheses.

Findings

The main hypothesis test results indicated that government supports positively affect the development of health tourism. Internal and external infrastructures were also found to mediate the relationship between government supports and health tourism development. In addition, the sub-hypothesis test results showed that internal and external infrastructures are positively affected by government supports, which puts forth the development of health tourism. As the results explained, the most important aspects of internal infrastructures affected by government support were health service quality, cost of health services and applying advanced medical technologies, respectively. Also, different aspects of external infrastructures affected by government supports are as follows: economic, infrastructures and cultural factors.

Originality/value

This study is the first of its kind to examine the impact of both medical and non-medical factors on health tourism and signifies the crucial role of governments in the development of health tourism.

Details

International Journal of Emerging Markets, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1746-8809

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Article
Publication date: 6 June 2017

Nilesh Agarchand and Boeing Laishram

Infrastructure development through public-private partnership (PPP) route in India has exhibited concerns about not promoting progress toward sustainable development goals…

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Abstract

Purpose

Infrastructure development through public-private partnership (PPP) route in India has exhibited concerns about not promoting progress toward sustainable development goals, particularly social and environmental perspectives. The purpose of this paper is, therefore, to identify the shortcomings in the Indian PPP procurement process using the key principles of sustainability.

Design/methodology/approach

Qualitative research inquiry through grounded theory approach by using the literature and interview source was used to identify the challenges encountered in sustainable infrastructure development of PPP projects. These challenges were, first, reviewed from the perspectives of key sustainability principles and then discussed with the key stakeholders through focused interviews. Furthermore, micro-interlocutor analysis was carried to get an insight on the extent of consensus amongst the experts regarding these identified shortfalls.

Findings

The key shortfalls identified from the study that adversely affect progress toward sustainable development include incomprehensive environmental impact assessment and social impact assessment studies; lack of stakeholder and local participation; high bidding and transaction cost; high user charges; improper risk allocation; lack of transparency and accountability; goal conflicts between public and private sector; and lack of skill and knowledge about sustainability.

Practical implications

The study findings will help in devising appropriate strategies for enhancing the mechanisms, policies, and governance structure of PPP process in order to overcome these shortfalls and help in accomplishing the goals of sustainability while developing infrastructure even through PPP route.

Originality/value

The paper presents different insights into PPP from sustainability perspective which has not been the focus of the current studies on PPPs. Sustainability assessment of PPP procurement is an area of research which is in a nascent stage.

Details

International Journal of Managing Projects in Business, vol. 10 no. 3
Type: Research Article
ISSN: 1753-8378

Keywords

21 – 30 of over 82000