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This chapter uses data from the World Bank’s Private Participation in Infrastructure project database, and hand-collected evidence on project performance, to examine how PPPs are applied to infrastructure development in Africa, and how well they have delivered expected benefits. It has two analytical parts: an investment trend analysis and a meta-analysis of project performance and explanatory factors. The analysis shows growth both in number and volume of PPP investments that is weaker than that observed in other developing regions, and more volatile. The performance of PPP contracts appears to be improving over time with an overall cancelation rate of 7% over the assessment period. Although PPPs have contributed to increasing infrastructure stock, they have not completely met their potential, especially with respect to increasing infrastructure access rates. The main determinants of performance include accuracy of costing and allocation of risks, consistency of macro policies with the objectives and functioning of PPPs, coherence of sector policies and plans and local capacity. Contract cancellations are mainly explained by the misalignment of outcomes with government objectives, in particular, access and investment objectives. These findings suggest that PPP application should be well planned to ensure coherence of a wide range of policies, readiness of institutions and capacity of public sector actors. This chapter contributes to closing information gaps on a relatively novel policy instrument, and provides useful evidence to support prudent policy making at the time of considerable growth in PPP application.

This chapter is a study of the impact of environmental, social, and governance (ESG) issues on credit rating in India. It will help issuers, investors, and other market participants understand rating agencies' approach to incorporating the sustainability-related factors in its analysis. This will provide an overall perspective on the considerations that are usually the most important. Under environment considerations, climate change, waste recycling, air pollutants, and natural capital sustainability can be important factors. Social considerations are becoming more and more important among investors and consumers and are raising awareness about prosperous and failing communities. Moreover, COVID-19 pandemic has further highlighted the need for redirecting capital flows toward sustainable activities, making our economy and society more resilient against shocks. Governance factors primarily involve the corporate governance practices prevalent in the entity reflecting the different rights and responsibilities among its different stakeholders management, board of directors, employees, lenders, shareholders, customers, and suppliers. It also encompasses the corporate's business conduct and practices related to transparency and disclosure. This chapter will focus on the contemporary issues of including ESG in credit rating and what are the probable impacts of doing the same.

With favorable rating, companies can access international debt market easily. Moreover a favorable sovereign rating is beneficial for the overall economy of a country as better rating enables the government of the country to access the international debt market. Even capital allocation by foreign institutional investors increases which is beneficial for the equity market too.

In this chapter, Mousumi De presents the principles and implications of CRT in the context of Asian and Asian American experiences including the perspective, features, strategies, and new directions on how to facilitate the preparation of teacher candidates and work with all teachers to understand the complexity of the Asian and Asian American identity, their racialized experiences, and their sociohistorical, transnational contexts that continue to influence their lived experiences. This chapter highlights the important issues and challenges facing Asians and Asian Americans that have been camouflaged by their stereotypical treatment as model minorities. It also shares the work of many scholars on approaches for promoting diversity and inclusion, such as implementing anti-racist, anti-oppressive, and inclusive history curricula, cultural citizenship education, teaching for social justice, and culturally responsive and culturally sustaining teaching for addressing the marginalization of Asians and Asian Americans.

Nowadays, several processes help organize scholarly work about sport and physical activities in France. These include professional development activities of sport and leisure organizations; cultural innovations within sports and physical activities, which involve new spaces with new technologies; questions of public health; and questions of inclusion for marginal groups such as handicapped persons. Questions of power are important to understand each sport situation and each sport sociocultural, economic, and ecologic system. Behind the political and institutional instrumentalization of sport, the reality of social and cultural changes is rarely clear. Strong social, cultural, and economic forces continue to govern sports and seem to be more and more prominent. When sport scandals emerge, the media reveal the case, notably but not exclusively in the context of commercial interests. The possibility for a caring and respectful physical education experience and to improve inclusion for all (Gardou, C. (2012). La société inclusive, parlons-en! Toulouse: Erès) seems like an uphill battle.

This contribution responds to the call of various researchers for a shift in Responsible Management Education (RME) to adopt a more human-centered and less organizational-centered approach. Service learning (SL) is introduced as a possibility to offer didactical opportunities for participants to connect real-world experiences to system thinking in various ways. We suggest an approach called a “Prism of Reflections” to pique participants' hermeneutical, technical, and emancipatory interests so they can delve deeply into local social and environmental issues and be able to connect them to broader global issues as encapsulated in the Sustainable Development Goals (SDGs). We exemplify our method by demonstrating how students reflect on their experiences working at food banks, and how they relate to concerns of sustainability, poverty, and access to food. Our research suggests that this approach offers a way to situate organizational thinking and instrumental reasoning in a larger framework that considers the aims of hermeneutics, technical and emancipatory discourses. Our findings demonstrate that there are conflicts and dissonances when connecting intersubjective real-world perceptions to emancipatory interests and technical knowledge, particularly when it comes to challenges in the realm of food.