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Barriers to the use of public-private partnerships for provision of public infrastructure in developing countries: A review

机译:发展中国家利用公私伙伴关系提供公共基础设施的障碍:回顾

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Public private partnerships (PPP) or Private Finance Initiatives (PFI) are the new age procurement strategy used by many governments across the world to provide the much needed world-class public services for their citizenry. The strategy emanated from the UK in 1992 and has spread across the entire globe though in varying degrees. Developing countries are still trying to find their feet under this procurement strategy, the reasons for this lethargy stems from a number of factors which though within the purview of these countries but has continued to elude them. Public private partnerships adoption is meant to curb sovereign debt burden, increase Value for Money (VFM) of constructed assets, manage the risks of time and cost overruns, improve the quality of the final product, improve efficiency of public services, assist in public sector reforms under the New Public Management (NPM), reduce project life-cycle costs, promote local economic growth, strengthen national infrastructure, hasten development and create a private sector-led economy. The above benefits are indeed novel however achieving them using this procurement strategy requires the fulfillment of a number of conditions; therefore it is the aim of this paper to highlight the barriers and conditions that must be met for this procurement strategy to thrive in developing countries
机译:公私合作伙伴关系(PPP)或私募融资计划(PFI)是全球许多国家/地区的政府采用的新时代采购策略,旨在为其公民提供急需的世界级公共服务。该策略始于1992年的英国,尽管程度不同,但已遍及全球。发展中国家仍在设法在这种采购战略中站稳脚跟,造成这种嗜睡的原因来自许多因素,这些因素虽然在这些国家的职权范围内,但仍在继续躲避它们。采用公私合营伙伴关系的目的是减轻主权债务负担,增加已建资产的物有所值(VFM),管理时间和成本超支的风险,提高最终产品的质量,提高公共服务的效率,协助公共部门新公共管理(NPM)下的改革,降低项目生命周期成本,促进当地经济增长,加强国家基础设施,加快发展并创建以私营部门为主导的经济。上述好处确实是新颖的,但是使用这种采购策略实现这些好处需要满足许多条件;因此,本文的目的是强调在发展中国家蓬勃发展的采购战略必须满足的障碍和条件

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