Abstract
During the last couple of decades, the public-private partnership (PPP) concept has gained grounds globally, and this is mostly realized in developing countries (Osei-Kyei and Chan 2017a). Many governments are now very enthusiastic about the concept, and different governments have varying motivations for adopting the policy. Nonetheless, developing countries have huge infrastructure deficit coupled with rapid urbanization growth; therefore, the PPP concept is seen to offer huge relief. However, it should be mentioned that despite the commitment shown by many governments in developing countries, more projects are yet to be fully implemented. Developing countries are currently facing numerous challenges including corruption, lack of transparency and competition, risk misallocation, poor value for money, public agitations, and political….
| Original language | English |
|---|---|
| Title of host publication | Global Encyclopedia of Public Administration, Public Policy, and Go. |
| Subtitle of host publication | With 294 Figures and 229 Tables |
| Publisher | Springer International Publishing |
| Pages | 5294-5301 |
| Number of pages | 8 |
| ISBN (Electronic) | 9783319209289 |
| ISBN (Print) | 9783319209272 |
| DOIs | |
| Publication status | Published - 1 Jan 2018 |
Bibliographical note
Publisher Copyright:© Springer International Publishing AG, part of Springer Nature 2018.
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 9 Industry, Innovation, and Infrastructure
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SDG 16 Peace, Justice and Strong Institutions
Keywords
- Private investments
- Privatization
- Public administration
- Public policy
- Public private infrastructure
- Public procurement
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