Public-Private Partnerships: Principles of Policy and Finance PDF Download Ebook. E. R. Yescombe offers a systematic presentation of the recent trend where governments look increasingly to the private sector for building and managing infrastructure facilities as well as for providing specialized services.
Over the last decade or so, private-sector financing through public-private partnerships (PPPs) has become increasingly popular around the world as a way of procuring and maintaining public-sector infrastructure in sectors such as transportation (roads, bridges, tunnels, railways, ports, airports), social infrastructure (hospitals, schools, prisons, social housing), public utilities (water supply, waste water treatment, waste disposal), government offices and other specialized services (such as communications networks or defense equipment).
This textbook, based on the author's practical experience on the public- and private-sector sides of the table, reviews the key policy issues in determining whether to adopt the PPP procurement route, and the specific application of this policy approach in PPP contracts, comparing international practices in this respect.
The text covers a wide range of issues, from very general policy ones faced by authorities in considering whether to adopt the PPP route, to much more technical ones, including financial analysis, procurement, financial and legal structuring.
Written by an experienced practitioner, Mr. Yescombe's work represents an invaluable and authoritative guide to all parties involved in PPPs- from investors, bankers, companies providing infrastructure and services to public sector authorities and the public at large as the main user of PPP facilities and/or services. The book will be an excellent introduction for newcomers into the PPP business as well as a valuable reference source for all those that already have experience in the subject.
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