Mobilizing Private Finance for Local Infrastructure in Europe and Central Asia : An Alternative Public Private Partnership Framework

dc.creatorBrzeski, W. Jan
dc.creatorNoel, Michel
dc.date2012-06-06T20:28:53Z
dc.date2012-06-06T20:28:53Z
dc.date2005
dc.date.accessioned2026-07-01T01:21:42Z
dc.descriptionIn recent years, the countries of Europe and Central Asia (ECA) have experienced a marked decline in investments by international private operators/investors in local infrastructure-much in line with the trend observed in other emerging markets. This decline has been particularly significant in the local water and energy sectors. In light of the increasingly tight fiscal constraints faced by governments across ECA, there is a strong need to develop alternative Public-Private Partnership frameworks that could attract private investors to the local infrastructure sector. The growing challenge is to identify and implement adequate financing frameworks and modalities of public support Public-Private Partnerships that would be sufficient to attract participation of private investors in local infrastructure without increasing the risk of moral hazard. The objective of this paper is to explore possible elements of an alternative PPP framework that could help governments in ECA to meet this challenge. The paper identifies key impediments to the development of Public-Private Partnerships in local infrastructure in ECA and discusses the elements of the proposed Public-Private Partnership framework.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2005/01/5799241/mobilizing-private-finance-local-infrastructure-europe-central-asia-alternative-public-private-partnership-framework
dc.identifier0-8213-6055-8
dc.identifierhttps://hdl.handle.net/10986/7333
dc.identifierhttps://doi.org/10.1596/0-8213-6055-8
dc.identifier.urihttp://hdl.handle.net/123456789/417391
dc.languageEnglish
dc.languageen_US
dc.publisherWashington, DC: World Bank
dc.relationWorld Bank Working Paper No. 46
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo
dc.rightsWorld Bank
dc.subjectACCOUNTING
dc.subjectACCOUNTING STANDARDS
dc.subjectAFFILIATED ORGANIZATIONS
dc.subjectASSURANCE
dc.subjectBANKS
dc.subjectBARRIERS TO ENTRY
dc.subjectBONDS
dc.subjectCIVIL SOCIETY
dc.subjectCIVIL SOCIETY ORGANIZATIONS
dc.subjectCOMPLIANCE COSTS
dc.subjectCONSOLIDATION
dc.subjectCONTRACT ENFORCEMENT
dc.subjectCONTRACT ENFORCEMENT/DISPUTE
dc.subjectCORPORATE GOVERNANCE
dc.subjectCORRUPTION
dc.subjectCREDIT RISKS
dc.subjectDEBT
dc.subjectDEBT/EQUITY
dc.subjectDEBT/EQUITY/GRANT
dc.subjectDEVELOPMENT/THE
dc.subjectDISCLOSURE
dc.subjectDIVIDENDS
dc.subjectDOMESTIC CAPITAL MARKETS
dc.subjectECONOMICS
dc.subjectELECTED OFFICIALS
dc.subjectEMERGING MARKETS
dc.subjectENFORCEABLE PROPERTY RIGHTS
dc.subjectEQUITY INVESTMENTS
dc.subjectFINANCIAL CRISES
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL SERVICES
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN INVESTORS
dc.subjectIFI/PRIVATE SECTOR
dc.subjectINCOME
dc.subjectINFRASTRUCTURE SERVICES
dc.subjectINSURANCE
dc.subjectINSURANCE COMPANIES
dc.subjectLAND MARKETS
dc.subjectLATIN AMERICAN
dc.subjectLAWS
dc.subjectLEGAL FRAMEWORK
dc.subjectLOCAL AUTHORITIES
dc.subjectLOCAL GOVERNMENT
dc.subjectLOCAL GOVERNMENTS
dc.subjectMARKET COMPETITION
dc.subjectMORAL HAZARD
dc.subjectMUNICIPALITIES
dc.subjectMUTUAL FUNDS
dc.subjectNEGOTIATIONS
dc.subjectNEW ENTRANTS
dc.subjectNORTH AFRICA
dc.subjectOFFERINGS
dc.subjectOLIGOPOLY
dc.subjectOPERATOR/INVESTORS
dc.subjectOPERATORS/INVESTORS
dc.subjectOPPORTUNITY COSTS
dc.subjectPENALTIES
dc.subjectPENSION FUNDS
dc.subjectPOLICY/INSTITUTIONAL/FINANCIAL INSTRUMENTS
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATIZATION
dc.subjectPUBLIC FINANCE
dc.subjectREGULATORY ENVIRONMENT
dc.subjectRISK INSURANCE
dc.subjectRISK MITIGATION
dc.subjectSANITATION
dc.subjectSECURITIES
dc.subjectSPONSORS/INVESTORS
dc.subjectSTATEMENTS
dc.subjectSUBSIDIARY
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTRANSPARENCY
dc.subjectTRANSPORT
dc.subjectTRANSPORTATION
dc.subjectWASTE MANAGEMENT
dc.subjectWATER SERVICES
dc.titleMobilizing Private Finance for Local Infrastructure in Europe and Central Asia : An Alternative Public Private Partnership Framework

Archivos

Colecciones