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1. Understanding PPPs in Developing and Emerging Countries Top 10 Reasons Why (Not) and How (Not) to Implement PPPs in the Developing and Emerging Economies Infrastructure Development through Public Private Partnerships in Africa The Degree of Private Participation in PPPs: Evidence from Developing and Emerging Economies Public-Private Partnership in Developing China: Evolution, Institutionalization and Risks Public-Private Partnership for Development: Governance Promises and Tensions
This volume brings together 22 essays on key aspects of designing, implementing, operating, and evaluating public-private partnerships in emerging and developing economies, to contribute towards their development and growth. Economics, management, sociology, and other researchers based around the world illustrate the key role of public-private partnerships in these economies, as well as cross-country diversity in terms of their institutional and governance framework, strategic resources, and business environment. They address recent trends in public-private partnerships; public policy practices and social entrepreneurship; implementation and evaluation of public-private partnerships; empirical analysis of public-private partnership determinants; identification of constraints, triggers, and determinants to implementation; guiding principles for public-private partnership sustainability; and lessons learned and emerging best practices from case studies. They describe the key definitions, concepts, risks, and tensions relevant to the institutionalization of public-private partnerships, and the drivers of investment in these countries, as well as the importance of the governance of the public-private partnership framework; making public-private partnerships work for the poor and application to local communities, agricultural transformation, and social and commercial infrastructure; the environment setup and social entrepreneurship as success factors to support and streamline public-private partnership implementation, including examples from Pakistan, Kosovo, and Africa; and implementation in service-based sectors and infrastructure, a theory-based approach to evaluation, and the relationship between project characteristics and macroeconomic and institutional factors affecting the degree of private sector participation in infrastructure public-private partnerships in developing countries, with studies of Brazil, Chile, Colombia, Nigeria, Senegal, Turkey, India, and Central Asia.