IDEAS home Printed from https://ideas.repec.org/a/prg/jnlefa/v2017y2017i2id178p05-16.html
   My bibliography  Save this article

The Breadth of Success and Failure Factors with PPPs Implementation

Author

Listed:
  • Ncedo Cameron Xhala
  • Juraj Nemec
  • Kahilu Kajimo-Shakantu

Abstract

The financing of public infrastructure investment through public-private partnerships faces daunting challenges related to the success of implementation of public infrastructure investment. There are multi-dimensional competing factors which inhibit the short and long-term implementation of PPPs, some of them may result to failure of implementation. The implementation of PPPs requires a set of success factors and its positive result is not automatic. This paper offers an overview of challlenges facing the implementation of PPPs and lists the most important success factors which increase the chance for successful implementation of PPPs. This paper further explores the range and ranking of the most important successful factors required for the realization of PPPs.

Suggested Citation

  • Ncedo Cameron Xhala & Juraj Nemec & Kahilu Kajimo-Shakantu, 2017. "The Breadth of Success and Failure Factors with PPPs Implementation," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2017(2), pages 5-16.
    • Handle: RePEc:prg:jnlefa:v:2017:y:2017:i:2:id:178:p:05-16
    DOI: 10.18267/j.efaj.178
    as

    Download full text from publisher

    File URL: http://efaj.vse.cz/doi/10.18267/j.efaj.178.html
    Download Restriction: free of charge
    File URL: http://efaj.vse.cz/doi/10.18267/j.efaj.178.pdf
    Download Restriction: free of charge
    File URL: https://libkey.io/10.18267/j.efaj.178?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Raffaele Della Croce & Stefano Gatti, 2014. "Financing infrastructure – International trends," OECD Journal: Financial Market Trends, OECD Publishing, vol. 2014(1), pages 123-138.
    2. Spackman, Michael, 2002. "Public-private partnerships: lessons from the British approach," Economic Systems, Elsevier, vol. 26(3), pages 283-301, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fandel, Günter & Giese, Anke & Mohn, Brigitte, 2012. "Measuring synergy effects of a Public Social Private Partnership (PSPP) project," International Journal of Production Economics, Elsevier, vol. 140(2), pages 815-824.
    2. Yuri Biondi, 2009. "Capital budgeting under relational contracting: optimal ranking and duration criteria for schemes of concession, project-financing and public-private partnership," Post-Print hal-00404305, HAL.
    3. Brenck, Andreas & Beckers, Thorsten & Heinrich, Maria & von Hirschhausen, Christian, 2005. "Public-private partnerships in new EU member countries of Central and Eastern Europe: An economic analysis with case studies from the highway sector," EIB Papers 10/2005, European Investment Bank, Economics Department.
    4. Lee, Minsoo & Han, Xuehui & Quising, Pilipinas & Villaruel, Mai Lin, 2018. "Hazard Analysis on Public–Private Partnership Projects in Developing Asia," ADB Economics Working Paper Series 548, Asian Development Bank.
    5. Ghina Yamout & Dima Jamali, 2007. "A critical assessment of a proposed public private partnership (PPP) for the management of water services in Lebanon," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 21(3), pages 611-634, March.
    6. Athanasios A. Pallis & Francesco Parola & Giovanni Satta & Theo E. Notteboom, 2018. "Private entry in cruise terminal operations in the Mediterranean Sea," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 20(1), pages 1-28, March.
    7. Claude Montmarquette & Iain Scott, 2007. "Taux d'actualisation pour l'évaluation des investissements publics au Québec," CIRANO Project Reports 2007rp-02, CIRANO.
    8. Salvatore Russo, 2013. "The swing of public-private partnership in the Italian hospitals. A comparative analysis of two case studies," Working Papers 21, Venice School of Management - Department of Management, Università Ca' Foscari Venezia.
    9. Benedetto Manganelli & Francesco Tajani, 2014. "Optimised management for the development of extraordinary public properties," Journal of Property Investment & Finance, Emerald Group Publishing Limited, vol. 32(2), pages 187-201, February.
    10. von Hirschhausen, Christian & Beckers, Thorsten & Brenck, Andreas, 2004. "Infrastructure regulation and investment for the long-term--an introduction," Utilities Policy, Elsevier, vol. 12(4), pages 203-210, December.
    11. Frank Hartwich & Carlos Negro, 2010. "The role of collaborative partnerships in industry innovation: lessons from New Zealand's dairy sector," Agribusiness, John Wiley & Sons, Ltd., vol. 26(3), pages 425-449.
    12. Jiangang Shi & Kaifeng Duan & Guangdong Wu & Rui Zhang & Xiaowei Feng, 2020. "Comprehensive metrological and content analysis of the public–private partnerships (PPPs) research field: a new bibliometric journey," Scientometrics, Springer;Akadémiai Kiadó, vol. 124(3), pages 2145-2184, September.
    13. Miranda Sarmento, J. & Renneboog, L.D.R., 2014. "Anatomy of Public-Private Partnerships : Their Creation, Financing, and Renegotiations," Other publications TiSEM d276f5b6-49cb-40c7-b83c-1, Tilburg University, School of Economics and Management.
    14. Jean-Etienne de Bettignies & Thomas W. Ross, 2004. "The Economics of Public-Private Partnerships," Canadian Public Policy, University of Toronto Press, vol. 30(2), pages 135-154, June.
    15. Thais Rangel & Jesús Galende, 2010. "Innovation in public--private partnerships (PPPs): the Spanish case of highway concessions," Public Money & Management, Taylor & Francis Journals, vol. 30(1), pages 49-54, January.
    16. Asenova, Darinka & Beck, Matthias, 2010. "Crucial silences: When accountability met PFI and finance capital," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 21(1), pages 1-13.
    17. Qiang Wang & Thomas Dogot & Yueling Yang & Jian Jiao & Boyang Shi & Changbin Yin, 2020. "From “Coal to Gas” to “Coal to Biomass”: The Strategic Choice of Social Capital in China," Energies, MDPI, vol. 13(16), pages 1-22, August.
    18. Miranda Sarmento, J.J. & Renneboog, Luc, 2016. "Anatomy of public-private partnerships : Creation, financing, and renegotiations," Other publications TiSEM dc944be7-8594-4439-90da-6, Tilburg University, School of Economics and Management.
    19. Ozili, Peterson K, 2020. "Theories of financial inclusion," MPRA Paper 101810, University Library of Munich, Germany.
    20. Tajani, Francesco & Morano, Pierluigi & Di Liddo, Felicia, 2020. "The optimal combinations of the eligible functions in multiple property assets enhancement," Land Use Policy, Elsevier, vol. 99(C).

    More about this item

    Keywords

    Public Infrastructure; Investment;

    JEL classification:

    • H89 - Public Economics - - Miscellaneous Issues - - - Other

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prg:jnlefa:v:2017:y:2017:i:2:id:178:p:05-16. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stanislav Vojir (email available below). General contact details of provider: https://edirc.repec.org/data/uevsecz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.