IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/122643.html
   My bibliography  Save this paper

Bridging the Gap: Public-Private Partnerships in Sustainable Building for Developing Countries

Author

Listed:
  • Asuamah Yeboah, Samuel

Abstract

This review evaluates the effectiveness of public-private partnerships (PPPs) in advancing sustainable building projects in developing countries. It highlights key areas such as resource mobilization, expertise utilization, innovation, risk-sharing, and community impact. Findings show that PPPs attract private investment, complement public funds, and drive large-scale sustainable construction. They enhance technical expertise, foster knowledge transfer, and encourage the adoption of advanced technologies. Risk-sharing mechanisms reduce financial burdens, attracting more investors. Additionally, PPPs improve social outcomes, including job creation and community resilience. The review emphasises the need for supportive policies, capacity-building programs, and monitoring systems to strengthen PPPs in sustainable development. Further research should focus on comparative models and long-term impacts.

Suggested Citation

  • Asuamah Yeboah, Samuel, 2024. "Bridging the Gap: Public-Private Partnerships in Sustainable Building for Developing Countries," MPRA Paper 122643, University Library of Munich, Germany, revised 10 Oct 2024.
    • Handle: RePEc:pra:mprapa:122643
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/122643/1/MPRA_paper_122643.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Yao Yu & Robert Osei‐Kyei & Albert Ping Chuen Chan & Chuan Chen & Igor Martek, 2018. "Review of social responsibility factors for sustainable development in public–private partnerships," Sustainable Development, John Wiley & Sons, Ltd., vol. 26(6), pages 515-524, November.
    2. Erik Hans Klijn & Joop Koppenjan, 2016. "The impact of contract characteristics on the performance of public–private partnerships (PPPs)," Public Money & Management, Taylor & Francis Journals, vol. 36(6), pages 455-462, September.
    3. Steven Tadelis & Oliver E.Williamson, 2012. "Transaction Cost Economics [The Handbook of Organizational Economics]," Introductory Chapters,, Princeton University Press.
    4. Anaïs Fabre & Stéphane Straub, 2023. "The Impact of Public–Private Partnerships (PPPs) in Infrastructure, Health, and Education," Journal of Economic Literature, American Economic Association, vol. 61(2), pages 655-715, June.
    5. Isaac Akomea-Frimpong & Xiaohua Jin & Robert Osei-Kyei, 2022. "Mapping Studies on Sustainability in the Performance Measurement of Public-Private Partnership Projects: A Systematic Review," Sustainability, MDPI, vol. 14(12), pages 1-20, June.
    6. Rianne Warsen & José Nederhand & Erik Hans Klijn & Sanne Grotenbreg & Joop Koppenjan, 2018. "What makes public-private partnerships work? Survey research into the outcomes and the quality of cooperation in PPPs," Public Management Review, Taylor & Francis Journals, vol. 20(8), pages 1165-1185, August.
    7. Agarwal, Vernika & Malhotra, Snigdha & Dagar, Vishal & M. R, Pavithra, 2023. "Coping with public-private partnership issues: A path forward to sustainable agriculture," Socio-Economic Planning Sciences, Elsevier, vol. 89(C).
    8. Nannan Wang & Minxun Ma, 2021. "Public–private partnership as a tool for sustainable development – What literatures say?," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(1), pages 243-258, January.
    9. Jacob Park, 2022. "How can we pay for it all? Understanding the global challenge of financing climate change and sustainable development solutions," Journal of Environmental Studies and Sciences, Springer;Association of Environmental Studies and Sciences, vol. 12(1), pages 91-99, March.
    10. Anna Wojewnik-Filipkowska & Joanna Węgrzyn, 2019. "Understanding of Public–Private Partnership Stakeholders as a Condition of Sustainable Development," Sustainability, MDPI, vol. 11(4), pages 1-16, February.
    11. Moszoro Marian W., 2024. "The direct employment impact of public investment," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 60(1), pages 59-74, March.
    12. Svetlana Maslova, 2020. "Achieving sustainable development goals through public private partnership: critical review and prospects," International Journal of Innovation and Sustainable Development, Inderscience Enterprises Ltd, vol. 14(3), pages 288-312.
    13. Gianluca Elia & Alessandro Margherita & Claudio Petti, 2020. "Building responses to sustainable development challenges: A multistakeholder collaboration framework and application to climate change," Business Strategy and the Environment, Wiley Blackwell, vol. 29(6), pages 2465-2478, September.
    14. Paul Mansell & Simon P. Philbin & Efrosyni Konstantinou, 2020. "Redefining the Use of Sustainable Development Goals at the Organisation and Project Levels—A Survey of Engineers," Administrative Sciences, MDPI, vol. 10(3), pages 1-39, August.
    15. Khozema Ahmed Ali & Mardiana Idayu Ahmad & Yusri Yusup, 2020. "Issues, Impacts, and Mitigations of Carbon Dioxide Emissions in the Building Sector," Sustainability, MDPI, vol. 12(18), pages 1-11, September.
    16. Crystal COLE, 2017. "Project Management Evolution to Improve Success in Infrastructure Projects," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 5(4), pages 619-640, December.
    17. Pascual Berrone & Joan Enric Ricart & Ana Isabel Duch & Valeria Bernardo & Jordi Salvador & Juan Piedra Peña & Miquel Rodríguez Planas, 2019. "EASIER: An Evaluation Model for Public–Private Partnerships Contributing to the Sustainable Development Goals," Sustainability, MDPI, vol. 11(8), pages 1-25, April.
    18. Betty Oluwafunso Olojede & Akintayo Opawole & Godwin Onajite Jagboro, 2020. "Capability development measures adopted by public sector organizations in PPP projects delivery in developing countries," Journal of Public Procurement, Emerald Group Publishing Limited, vol. 20(2), pages 145-161, March.
    19. Jean-François Hennart & Alain Verbeke, 2022. "Actionable and enduring implications of Oliver Williamson’s transaction cost theory," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(8), pages 1557-1575, October.
    20. Antoaneta Gueorguieva VASSILEVA, 2022. "Green Public-Private Partnerships (PPPs) as an Instrument for Sustainable Development," Journal of World Economy: Transformations & Transitions, ERUDITUS, vol. 2(5).
    21. Axel Marx, 2019. "Public-Private Partnerships for Sustainable Development: Exploring Their Design and Its Impact on Effectiveness," Sustainability, MDPI, vol. 11(4), pages 1-9, February.
    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. Cao, Fuguo & Li, Runyu & Guo, Shaobo, 2024. "Rhetoric and reality of public-private partnerships in China: A sustainable public procurement perspective," Socio-Economic Planning Sciences, Elsevier, vol. 92(C).
    2. Gabriel Castelblanco & Jose Guevara & Harrison Mesa & Diego Flores, 2020. "Risk Allocation in Unsolicited and Solicited Road Public-Private Partnerships: Sustainability and Management Implications," Sustainability, MDPI, vol. 12(11), pages 1-28, June.
    3. Asuamah Yeboah, Samuel, 2024. "Navigating the Nexus: Overcoming Challenges in Public-Private Partnerships for Sustainable Building Initiatives in Developing Countries," MPRA Paper 122667, University Library of Munich, Germany, revised 05 Nov 2024.
    4. Verweij, Stefan & Meerkerk, Ingmar van, 2020. "Do public-private partnerships perform better? A comparative analysis of costs for additional work and reasons for contract changes in Dutch transport infrastructure projects," Transport Policy, Elsevier, vol. 99(C), pages 430-438.
    5. Stella Pfisterer & Rob Van Tulder, 2020. "Navigating Governance Tensions to Enhance the Impact of Partnerships with the Private Sector for the SDGs," Sustainability, MDPI, vol. 13(1), pages 1-17, December.
    6. Nannan Wang & Xiaoyan Chen & Guobin Wu, 2019. "Public Private Partnerships, a Value for Money Solution for Clean Coal District Heating Operations," Sustainability, MDPI, vol. 11(8), pages 1-18, April.
    7. Zhen Chen & Yaqi Zhao & Xia Zhou & Lin Zhang, 2020. "Investigating Critical Factors That Encourage Private Partners to Participate in Sports and Leisure Characteristic Town Public-Private Partnerships: Evidence from China," Sustainability, MDPI, vol. 12(8), pages 1-23, April.
    8. Kopańska, Agnieszka & Osinski, Roman & Korbus, Bartosz, 2024. "Private entities motivations to participate in public-private partnerships," Socio-Economic Planning Sciences, Elsevier, vol. 92(C).
    9. Yingying Ma & Zhuojun Liu & Shuguang Shen, 2020. "Public-Private or Master-Servant? Examining the Implementation of the Serious Disease Insurance Scheme in China," IJERPH, MDPI, vol. 17(5), pages 1-15, February.
    10. Nannan Wang & Minxun Ma, 2021. "Public–private partnership as a tool for sustainable development – What literatures say?," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(1), pages 243-258, January.
    11. Abimbola A. Adebayo & Kris Lulofs & Michiel Adriaan Heldeweg, 2023. "Indicators, Strategies, and Rule Settings for Sustainable Public–Private Infrastructure Partnerships: From Literature Review towards Institutional Designs," Sustainability, MDPI, vol. 15(12), pages 1-26, June.
    12. Constantin Florentina & Drăcea Raluca-Mihalea & Ciobanu Laura, 2024. "Market Risk Factors Analysis on Public-Private Partnerships in the Livestock Sector," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 18(1), pages 2816-2834.
    13. Mengyuan Cheng & Guoliang Liu & Yongshun Xu & Ming Chi, 2021. "Enhancing Trust Between PPP Partners: The Role of Contractual Functions and Information Transparency," SAGE Open, , vol. 11(3), pages 21582440211, August.
    14. Minxun Ma & Nannan Wang & Wenjian Mu & Lin Zhang, 2022. "The Instrumentality of Public-Private Partnerships for Achieving Sustainable Development Goals," Sustainability, MDPI, vol. 14(21), pages 1-17, October.
    15. Schmid, Andreas, 2007. "Incentive Compatibility and Efficiency in the contractual Insurer-Provider Relationship: Economic Theory and practical Implications: The Case of North Carolina," MPRA Paper 23311, University Library of Munich, Germany, revised 2008.
    16. Paskalev, Zdravko & Yildirim, Huseyin, 2017. "A theory of outsourced fundraising: Why dollars turn into “Pennies for Charity”," Journal of Economic Behavior & Organization, Elsevier, vol. 137(C), pages 1-18.
    17. Schneider, Christian O. & Bremen, Philipp & Schönsleben, Paul & Alard, Robert, 2013. "Transaction cost economics in global sourcing: Assessing regional differences and implications for performance," International Journal of Production Economics, Elsevier, vol. 141(1), pages 243-254.
    18. Bin Xue & Bingsheng Liu & Tao Liang & Dong Zhao & Tao Wang & Xingbin Chen, 2022. "A heterogeneous decision criteria system evaluating sustainable infrastructure development: From the lens of multidisciplinary stakeholder engagement," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(4), pages 556-579, August.
    19. David E. Cantor & Tingting Yan & Mark Pagell & Wendy L. Tate, 2022. "From the editors: Introduction to the emerging discourse incubator on the topic of leveraging multiple types of resources within the supply network for competitive advantage," Journal of Supply Chain Management, Institute for Supply Management, vol. 58(2), pages 3-7, April.
    20. Yi-Ju Lo & Tung Hung, 2015. "Structure offshoring and returns on offshoring," Asia Pacific Journal of Management, Springer, vol. 32(2), pages 443-479, June.

    More about this item

    Keywords

    Green construction; regulatory frameworks; technological innovation; capacity building; risk-sharing; strategic collaboration;
    All these keywords.

    JEL classification:

    • L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:pra:mprapa:122643. 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: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.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.