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Public-Private Partnerships and the 2030 Agenda for Sustainable Development: Fit for purpose?

Author

Listed:
  • Jomo Kwame Sundaram
  • Anis Chowdhury
  • Krishnan Sharma
  • Daniel Platz

Abstract

In light of a cautious emphasis given to public-private partnerships (PPPs) as a mechanism to finance infrastructure projects and highlighting the need for capacity building and knowledge sharing at the Third International Conference on Financing for Development in Addis Ababa, this paper reviews the extant literature on the subject and identifies areas requiring better understanding and institutional innovation for ensuring value for money, minimizing contingent fiscal risk and improving accountability. An institutional capacity to create, manage and evaluate PPPs is essential to ensure that they become an effective instrument of delivery of important services, such as infrastructure. There is also a need for a common definition of PPPs and internationally accepted guidelines, including uniform accounting and reporting standards.

Suggested Citation

  • Jomo Kwame Sundaram & Anis Chowdhury & Krishnan Sharma & Daniel Platz, 2016. "Public-Private Partnerships and the 2030 Agenda for Sustainable Development: Fit for purpose?," Working Papers 148, United Nations, Department of Economics and Social Affairs.
    • Handle: RePEc:une:wpaper:148
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    File URL: http://www.un.org/esa/desa/papers/2016/
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    Citations

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    Cited by:

    1. Schüle, Ulrich & Liening-Ewert, F. & Schäffer, D., 2018. "Opening Argentina to public-private partnerships: Opportunities and risks for government entities and private investors," UASM Discussion Paper Series 8/2018, University of Applied Sciences Mainz.
    2. 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.
    3. 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).
    4. Gayoung Choi & Taeyoung Jin & Yoonjeong Jeong & Sue Kyoung Lee, 2020. "Evolution of Partnerships for Sustainable Development: The Case of P4G," Sustainability, MDPI, vol. 12(16), pages 1-14, August.
    5. Joseph,George & Ayling,Sophie Charlotte Emi & Miquel-Florensa,Pepita & Bejarano,Hernán D. & Cardona,Alejandra Quevedo, 2021. "Behavioral Insights in Infrastructure Sectors : A Survey," Policy Research Working Paper Series 9704, The World Bank.
    6. Indre Lapinskaite & Viktorija Skvarciany & Patrikas Janulevicius, 2020. "Impact of Investment Sources for Sustainability on a Country’s Sustainable Development: Evidence from the EU," Sustainability, MDPI, vol. 12(6), pages 1-24, March.
    7. Asha Ally Hatibu & Essegbemon Akpo & Gerald Alex Lukurugu & Joseph Nzunda & Patrick Okori & Chris O. Ojiewo, 2022. "Upscaling Groundnut Seed Production and Delivery through Long-Term Public–Private and Development Organization Partnerships: Experiences from Tanzania," Agriculture, MDPI, vol. 13(1), pages 1-19, December.
    8. Ali, Murad, 2017. "Implementing the 2030 Agenda in Pakistan: the critical role of an enabling environment in the mobilisation of domestic and external resources," IDOS Discussion Papers 14/2017, German Institute of Development and Sustainability (IDOS).
    9. Jingfeng Yuan & Wei Li & Jiyue Guo & Xianbo Zhao & Mirosław J. Skibniewski, 2018. "Social Risk Factors of Transportation PPP Projects in China: A Sustainable Development Perspective," IJERPH, MDPI, vol. 15(7), pages 1-25, June.
    10. Ayele, Seife & Shen, Wei & Mulugetta, Yacob & Worako, Tadesse Kuma, 2024. "Governance of renewable energy procurement via private suppliers: The Ethiopian experience," Energy Policy, Elsevier, vol. 184(C).
    11. Abdelrahman Ali & Chunping Xia & Moustafa Ismaiel & N’Banan Ouattara & Irfan Mahmood & Dessalegn Anshiso, 2021. "Analysis of determinants to mitigate food losses and waste in the developing countries: empirical evidence from Egypt," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 26(6), pages 1-26, August.
    12. 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.
    13. Palaco, Ileana & Park, Min Jae & Kim, Suk Kyoung & Rho, Jae Jeung, 2019. "Public–private partnerships for e-government in developing countries: An early stage assessment framework," Evaluation and Program Planning, Elsevier, vol. 72(C), pages 205-218.
    14. Mihaela-Maria Barnes, 2019. "State-Owned Entities as Key Actors in the Promotion and Implementation of the 2030 Agenda for Sustainable Development: Examples of Good Practices," Laws, MDPI, vol. 8(2), pages 1-22, April.
    15. Alejandra Boto-Álvarez & Roberto García-Fernández, 2020. "Implementation of the 2030 Agenda Sustainable Development Goals in Spain," Sustainability, MDPI, vol. 12(6), pages 1-31, March.
    16. Achard, Paola Olimpia & Di Berardino, Antonina, 2018. "Public Private Partnerships: Strategic Assets and Managerial Models," 29th European Regional ITS Conference, Trento 2018 184925, International Telecommunications Society (ITS).
    17. Talita B. Teixeira & Rosane A. G. Battistelle & Adriano A. Teixeira & Enzo B. Mariano & Tiago E. C. Moraes, 2022. "The Sustainable Development Goals Implementation: Case Study in a Pioneer Brazilian Municipality," Sustainability, MDPI, vol. 14(19), pages 1-22, October.
    18. Smoke, Paul, 2019. "Improving Subnational Government Development Finance in Emerging and Developing Economies: Toward a Strategic Approach," ADBI Working Papers 921, Asian Development Bank Institute.
    19. María José Romero, 2016. "Development Finance Takes ‘Private Turn’: Implications and Challenges Ahead," Development, Palgrave Macmillan;Society for International Deveopment, vol. 59(1), pages 59-65, June.
    20. Miguel Soberón & Teresa Sánchez-Chaparro & Julia Urquijo & David Pereira, 2020. "Introducing an Organizational Perspective in SDG Implementation in the Public Sector in Spain: The Case of the Former Ministry of Agriculture, Fisheries, Food and Environment," Sustainability, MDPI, vol. 12(23), pages 1-20, November.
    21. Zhe Cheng & Huanming Wang & Wei Xiong & Dajian Zhu & Le Cheng, 2021. "Public–private partnership as a driver of sustainable development: toward a conceptual framework of sustainability-oriented PPP," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(1), pages 1043-1063, January.
    22. Ann Florini & Markus Pauli, 2018. "Collaborative governance for the Sustainable Development Goals," Asia and the Pacific Policy Studies, Wiley Blackwell, vol. 5(3), pages 583-598, September.

    More about this item

    Keywords

    Public-Private Partnerships; value for money; infrastructure; Addis Ababa Action Agenda; sustainable development;
    All these keywords.

    JEL classification:

    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises
    • L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure

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