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Opening The Black Box Of Contract Renegotiations
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Book Synopsis Opening the Black Box of Contract Renegotiations by :
Download or read book Opening the Black Box of Contract Renegotiations written by and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Opening the Black Box of Contract Renegotiations by : Eduardo Bitran
Download or read book Opening the Black Box of Contract Renegotiations written by Eduardo Bitran and published by . This book was released on 2013 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the renegotiations of road concessions in Chile, Colombia and Peru for the period 1993-2010. First, it analyses the legal framework, the institutional design and the types of concessions of these countries and second, it uses a novel data composed of a sample of 61 of the 62 road concession contracts to explore the renegotiation of these concessions. 50 out of 61 contracts have been modified at least once, resulting in more than 540 renegotiations. All modified contracts were changed for the first time less than 3 years after the initial signing of the concession. Empirical analysis suggests that State-led renegotiations, which were more common than firm-led renegotiations, were motivated by the opportunistic behaviour of governments. State-led renegotiations that added new stretches of roads and that included additional complementary works during governments' last year in office were costlier than other renegotiations. Finally, governments deferred a larger share of renegotiation's fiscal costs in State-led renegotiations that took place during their last year in office.
Book Synopsis Opening the Black Box of Contract Renegotiations by : Eduardo Bitran
Download or read book Opening the Black Box of Contract Renegotiations written by Eduardo Bitran and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Renegotiations of Public Private Partnerships in Transportation by : Carlos Oliveira Cruz
Download or read book The Renegotiations of Public Private Partnerships in Transportation written by Carlos Oliveira Cruz and published by Springer Nature. This book was released on 2021-02-18 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a theoretical basis for understanding the phenomenon of renegotiations in Public Private Partnerships (PPPs). It analyzes the case of transport projects, and provides empirical evidence from a variety of real-world projects. What drives renegotiations? Why are some projects more likely to be renegotiated than others? What are the outcomes? How can we improve the performance of renegotiation processes? These questions form the core of discussion in this book. PPPs are a procurement model for the delivery of infrastructure and public services that have experienced significant growth over the last three decades, particularly in terms of the development of transportation projects. The empirical evidence suggests that most PPP projects are inevitably renegotiated, i.e., the original contract needs to be adapted to new and unforeseen circumstances. The impacts of these changes on the welfare of the respective stakeholders are frequently asymmetric. Most academic research and professional guidelines are focused on PPP contract design and preparation of the procurement process, and very little has been published on the management and, mainly, the process of renegotiating that will – in all likelihood – occur. This book fills this gap in the academic discussion. Several country-based analyses and case studies from Europe and the Americas provide the reader with practical applications of the theory.
Book Synopsis Contractual Renegotiations and International Investment Arbitration by : Aikaterini Florou
Download or read book Contractual Renegotiations and International Investment Arbitration written by Aikaterini Florou and published by BRILL. This book was released on 2020-03-02 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Contractual Renegotiations and International Investment Arbitration, Aikaterini Florou explores the complex phenomenon of the renegotiation of investor-state contracts. The author reconstructs the relationship between those contracts and the overarching investment treaties using an original interpretative methodology based on transaction cost economics and relational contract theory.
Book Synopsis Opening the Black Box by : Helene Grandvoinnet
Download or read book Opening the Black Box written by Helene Grandvoinnet and published by World Bank Publications. This book was released on 2015-04-17 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: Opening the Black Box: Contextual Drivers of Social Accountability fills an important knowledge gap by providing guidance on how to assess contextual drivers of social accountability effectiveness. This publication aims to more strategically support citizen engagement at the country level and for a specific issue or problem. The report proposes a novel framing of social accountability as the interplay of constitutive elements: citizen action and state action, supported by three enabling levers: civic mobilization, interface and information. For each of these constitutive elements, the report identifies 'drivers' of contextual effectiveness which take into account a broad range of contextual factors (e.g., social, political and intervention-based, including information and communication technologies). Opening the Black Box offers detailed guidance on how to assess each driver. It also applies the framework at two levels. At the country level, the report looks at 'archetypes' of challenging country contexts, such as regimes with no formal space or full support for citizen-state engagement and fragile and conflict-affected situations. The report also illustrates the use of the framework to analyze specific social accountability interventions through four case studies: Sierra Leone, Pakistan, Yemen, and the Kyrgyz Republic.
Book Synopsis Law and Economics of Public Procurement Reforms by : Gustavo Piga
Download or read book Law and Economics of Public Procurement Reforms written by Gustavo Piga and published by Routledge. This book was released on 2017-10-03 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Appropriate laws and regulations are essential tools to direct the action of procurers toward the public good and avoid corruption and misallocation of resources. Common laws and regulations across regions, nations and continents potentially allow for the further opening of markets and ventures to newcomers and new ideas to satisfy public demand. Law and Economics of Public Procurement Reforms collects the original contributions related to the new European Union Directives approved in 2014 by the EU Parliament. They are of both economists and lawyers, and have been presented in a manner that allows for exchanges of views and "real time" interaction. This book features, for each section, an introductory exchange between two experts of different disciplines, made up of a series of sequential interactions between an economist and a lawyer, which enriches the liveliness of the debate and improve the mutual understanding between the two professions. Four sections characterize this book: Supporting social considerations via public procurement; Green public procurement; Innovation through innovative partnerships; and Lots - The Economic and Legal Challenges of Centralized Procurement. These themes have current relevance of the new European Public Procurement Directives. Written by an impressive array of experts in their respected fields, this volume is of great importance to practitioners who work in the field of EU public procurement in the Member States of the EU, as well as academics and students who study public finance, public policy and regulation.
Book Synopsis Perspectives on Global Development 2013 Industrial Policies in a Changing World by : OECD
Download or read book Perspectives on Global Development 2013 Industrial Policies in a Changing World written by OECD and published by OECD Publishing. This book was released on 2013-06-21 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Perspectives on Global Development (PGD) is OECD’s annual publication on emerging development issues. The 2013 edition focuses on productive growth strategies.
Book Synopsis Public-Private Partnership Projects in Infrastructure by : Jeffrey Delmon
Download or read book Public-Private Partnership Projects in Infrastructure written by Jeffrey Delmon and published by Cambridge University Press. This book was released on 2017-10-12 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: Infrastructural investment is critical to economic growth, quality of life, poverty reduction, access to education, health care, and the achievement of many of the goals of a robust economy. But infrastructure is difficult for the public sector to get right. Public–private partnerships (PPPs) can help; they can provide more efficient procurement, focus on consumer satisfaction and lifecycle maintenance, and provide new sources of investment, in particular through limited recourse debt. But PPPs present challenges of their own. This book provides a practical guide to PPPs for policy makers and strategists, showing how governments can enable and encourage PPPs; providing a step-by-step analysis of the development of PPP projects; and explaining how financing works, what contractual structures look like, and how risk allocation works in practice. It includes specific discussion of each infrastructure sector, with a focus on the strategic and policy issues essential for successful development of infrastructure through PPPs. This second edition includes new sections on institutional frameworks, mechanisms for leveraging public financing, small scale PPP projects and more.
Book Synopsis ITF Roundtable Reports Public Private Partnerships for Transport Infrastructure Renegotiation and Economic Outcomes by : International Transport Forum
Download or read book ITF Roundtable Reports Public Private Partnerships for Transport Infrastructure Renegotiation and Economic Outcomes written by International Transport Forum and published by OECD Publishing. This book was released on 2017-02-24 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public-private partnerships (PPPs) are an important vehicle for private participation in infrastructure investment, delivery and management. Renegotiations are an integral part of the PPP process but their prevalence varies markedly in different parts of the world. Renegotiations can be ...
Book Synopsis Off the Books by : Matías Herrera Dappe
Download or read book Off the Books written by Matías Herrera Dappe and published by World Bank Publications. This book was released on 2023-03-20 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developing countries face massive infrastructure needs, but public spending on infrastructure is inadequate, and public investment has been declining in recent years. Rising debt levels and tightening fiscal and monetary conditions are putting further pressure on the funds available for infrastructure, heightening the importance of increasing the efficiency of infrastructure spending. Off the Books: Understanding and Mitigating the Fiscal Risks of Infrastructure shows that however governments deliver infrastructure—through direct public provision, state-owned enterprises (SOEs), or public-private partnerships (PPPs), the risk of fiscal surprises is high in both good times and bad. As a result, infrastructure service delivery often ends up costing significantly more than expected, eroding limited fiscal space for productive spending. This book makes a unique contribution by quantifying the magnitude and prevalence of fiscal risks from electricity and transport infrastructure and identifying their root causes across a range of low- and middle-income countries. Drawing on important new sources of evidence and compiling many others, the analysis sheds light on how much is at stake in the good governance of infrastructure sectors. It allows policy makers to weigh the magnitudes of different types of risks and examine how they vary across contexts. Off the Books shows how a deeper understanding of the fiscal risks of infrastructure can help policy makers target reforms to areas where they can be expected to have the greatest impact. It lays out a reform agenda for mitigating the fiscal risks associated with infrastructure based on building government capacity; adopting integrated public investment management and integrated fiscal risk management; improving fiscal and corporate governance of SOEs; and ensuring robust PPP preparation, procurement, and contract management. The book will be of enormous value to policy makers, practitioners, and academics who have an interest in infrastructure and fiscal policy.
Book Synopsis A Decision-Makers Guide to Public Private Partnerships in Airports by : Andy Ricover
Download or read book A Decision-Makers Guide to Public Private Partnerships in Airports written by Andy Ricover and published by Routledge. This book was released on 2019-12-06 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Airport development is critical to economic growth and poverty reduction. This book will help decision-makers assess whether Public Private Partnerships (PPP) might be a viable option to meet their airport development requirements. It walks the reader through the airport PPP process, from early preparation to bringing the project to market and managing the project during implementation. The book will help eradicate misconceptions about the role of the private sector in airport infrastructure. A Decision-Makers Guide to Public Private Partnerships in Airports provides an essential guide for those in a position to make decisions linked to airport development, to their advisers, their staff and also to students wishing to understand airport PPP.
Book Synopsis The Emerald Handbook of Public-Private Partnerships in Developing and Emerging Economies by : João Leitão
Download or read book The Emerald Handbook of Public-Private Partnerships in Developing and Emerging Economies written by João Leitão and published by Emerald Group Publishing. This book was released on 2017-12-07 with total page 663 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook aims to support policy-makers, national governments, national and regional public administrations, PPP officers, practitioners and academia in the design, implementation and assessment of appropriate responses to foster PPPs' uptake in the context of developing and emerging economies.
Book Synopsis The Handbook of Economic Development and Institutions by : Jean-Marie Baland
Download or read book The Handbook of Economic Development and Institutions written by Jean-Marie Baland and published by Princeton University Press. This book was released on 2020-01-21 with total page 786 pages. Available in PDF, EPUB and Kindle. Book excerpt: The definitive reference on the most current economics of development and institutions The essential role that institutions play in understanding economic development has long been recognized across the social sciences, including in economics. Academic and policy interest in this subject has never been higher. The Handbook of Economic Development and Institutions is the first to bring together in one single volume the most cutting-edge work in this area by the best-known international economists. The volume’s editors, themselves leading scholars in the discipline, provide a comprehensive introduction, and the stellar contributors offer up-to-date analysis into institutional change and its interactions with the dynamics of economic development. This book focuses on three critical issues: the definitions of institutions in order to argue for a causal link to development, the complex interplay between formal and informal institutions, and the evolution and coevolution of institutions and their interactions with the political economy of development. Topics examined include the relationship between institutions and growth, educational systems, the role of the media, and the intersection between traditional systems of patronage and political institutions. Each chapter—covering the frontier research in its area and pointing to new areas of research—is the product of extensive workshopping on the part of the contributors. The definitive reference work on this topic, The Handbook of Economic Development and Institutions will be essential for academics, researchers, and professionals working in the field.
Book Synopsis Highways to Heaven by : Ms.Valerie Cerra
Download or read book Highways to Heaven written by Ms.Valerie Cerra and published by International Monetary Fund. This book was released on 2016-09-21 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inadequate infrastructure has been widely viewed as a principal barrier to growth and development in Latin America and the Caribbean. This paper provides a comprehensive overview of infrastructure in the region and highlights key areas in which infrastructure networks can be enhanced. The public and private sectors play complementary roles in improving the infrastructure network. Therefore, it is critical to strengthen public investment management processes as well as the regulatory framework, including to ensure an appropriate mix of financing and funding for projects and to address environmental concerns.
Book Synopsis OECD Development Pathways Multi-dimensional Review of Peru Volume 2. In-depth Analysis and Recommendations by : OECD
Download or read book OECD Development Pathways Multi-dimensional Review of Peru Volume 2. In-depth Analysis and Recommendations written by OECD and published by OECD Publishing. This book was released on 2016-10-14 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides policy actions to tackle the main bottlenecks to boost inclusive development and well-being in Peru.
Book Synopsis Private Sector Investment in Infrastructure by : Jeffrey Delmon
Download or read book Private Sector Investment in Infrastructure written by Jeffrey Delmon and published by Kluwer Law International B.V.. This book was released on 2021-02-10 with total page 689 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past five years have raised some serious new challenges, capital surplus, a global pandemic, debt crises, and a global economic crisis. While the responses to these challenges are complex, the fundamentals remain the same. Infrastructure remains a moral and economic imperative, as well as a good investment. However, many governments that would like to increase their infrastructure investment have limited capital, with infrastructure facing stiff competition from alternative uses of public funds. Public-Private Partnerships (PPPs) are part of a fundamental, global shift in the role of government – from being the direct provider of public services to becoming the planner, facilitator, contract manager and/or regulator who ensures that local services are available, reliable, meet key quality standards, and are affordable for users and the economy. This rich and practical book, now in its fourth edition, shows how the private sector (through – PPPs) can provide more efficient procurement through cheaper, faster, and better quality; refocus infrastructure services on service delivery, consumer satisfaction and life cycle maintenance; and provide new sources of innovation, technological advances and investment, including through limited recourse debt (i.e., project financing). This book provides a practical guide to PPP in all the following ways and more: how governments can enable, encourage and manage PPP; financing of new and existing infrastructure; designing and implementing PPP contractual structures; and most importantly, how to balance PPP risk allocation in practice. Specific discussion of each infrastructure sector (including local government) is provided. Lawyers and business people, engineers, development specialists, banking and insurance professionals, and academics will all find this book a useful guide for planning, designing and implementing PPP projects and programmes.