UID:
almahu_9949386609802882
Format:
1 online resource
,
illustrations (black and white).
ISBN:
1000326551
,
9781003112051
,
1003112056
,
9781000326567
,
100032656X
,
9781000326574
,
1000326578
,
9781000326550
Series Statement:
Routledge advances in risk management
Content:
Public-Private Partnership (PPP) is a channel through which the public sector can seek alternative funding and expertise from the private sector to procure public infrastructure. Governments around the world are increasingly turning to Public-Private Partnerships to deliver essential goods and services. Unfortunately, PPPs, like any other public procurement, can be at risk of corruption. This book begins by looking at the basics of PPP and the challenges of the PPP process. It then conceptualizes the vulnerability of various stages of Public-Private Partnership models and corruption risk against the backdrop of contract theory, principal-agent theory and transaction cost economics. The book also discusses potential control mechanisms. The book also stresses the importance of good governance for PPP. It outlines principles and procedures of project risk management (PRM) developed by a working party of the Association of Project Managers. Finally, the book concludes by proposing strategies and solutions to overcome the limitations and challenges of the current approach toward PPP.
Additional Edition:
Print version: ISBN 9780367630805
Language:
English
Keywords:
Electronic books.
;
Electronic books.
DOI:
10.4324/9781003112051
URL:
https://www.taylorfrancis.com/books/9781003112051
