Public-private partnerships in infrastructure: managing the challenges

Pratap, Kumar V. and Chakrabarti, Rajesh (2018) Public-private partnerships in infrastructure: managing the challenges. India Studies in Business and Economics (ISBE) . Springer, Singapore. ISBN 9789811033551

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Abstract

The book provides readers with a clear understanding of infrastructure challenges, how Public‐Private Partnerships (PPP) can help, and their use in practice. Infrastructure bottlenecks are generally considered the most important constraint to growth in many countries worldwide. Historically, infrastructure projects have been financed and implemented by the state. However, owing to the fiscal resource crunch, time and cost over‐runs, and the general poor quality of publicly provided infrastructure, many emerging market governments, including India, have increasingly adopted PPPs with billions of dollars of investment riding on them. The results have been varied – from spectacular airports like the Delhi International Airport Limited with the associated controversy over land use, to the renegotiation of contracts as in the case of Tata Mundra Ultra Mega Power Project. Illustrating concepts with relevant case studies, the book makes the challenges of PPPs understandable to industry and management practitioners as well as students of management, public policy and economics. It is useful to practitioners wishing to avoid the pitfalls in the tricky terrain of PPPs and policymakers wanting guidance in crafting proper incentives. It also helps students gain a holistic and “applied” understanding of this increasingly important and popular model.

Item Type: Book
Keywords: land acquisition | environmental clearance | infrastructure with a special focus on India
Subjects: Social Sciences and humanities > Business, Management and Accounting > Industrial relations
Social Sciences and humanities > Social Sciences > Planning and Development
JGU School/Centre: Jindal Global Business School
Depositing User: Gena Veineithem
Date Deposited: 13 May 2022 08:04
Last Modified: 13 May 2022 08:04
Official URL: https://link.springer.com/book/10.1007/978-981-10-...
URI: https://pure.jgu.edu.in/id/eprint/3043

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