scholarly journals Public Private Partnerships: Identifying Practical Issues for an Accounting Research Agenda

Author(s):  
Nick Sciulli

This article provides a structured framework for research into the accounting implications of Public Private Partnerships (PPPs). PPPs worldwide have taken on increasing significance as a tool that governments can use to develop infrastructure and for the delivery of services. Given the minimal coverage in the literature of the Victorian State Government experience to date regarding the efficacy of PPPs, this report establishes a number of parameters from which academics can conduct research into this strategy and, moreover, make policy recommendations based on those findings. Accounting principles are used to identify whether a PPP will lead to value for money. Consequently, a model is developed to define potential areas of investigation, from which a series of research questions are posed. This is important because, public sector managers need to be aware of the failures and the success stories of particular PPP projects so that lessons can be learned from these experiences. This would inform government officials of any necessary reforms that need to be undertaken for future PPPs.

Pathogens ◽  
2021 ◽  
Vol 10 (8) ◽  
pp. 947
Author(s):  
Rishi Kondapaneni ◽  
Ashley N. Malcolm ◽  
Brian M. Vazquez ◽  
Eric Zeng ◽  
Tse-Yu Chen ◽  
...  

Florida lies within a subtropical region where the climate allows diverse mosquito species including invasive species to thrive year-round. As of 2021, there are currently 66 state-approved Florida Mosquito Control Districts, which are major stakeholders for Florida public universities engaged in mosquito research. Florida is one of the few states with extensive organized mosquito control programs. The Florida State Government and Florida Mosquito Control Districts have long histories of collaboration with research institutions. During fall 2020, we carried out a survey to collect baseline data on the current control priorities from Florida Mosquito Control Districts relating to (1) priority control species, (2) common adult and larval control methods, and (3) major research questions to address that will improve their control and surveillance programs. The survey data showed that a total of 17 distinct mosquito species were considered to be priority control targets, with many of these species being understudied. The most common control approaches included truck-mounted ultra-low-volume adulticiding and biopesticide-based larviciding. The districts held interest in diverse research questions, with many prioritizing studies on basic science questions to help develop evidence-based control strategies. Our data highlight the fact that mosquito control approaches and priorities differ greatly between districts and provide an important point of comparison for other regions investing in mosquito control, particularly those with similar ecological settings, and great diversity of potential mosquito vectors, such as in Florida. Our findings highlight a need for greater alignment of research priorities between mosquito control and mosquito research. In particular, we note a need to prioritize filling knowledge gaps relating to understudied mosquito species that have been implicated in arbovirus transmission.


Author(s):  
N. Butenko ◽  
◽  
E. Robins ◽  

The purpose of this article is to review recent international studies on ports that have entered into public private partnerships (PPPs). This article examines five articles covering ports in Columbia, Mexico, Brazil, the Caribbean (Cayman Islands), China, South Korea, and France. Divided as follows, the article includes: (I) a summary of each article; (II) a critique of the articles related to the countries referenced; and (III) an assessment of how this relates and/or applies to Ukraine. The analysis and assessment of each article should better inform progress towards PPPs and their use in ports in Ukraine. Based on five variables to assess PPP projects in this article: (a) the type of PPP (allowing for a plurality of PPP arrangements); (b) regulatory framework (with a supportive institutional arrangement for PPPs); (c) financial safeguards (delivering value for money against other options); (d) accountability; and (e) miscellaneous data (something that improves context and practical aspects), this article offers three key findings. First, enhance accountability and publicity. Second, improve market engagement. Third, correct implementation of legal and institutional frameworks. This study, according to its author, encountered the usual limitations: sample selection and access to data at different stages of the project’s completion. The sample is fair, comprising a diverse, representative pool of projects. Regarding access to data, the article found that publicity and reporting need to improve in the Caribbean. The author engaged with all main sources, especially local ones, at different stages of each project. PPPs in the Caribbean are not exempt when it comes to budgetary decisions.


Author(s):  
Adrian J. Bridge ◽  
Robert Lee Kong Tiong ◽  
Shou Qing Wang

Australia is just one of many developed countries facing the challenge of delivering value for money in the provision of a substantial infrastructure pipeline amidst severe construction and private finance constraints. To help address this challenge, this chapter focuses on developing an understanding of the determinants of value at key procurement decision points that range from the make-or-buy decision, to buying in the context of market structures, including the exchange relationship and contractual arrangement decision. This understanding is based on theoretical pluralism and illustrated by research in the field of construction and maintenance, and in public-private partnerships.


2017 ◽  
Vol 17 (3) ◽  
pp. 281-341
Author(s):  
Emmanuel Botlhale

Public procurement accounts for a big proportion of public budget outlays, hence, it is important that there be demonstrated Value for Money (VfM) in public purchases. To ensure VfM in public procurement, Botswana introduced a modern public procurement system in early 2001. The system is yet to be subjected to VfM analysis. Using document analysis, this paper explores two main research questions: (i) what are key public procurement challenges in Botswana?; and (ii) how can public procurement in Botswana be improved? It is concluded that the public procurement system in Botswana is not constructed on a VfM basis. It is consequently suggested that there is a need for public procurement reforms and the adoption of various private sector continuous improvement tools such as Lean, Kaizen and Six Sigma.


Author(s):  
Williams Robert F

This chapter discusses the differences between the federal and state judiciary. Many state judges are elected through a variety of mechanisms. The workload of state supreme courts has evolved over the years from a private-law orientation to more constitutional law and public policy kinds of cases. In addition, state courts exercise a number of nonadjudicatory powers such as rulemaking on practice and procedure before the courts and regulation of lawyers. Some state courts have the authority to issue advisory opinions and answer certified questions, and some of them have asserted certain inherent powers such as to require adequate funding levels. State courts also retain the power to develop common law doctrine, as well as to resolve disputes among state and local government officials and agencies in ways that rarely involve the federal judiciary. State courts are also not bound by the rigid federal doctrines of standing, mootness, and ripeness.


Subject Russian consumer trends. Significance The current economic downturn is taking its toll on the Russian population and is affecting consumers. Ruble devaluation, depressed real wages, rising inflation and increasing unemployment are reducing domestic demand. Although government officials predict a bottoming-out of the economic contraction in 2015, with Western sanctions looking set to remain in place and low oil prices plaguing the economy, Russia's economic difficulties are far from over. Impacts International relations will continue to help deflect public attention from domestic economic problems for now. The value-for-money approach Russian consumers are adopting now is likely to remain after the crisis is over. The quality of commonly traded goods will deteriorate as consumers move towards the lower end of product ranges.


2017 ◽  
Vol 3 (2) ◽  
pp. 102-114 ◽  
Author(s):  
Steven McCann

A fundamental benefit sought from Public Private Partnerships is risk transfer – or more explicit allocation of risks between the public and private partners. However, not all operating risks can be transferred or eliminated. The public partner retains residual risk and remains ultimately accountable for the delivery of public services. Sub-standard management of major change events can lead to poor value-for-money outcomes. In-depth insights are provided in this article into how the actual management of Public Private Partnerships may be carried out and dealt with by governments at critical junctures during the concession period. Key risks, issues and critical success factors are identified that can have profound effects on the achievement of intended outcomes. These considerations build upon existing knowledge, policy and guidance for Public Private Partnerships, both nationally and internationally, making this essay tangible and grounded for both academics and practitioners.


Sign in / Sign up

Export Citation Format

Share Document