scholarly journals Risk Assessment Regarding the Implementation of Public-Private Partnership Projects in the World Practice

2019 ◽  
Vol 7 (2) ◽  
Author(s):  
Natalia Tretyak ◽  
Olga Kalenska

The article investigates the world experience of public-private partnership in the economic activity of different countries. Different models and forms of contracts of public-private partnership are covered. The link between public-private partnership projects with the country and area of application is noted. The models of public-private partnership proposed by the World Bank for attracting private capital are covered. The main directions of realization of world forms of public-private partnership for Ukraine are proposed for the effective provision of sustainable spatial development, their further adaptation to the realities of our time.


Author(s):  
Roopesh Rao

In a country like India innovations are more referred as “jugaad”. Though the dictionary does not explain such kind of words, but every person in India understands the importance of jugaad. India has one of the largest systems for agricultural research in the world. However this system has focused predominantly on strengthening of cereal production under irrigated conditions. It would be essential that they participate in all decision making which cater to overall development of rural india. India also needs to increase its efforts to tap into the rapidly growing stock of global knowledge through channels such as FDI, technology licensing, importation of capital merchandise that embody knowledge, as well as advanced products, components, and services. This chapter analyses and focuses on various innovative practices done with the help of Government, Public Private Partnership, private Players, Individuals, NGOS, etc


2019 ◽  
Vol 25 (2) ◽  
pp. 168-183 ◽  
Author(s):  
Yan Li ◽  
Xinyu Wang

The public-private partnership (PPP) has been adopted globally to meet intensifying demands for public facilities and services. However, PPP projects contain a variety of risks which may lead to project failure. Many researchers have explored risk factors associated with PPP projects in developing countries. However, these investigations have limited their aim to understanding risk impact without considering the interactions of these factors. Hence, to fill this gap, this study proposes a risk assessment method, addressing vital interrelationships and interdependencies. Two methodologies, fuzzy analytic network process (F-ANP) and interpretive structural modeling (ISM), were applied to avoid vagueness and data inaccuracies. The primary contributions of this paper were considering the relationships among risk factors and risk priority; and offering a risk analysis approach based on linguistic scales and fuzzy numbers to reflect different neutral, optimistic and pessimistic viewpoints from expert respondents’ judgments. Results from this analysis showed that legal and policy risk was the most influential and interdependent risk, and interest rate risk was the most essential risk in Chinese PPP projects. The ISM structure diagram demonstrated that most of 35 identified risk factors had high driving and dependence power. This study proposed a systematic and practical method to identify and assess PPP risk factors, utilizing an integrated approach consisting of F-ANP and ISM, which has not been used for risk assessment in the construction field. This paper provides a new risk assessment tool and a basis for risk management strategies in the construction engineering and management field.


Author(s):  
Maram Almuhisen ◽  
◽  
Hüseyin Gökçekuş ◽  
Tahir Çelik ◽  
◽  
...  

For the Jordanian government, meeting the growing demand for goods and services on its own is very difficult, leading to the increased dependence on other sectors of society. This research is aimed at understanding the critical success factors of local public-private partnership projects, identifying the most vital risk factors affecting projects, and establishing a quantitative model for risk assessment. The model can assist public-private partnership contributors by transforming the basic risk assessment principles into a more facilitated and systematic arithmetical based approach. The results showed that the risk factors with the highest ranks (respectively) are transfer phase, organizational risks, financing phase, project management risks, and feasibility study phase. The research is ultimately aimed at developing a framework for the risk evaluation of public-private partnerships within the construction industry in Jordan.


2021 ◽  
Vol 18 (5) ◽  
pp. 72-78
Author(s):  
J. M. Belyakova

Th e article discusses practical aspects of sustainable development necessary for the introduction of public-private partnership in the work of the Institute in the Russian Federation. Th e author analyses the requirements of the fi nancier for a private partner in terms of sustainable develop-ment mechanisms in diff erent countries of the world. Th e requirements that currently exist in the methodology for calculating the economic effi ciency of public-private partnership projects in the Russian Federation are also analyzed. Th e article describes not only diff erences in effi ciency assessment mechanisms, but also proposes an author’s method of integrating the principles of sustainable development into fi nancial mechanisms for implementing public-private partnershipprojects. Th e author proposes to change the methodology for assessing the risks of public-private partnership projects, introduce into the Russian methodology for assessing the eff ectiveness of projects requirements not only on the need to substantiate the applied calculation mechanisms, but also on the development by a private partner of strategies for the sustainable development of the project, as well as a strategy for the sustainable development of the project region. Th e changes will qualitatively supplement the fi nancial settlement mechanisms that aff ect the implementation of all public-private partnership projects in the Russian Federation, including minimizing thefi nancial risks of the state partner.


1987 ◽  
Vol 29 (4) ◽  
pp. 41-68 ◽  
Author(s):  
Patrice Franko-Jones

In Less than Twenty Years Brazil has become one of the ten largest exporters of conventional armaments in the world. How the Brazilian armaments industry has achieved such success offers a rich case study of an effective division of labor between state and firm. With the state acting as technological agent and ambassador to external markets, the firms have become innovators of internationally competitive armaments systems. Rather than being forced, by military control, to produce highly sophisticated weapons systems, Brazilian defense firms receive support to develop products which cater to an international demand for those conventional armaments which occupy a niche just below the technological frontier defined by the superpowers.


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