Public-Private Partnership for Healthcare in China

2022 ◽  
pp. 328-348
Author(s):  
Poshan Yu ◽  
Yifei Xu

In order to ensure the sustainable development of public private partnership (PPP) model and make the PPP health project ultimately meet the public expectation, the budgetary control and performance evaluation for PPP project is an important research topic. Budgetary control and performance evaluation is not only an important basis for project performance improvement, but also an important means for public departments to monitor and manage PPP health projects. This chapter aims to examine the effectiveness of PPP projects on the healthcare service provision in China. By analyzing the regional government finance and performances, this chapter attempts to elaborate the current dynamic of Chinese healthcare resources allocation by using PPP, and how this dynamic could be associated with the changing landscape of local economic conditions, in particular whether the application of PPP would help those regions with poor economic performance to close a gap in healthcare delivery.

Author(s):  
Kenneth Otieno Odhiambo ◽  
Charles Rambo ◽  
Stephen Lucas Okelo

In spite of the rise in the global adoption of public private partnerships, developing countries have failed to attract private investments in equally measure as their developed partners. This has impacted on infrastructural financing in developing countries. The current study sought to establish how market risks influence the performance of public private partnership renewable energy projects. The study adopted a pragmatic paradigm and employed a mixed methods approach, correlational and descriptive survey design. Quantitative data was collected by use of a self-administered questionnaire and while an interview guide was used to collect qualitative data after piloting and reliability established. A sample size of 263 respondents was drawn from a target population of 769 using the Yamane formula. For descriptive statistics the study used the mean and standard deviation. For inferential statistics the study used Pearson’s Product Moment Correlation (r) and Multiple Regression while the F-tests were used in hypothesis testing. The study established a significant influence of market risks on the performance of public private partnerships renewable energy projects F (1,204) =104.689, P=0.000˂ 0.05.  H0 was consequently rejected. Based on this finding the study recommends hedging measures to promote public private partnerships


2018 ◽  
Vol 8 (2) ◽  
pp. 194-214 ◽  
Author(s):  
Ali Mohammed Saeed ◽  
Colin Duffield ◽  
Felix Kin Peng Hui

Purpose A study of the current practices for evaluating the ex-post performance of public-private partnership (PPP) school projects in Australia via literature review and qualitative case studies has found that no consistent approach exists for evaluating operational performance. A detailed critique of international PPP audits and practices has identified existing gaps in ex-post performance evaluation. Through a process of comparative analysis and industry confirmation, a performance analysis technique aligned with international practice has been developed that can be utilised by the educational departments across Australia to evaluate the ex-post performance of PPP projects (PPPs). The paper aims to discuss these issues. Design/methodology/approach This paper opted for qualitative archival analysis of case studies using pattern matching, explanation building, time series, and comparative analysis. The data used for document analysis included value reports, project summaries, and contract documents, as well as local and international audit guidelines. Findings This paper reviewed current practices, identified a range of processes, and reported the best practices. However, consideration of the approaches taken in the UK and Australia for evaluating operational performance indicates that current techniques lack consistency. Research limitations/implications The developed ex-post performance measurement framework is limited to Australian PPP school projects and, at this stage, cannot be generalised to other social PPP projects. Practical implications The paper includes implications for the development of better performance evaluation practices and audits. Social implications An enhanced framework for measuring operational performance will increase the accountability of taxpayers in the content of their utilisation by the government. Originality/value This paper presents an enhanced ex-post performance measurement framework for education departments across Australia.


2020 ◽  
Vol 24 (3) ◽  
pp. 153-164
Author(s):  
Yinglin Wang ◽  
Ruolan Gao ◽  
Bon-Gang Hwang ◽  
Jicai Liu

Nowadays, the public-private partnership (PPP) scheme has been widely adopted in infrastructure projects around the world. In PPP projects, the governments participate as a principal and the investors play the role of an agent, and therefore their behaviours and incentive strategies can be explained and designed by the principal-agent theory. As “economic men” with limited rationality, both the governments and the investors have altruistic preferences during cooperation. This paper studies how project participants’ altruistic preferences affect government subsidies based on the principal-agent theory. To this end, a principal-agent model in the presence of altruism is developed. The results show that the amount of government compensation is related to the altruistic preferences, the expected revenue, costs and investors’ efforts. Contrary to intuition, the governments’ altruism actually undermines the investors’ enthusiasm in cooperation and the risk-sharing propensity, although it increases the utilities of both parties. Moreover, when selecting the investors, governments should examine their operating capacity carefully, which has a significant impact on the sustainable development of the projects and even PPP arrangements. The findings contribute new insights into the development of incentive mechanisms between governments and private investors from the perspective of the behavioural preferences.


Author(s):  
Dmitriy Klimov ◽  
Sofia Feofanova

The article is devoted to the sustainable development of municipality. To develop a long-term strategy for sustainable development, the authors use the methods of generalization of scientific literature and model-ing of a balanced system of elements of sustainable development and the subjects of goal-setting, the for-mation of the concept of a balanced model and forecasting its development. The authors reveal the ways of interaction of actors in the municipal formation. Particular attention is focused on the creation of successful public-private partnership and the strategic potential of the territory. The results indicators and methods of their determination for actors are considered. The authors give a description of economic, social and envi-ronmental instruments of sustainable development. On the basis of the accepted aspects of sustainable devel-opment and the selected factors, the municipal formation sustainability matrix was created. At the moment, the model of sustainable development of the state is defined as the most relevant.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Isaac Wanzige Magoola ◽  
Rogers Mwesigwa ◽  
Ruth Nabwami

Purpose The purpose of this paper is to provide the initial evidence of the relationship between the community and public-private partnership (PPP) projects by focusing on community engagement, trust and performance. Design/methodology/approach This study is cross sectional and correlational and it uses project level data that were collected by means of a questionnaire from a sample of 47 PPP projects in Uganda. Findings Results indicate that trust and community engagement are significantly associated with the performance of PPP projects. Research limitations/implications This study was cross-sectional, and thus monitoring changes in behaviour over time was not possible. The study used a quantitative research approach and this limits respondents from expressing their feelings fully. The study was conducted in Uganda and it is possible that the results of this study can be generalized to developing countries with environments similar to that of Uganda. Practical implications The results are important for PPP projects to understand the role that trust and community engagement play in as far as the performance of PPP projects is concerned. Originality/value Whilst there have been a number of studies on the performance of PPP projects, this study provides initial empirical evidence on the influence of trust and community engagement on the performance of PPP projects using evidence from PPP projects of an African developing economy – Uganda.


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.


Author(s):  
I. Petrova ◽  

The development of public-private partnerships is identified as a key mechanism for attracting investment to achieve the Sustainable Development Goals, including Objective 9 “Sustainable Infrastructure, Promoting Comprehensive and Sustainable Industrialization and Innovation” and Objective 17 “Strengthening the Global Partnership for Sustainable Development and Enhancing It”. It is proposed to introduce into scientific circulation the concept of international-public-private partnership, taking into account the interests and funds of international organizations and international donors. The mutual coherence of the interests of the state and the private sector in the partnership is analyzed. Different variations of the interaction of institutional intermediaries through the prism of specific actors (state, business, civil society and international organization) are considered. The institutional support of international-public-private partnership to achieve the Sustainable Development Goals of the old industrial regions is analyzed. It is determined that in order to develop and support international-public-private partnership projects to achieve the Sustainable Development Goals in the old industrial regions it is necessary to create a single system for implementation and monitoring of international-public-private partnership projects taking into account all established institutions. The system of institutions for the development of international-public-private partnerships includes financial and non-financial institutions. It is proposed to establish the Center for International-Public-Private Partnership as an independent expert body, the purpose of which is to prepare, organize and support international-public-private partnership projects, as well as to provide support to public administration and business.


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