The Seven Sins of Flawed Public-Private Partnerships

There are three stakeholders in a public-private partnership (PPP), (a) the government in office, (b) private firms (financial and non-financial) and investors (individual and institutional), and (c) final beneficiaries (taxpayers or users, present...

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Bibliographic Details
Main Authors:	de la Torre, Augusto, Rudolph, Heinz
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2016
Subjects:	AUCTION CONTINGENT LIABILITIES CAPITAL MARKETS FINANCIAL SERVICES HOLDING BROKERAGE LIABILITY ACCOUNTING CHECKS PUBLIC-PRIVATE PARTNERSHIPS FUND MANAGERS INTEREST INSTITUTIONAL INVESTORS LIFE INSURANCE GUARANTEES LONG-TERM FINANCE SAVINGS ACCOUNTS EXCHANGE DISCOUNT RATE CAPITAL BASE LIQUIDITY LONG-TERM LIABILITIES FIXED ANNUITIES CAPITAL STRUCTURES REVENUES CAPITAL STRUCTURE REGULATOR DEFAULT RISK BONDS LOAN DISCOUNT RENEGOTIATION SUBSIDY PRICE SAVING BENEFICIARIES GOVERNMENT GUARANTEES PENSION CREDITOR DISPUTE RESOLUTION BUDGET CONCESSION LONG-TERM ASSET MARKET LIQUIDITY INVESTMENT HORIZONS INSTITUTIONAL INVESTOR PRIVATE CREDITOR DISPUTE RESOLUTION MECHANISM SAVINGS PUBLIC-PRIVATE PARTNERSHIP CONCESSION CONTRACT CURRENCY CONTRACT RENEGOTIATION INFRASTRUCTURE PROJECT CONTRACTS PRIVATIZATIONS OPTIONS MARKETS DEBT RETURN PUBLIC FINANCE NEGOTIATIONS LIFE INSURANCE COMPANIES BREACH OF CONTRACT LOANS SECONDARY MARKET LIQUIDITY RISK SHARING PENSION FUNDS FINANCIAL SYSTEM DUE DILIGENCE SUBSIDIES FINANCE TAXES CONTINGENT LIABILITY INVESTORS SYSTEMIC RISKS GOOD JURISDICTION PROCUREMENT DISCLOSURE STANDARDS SOVEREIGN RISK FUTURE GOVERNMENT GUARANTEE CONFLICTS OF INTEREST CONCESSIONS BOND MARKET CONTRACT INFRASTRUCTURE BONDS BIDS BALANCE SHEET MARKET DEFAULT INFRASTRUCTURE PROJECTS LOCAL CURRENCY FINANCIAL CONTRACTS GOVERNANCE RENEGOTIATIONS INFRASTRUCTURE CONCESSIONS INSURANCE ECONOMIC DEVELOPMENT GOVERNMENT BONDS INTERESTS INVESTOR MISSING MARKET MUTUAL FUND INVESTMENT RATES OF RETURN BOND COMMERCIAL BANKS CONTRACTUAL OBLIGATION INFRASTRUCTURE BOND INFRASTRUCTURE FINANCE FINANCIAL ASSETS PRIVATE INVESTORS BID COORDINATION FAILURES PROFIT RESOLUTION MECHANISM CONTRACT RENEGOTIATIONS SUPERVISORY AGENCY PENSION FUND LONG-TERM INVESTORS INSURANCE COMPANIES LEVERAGE EXCHANGE RATE INSTITUTIONAL FRAMEWORK SECONDARY MARKET FINANCIAL SYSTEMS LIABILITIES LONG TERM FINANCE OUTSOURCING FINANCIAL SERVICES INDUSTRY GUARANTEE LONG-TERM ASSETS UNDERDEVELOPED FINANCIAL SYSTEMS EXCHANGE RATE REGIMES FAIR PRICE ASSET MANAGERS
Online Access:	http://documents.worldbank.org/curated/en/2015/12/25674410/seven-sins-flawed-public-private-partnerships http://hdl.handle.net/10986/23595

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http://documents.worldbank.org/curated/en/2015/12/25674410/seven-sins-flawed-public-private-partnerships
http://hdl.handle.net/10986/23595

The Seven Sins of Flawed Public-Private Partnerships

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