Public-Private Partnerships in the Context of Public Investment Management in Ukraine : An Assessment
Ukraines vast needs in infrastructure coupled with a constrained fiscal space require concerted efforts in strengthening public investment management. Investments in infrastructure are important for fostering economic growth. Translating public inv...
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/2016/06/26443453/public-private-partnerships-context-public-investment-management-ukraine-assessment http://hdl.handle.net/10986/24772 |
| Summary: | Ukraines vast needs in infrastructure
coupled with a constrained fiscal space require concerted
efforts in strengthening public investment management.
Investments in infrastructure are important for fostering
economic growth. Translating public investments into assets
crucially depends on how efficiently all types of public
investments are management. The structure to handle PPPs is
currently inadequate to access the global PPP market. Since
a PPP system needs to be built on the foundations of a
workable PIM system, the prospects for Ukraine attracting
international standard investments from the global PPP
market may appear to be out of reach for the time being.
Recent reforming legislation aimed at fixing some of the
issues highlighted in the 2012 PIM Assessment is encouraging
but much will depend on the effectiveness of the
implementation and the capacity of the institutional actors
to understand and absorb them. This Assessment must by its
very nature capture the situation at the time of the
Assessment rather than an expectation of future potential. |
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