Developing Public-Private Partnership Initiatives in the Middle East and North Africa : From Public Debt to Maximizing Finance for Development

This paper argues for a novel approach to financing infrastructure needs in Arab countries. It first describes the context of rising public debt in the region, contrasting it with the vast infrastructure needs. It then discusses the challenges in m...

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Main Authors: Arezki, Rabah, Belhaj, Ferid
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/860241558712523200/Developing-Public-Private-Partnership-Initiatives-in-the-Middle-East-and-North-Africa-From-Public-Debt-to-Maximizing-Finance-for-Development
http://hdl.handle.net/10986/31745
id okr-10986-31745
recordtype oai_dc
spelling okr-10986-317452022-09-19T12:17:28Z Developing Public-Private Partnership Initiatives in the Middle East and North Africa : From Public Debt to Maximizing Finance for Development Arezki, Rabah Belhaj, Ferid PUBLIC-PRIVATE PARTNERSHIP PUBLIC DEBT DEVELOPMENT FINANCE INFRASTRUCTURE FINANCE STATE CAPACITY This paper argues for a novel approach to financing infrastructure needs in Arab countries. It first describes the context of rising public debt in the region, contrasting it with the vast infrastructure needs. It then discusses the challenges in meeting these needs with traditional financing. The paper then makes the case for maximizing finance for development, by using public-private partnerships, and presents a few successful examples in Arab countries. Finally, the paper explores the way forward and concludes on the need for strong state capacity and integrity to promote the maximizing finance for development approach. 2019-05-30T19:23:25Z 2019-05-30T19:23:25Z 2019-05 Working Paper http://documents.worldbank.org/curated/en/860241558712523200/Developing-Public-Private-Partnership-Initiatives-in-the-Middle-East-and-North-Africa-From-Public-Debt-to-Maximizing-Finance-for-Development http://hdl.handle.net/10986/31745 English Policy Research Working Paper;No. 8863 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Middle East and North Africa Middle East North Africa
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic PUBLIC-PRIVATE PARTNERSHIP
PUBLIC DEBT
DEVELOPMENT FINANCE
INFRASTRUCTURE FINANCE
STATE CAPACITY
spellingShingle PUBLIC-PRIVATE PARTNERSHIP
PUBLIC DEBT
DEVELOPMENT FINANCE
INFRASTRUCTURE FINANCE
STATE CAPACITY
Arezki, Rabah
Belhaj, Ferid
Developing Public-Private Partnership Initiatives in the Middle East and North Africa : From Public Debt to Maximizing Finance for Development
geographic_facet Middle East and North Africa
Middle East
North Africa
relation Policy Research Working Paper;No. 8863
description This paper argues for a novel approach to financing infrastructure needs in Arab countries. It first describes the context of rising public debt in the region, contrasting it with the vast infrastructure needs. It then discusses the challenges in meeting these needs with traditional financing. The paper then makes the case for maximizing finance for development, by using public-private partnerships, and presents a few successful examples in Arab countries. Finally, the paper explores the way forward and concludes on the need for strong state capacity and integrity to promote the maximizing finance for development approach.
format Working Paper
author Arezki, Rabah
Belhaj, Ferid
author_facet Arezki, Rabah
Belhaj, Ferid
author_sort Arezki, Rabah
title Developing Public-Private Partnership Initiatives in the Middle East and North Africa : From Public Debt to Maximizing Finance for Development
title_short Developing Public-Private Partnership Initiatives in the Middle East and North Africa : From Public Debt to Maximizing Finance for Development
title_full Developing Public-Private Partnership Initiatives in the Middle East and North Africa : From Public Debt to Maximizing Finance for Development
title_fullStr Developing Public-Private Partnership Initiatives in the Middle East and North Africa : From Public Debt to Maximizing Finance for Development
title_full_unstemmed Developing Public-Private Partnership Initiatives in the Middle East and North Africa : From Public Debt to Maximizing Finance for Development
title_sort developing public-private partnership initiatives in the middle east and north africa : from public debt to maximizing finance for development
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/860241558712523200/Developing-Public-Private-Partnership-Initiatives-in-the-Middle-East-and-North-Africa-From-Public-Debt-to-Maximizing-Finance-for-Development
http://hdl.handle.net/10986/31745
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