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Benchmarking Infrastructure Development: PPP Regulatory Landscape - Assessing Quality and Exploring Reform

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dc.contributor.authorWorld Bank
dc.date.accessioned2024-10-09T18:03:59Z
dc.date.available2024-10-09T18:03:59Z
dc.date.issued2024-10-09
dc.description.abstractDespite its intrinsic relevance and policy makers’ efforts to address the infrastructure gap, progress has been limited. A confluence of challenges from macroeconomic shocks and political instability to weak institutional capacity has hindered the capacity of countries to develop infrastructure that meets demand. Increasing efficiencies in delivering infrastructure services is at the core of addressing the gap. Numerous countries have turned to private sector participation in infrastructure development to achieve these efficiencies and catalyze private capital investments. Although there are different modalities to procure infrastructure, public-private partnerships (PPPs) have been extensively used by many countries to deliver successful programs. This report examines one of the key elements of an overall sound PPP ecosystem, the crucial role that the quality of PPP regulatory frameworks plays in fostering a conducive ecosystem for successful PPP programs while acknowledging that it is just one of several critical factors. This report incorporates new empirical analysis from primary data collected through Benchmarking Infrastructure Development 2023 (BID 2023). It also uses country case studies to illustrate and draw lessons from how countries have created robust PPP ecosystems and strengthened PPP regulatory frameworks over time. This report is aligned with the Knowledge Compact Agenda’s focus on evidence-based decision-making by providing evidence-based knowledge that can inform development strategies and PPP operations. Additionally, it focuses on fostering the PPP ecosystem that is conducive to private sector investment, thereby contributing to the Private Capital Enabling (PCE) objectives that will ultimately support Private Capital Mobilization (PCM), two critical corporate objectives of the World Bank Group to help to close the infrastructure gap.en
dc.identifierhttp://documents.worldbank.org/curated/en/099091724141032233/P5004581fa9a660291a87d1a08e7c377b6f
dc.identifier.doi10.1596/42235
dc.identifier.urihttps://hdl.handle.net/10986/42235
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectINFRASTRUCTURE AND GROWTH
dc.subjectPPP ACCOUNTING AND REPORTING
dc.subjectFINANCIAL SECTOR DEVELOPMENT
dc.subjectMACROECONOMIC AND STRUCTURAL POLICIES
dc.subjectDECENT WORK AND ECONOMIC GROWTH
dc.subjectSDG 8
dc.titleBenchmarking Infrastructure Developmenten
dc.title.subtitlePPP Regulatory Landscape - Assessing Quality and Exploring Reformen
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleBenchmarking Infrastructure Development: PPP Regulatory Landscape - Assessing Quality and Exploring Reform
okr.date.disclosure2024-10-09
okr.date.lastmodified2024-09-26T00:00:00Zen
okr.doctypeEconomic & Sector Work::Other Infrastructure Study
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/099091724141032233/P5004581fa9a660291a87d1a08e7c377b6f
okr.guid099091724141032233
okr.identifier.docmidP500458-fa9a6675-ed6d-4129-a87d-a08e7c377b6f
okr.identifier.doihttps://doi.org/10.1596/42235
okr.identifier.externaldocumentum34392501
okr.identifier.internaldocumentum34392501
okr.identifier.report193589
okr.import.id5434
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099091724141032233/pdf/P5004581fa9a660291a87d1a08e7c377b6f.pdfen
okr.region.administrativeOther
okr.region.administrativeOther
okr.region.geographicalWorld
okr.topicFinance and Financial Sector Development::Finance and Development
okr.topicInfrastructure Economics and Finance::Infrastructure Finance
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.unitInfrastructure - PPP Group (IFPPP)
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