Public-Private Partnerships in Transport

Estache, Antonio; Juan, Ellis; Trujillo, Lourdes

doi:10.1596/1813-9450-4436

Publication:
Public-Private Partnerships in Transport

dc.contributor.author	Estache, Antonio
dc.contributor.author	Juan, Ellis
dc.contributor.author	Trujillo, Lourdes
dc.date.accessioned	2012-06-08T21:13:05Z
dc.date.available	2012-06-08T21:13:05Z
dc.date.issued	2007-12
dc.description.abstract	This paper summarizes the evidence on the evolution of transport PPPs over the last 15 years or so. In the process, it provides a primer on the associated policy issues, including of the central role of project finance in the implementation of PPP policies and the debates on risk allocation in the design of PPPs. The paper also offers a discussion of the increasingly well recognized residual roles for the public sector in transport, with an emphasis on the regulatory debates surrounding the adoption of PPPs.	en
dc.identifier	http://documents.worldbank.org/curated/en/2007/12/8876072/public-private-partnerships-transport
dc.identifier.uri	http://hdl.handle.net/10986/7602
dc.language	English
dc.publisher	World Bank, Washington, DC
dc.relation.ispartofseries	Policy Research Working Paper; No. 4436
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo/
dc.subject	ACCOUNTING
dc.subject	ACQUISITION OF RIGHT-OF-WAY
dc.subject	AFFILIATE
dc.subject	AFFORDABILITY
dc.subject	AIRPORT
dc.subject	AIRPORTS
dc.subject	AMOUNT OF DEBT
dc.subject	AMOUNT OF RISK
dc.subject	ARBITRATION
dc.subject	AUCTIONS
dc.subject	AUTOMATIC TOLL COLLECTION
dc.subject	BAILOUTS
dc.subject	BALANCE SHEET
dc.subject	BALANCE SHEETS
dc.subject	BANK DEBT
dc.subject	BANKRUPTCY
dc.subject	BID
dc.subject	BIDS
dc.subject	BOND
dc.subject	BORDER CROSSINGS
dc.subject	BORROWING COSTS
dc.subject	BORROWINGS
dc.subject	BOTTLENECKS
dc.subject	CAPITAL EXPENDITURES
dc.subject	CAPITAL FLOWS
dc.subject	CAPITAL INVESTMENTS
dc.subject	CAPITAL STRUCTURES
dc.subject	CASH FLOWS
dc.subject	CENTRAL BANK
dc.subject	COLLATERAL
dc.subject	COMMERCIAL BANKS
dc.subject	COMMERCIAL LENDING
dc.subject	CONGESTION
dc.subject	CONTRACT DISPUTES
dc.subject	CONTRACT RENEGOTIATIONS
dc.subject	CONTRACTUAL OBLIGATIONS
dc.subject	COST OF CAPITAL
dc.subject	CREDIBILITY
dc.subject	CREDIT AGENCIES
dc.subject	CREDIT RISK
dc.subject	CREDITORS
dc.subject	CREDITS
dc.subject	CURRENCY RISK
dc.subject	CURRENCY RISKS
dc.subject	DEBT CAPITAL
dc.subject	DEBT FINANCE
dc.subject	DEBT FINANCING
dc.subject	DEBT RATIOS
dc.subject	DEBT RESTRUCTURING
dc.subject	DEBT SERVICE
dc.subject	DEBT SERVICING
dc.subject	DEBTS
dc.subject	DERIVATIVE
dc.subject	DERIVATIVE PRODUCTS
dc.subject	DEVELOPING COUNTRIES
dc.subject	DEVELOPMENT FINANCE
dc.subject	DEVELOPMENT FINANCE INSTITUTIONS
dc.subject	DISPUTE RESOLUTION
dc.subject	DOMESTIC CAPITAL
dc.subject	DOMESTIC CAPITAL MARKETS
dc.subject	DRIVING
dc.subject	DUE DILIGENCE
dc.subject	ECONOMIC ACTIVITY
dc.subject	ELASTICITY
dc.subject	EMERGING BOND MARKETS
dc.subject	EMERGING MARKETS
dc.subject	EQUIPMENT
dc.subject	EQUITY CONTRIBUTION
dc.subject	EQUITY CONTRIBUTIONS
dc.subject	EQUITY FINANCE
dc.subject	EQUITY INVESTMENT
dc.subject	EQUITY INVESTORS
dc.subject	ESCROW
dc.subject	EXCHANGE RATE
dc.subject	EXCHANGE RATES
dc.subject	EXPENDITURES
dc.subject	EXPROPRIATION
dc.subject	EXTERNALITIES
dc.subject	FINANCES
dc.subject	FINANCIAL CRISES
dc.subject	FINANCIAL INSTITUTIONS
dc.subject	FINANCIAL INSTRUMENTS
dc.subject	FINANCIAL MARKETS
dc.subject	FINANCIAL RISK
dc.subject	FINANCIAL STATEMENTS
dc.subject	FINANCIAL SUPPORT
dc.subject	FOREIGN CAPITAL
dc.subject	FOREIGN CURRENCY
dc.subject	FOREIGN EXCHANGE
dc.subject	FOREIGN EXCHANGE RISKS
dc.subject	FOREIGN FINANCING
dc.subject	FORGIVENESS
dc.subject	FREIGHT
dc.subject	FREIGHT RAIL
dc.subject	FREIGHT TRANSPORT
dc.subject	FUNDING SOURCE
dc.subject	GOVERNMENT GUARANTEES
dc.subject	GOVERNMENT SUPPORT
dc.subject	HIGHWAY
dc.subject	HOST GOVERNMENT
dc.subject	HUMAN CAPITAL
dc.subject	HUMAN RESOURCES
dc.subject	INCOME ELASTICITY
dc.subject	INCOME LEVELS
dc.subject	INFLATION
dc.subject	INFRASTRUCTURE CONCESSION
dc.subject	INFRASTRUCTURE CONCESSIONS
dc.subject	INFRASTRUCTURE PROJECTS
dc.subject	INSTITUTIONAL CAPACITY
dc.subject	INSTRUMENT
dc.subject	INSURANCE
dc.subject	INSURANCE COMPANIES
dc.subject	INTEREST PAYMENTS
dc.subject	INTEREST RATE
dc.subject	INTEREST RATE RISK
dc.subject	INTEREST RATES
dc.subject	INTERNATIONAL BANK
dc.subject	INTERNATIONAL MARKETS
dc.subject	INVESTMENT BANKERS
dc.subject	INVESTMENT BANKS
dc.subject	INVESTMENT CHOICE
dc.subject	INVESTMENT DECISIONS
dc.subject	INVESTMENT REQUIREMENTS
dc.subject	LABOR COSTS
dc.subject	LAND TRANSPORT
dc.subject	LAND VALUES
dc.subject	LAWS
dc.subject	LEGAL INSTRUMENTS
dc.subject	LEGISLATION
dc.subject	LENDER
dc.subject	LENDERS
dc.subject	LEVEL OF CONFIDENCE
dc.subject	LEVEL OF RISK
dc.subject	LEVEL OF RISKS
dc.subject	LIABILITY
dc.subject	LIQUIDITY
dc.subject	LIQUIDITY CRISIS
dc.subject	LOAN
dc.subject	LOCAL CURRENCY
dc.subject	LOCAL INVESTORS
dc.subject	LONG-TERM DEBT
dc.subject	MACROECONOMIC CONDITIONS
dc.subject	MACROECONOMIC RISK
dc.subject	MANDATES
dc.subject	MEZZANINE CAPITAL
dc.subject	MORTGAGE
dc.subject	MUNICIPALITIES
dc.subject	MUTUAL FUNDS
dc.subject	OPERATING COSTS
dc.subject	OPPORTUNITY COST
dc.subject	PASSENGER RAIL
dc.subject	PASSENGER TRANSPORT
dc.subject	PENSION
dc.subject	PENSION ASSETS
dc.subject	POLITICAL ECONOMY
dc.subject	POLITICAL RISK
dc.subject	POLITICAL RISKS
dc.subject	POLLUTION
dc.subject	PORT AUTHORITIES
dc.subject	PORTFOLIO
dc.subject	POTENTIAL EXPOSURE
dc.subject	PRIVATE CAPITAL
dc.subject	PRIVATE FINANCE
dc.subject	PRIVATE FINANCING
dc.subject	PRIVATE INVESTORS
dc.subject	PRIVATE ROADS
dc.subject	PRIVATIZATION
dc.subject	PRODUCTIVITY
dc.subject	PROFITABILITY
dc.subject	PUBLIC BUDGET
dc.subject	PUBLIC FACILITIES
dc.subject	PUBLIC FINANCE
dc.subject	PUBLIC FUNDS
dc.subject	PUBLIC PARTICIPATION
dc.subject	PUBLIC POLICY
dc.subject	PUBLIC SECTOR BORROWING
dc.subject	PUBLIC SERVICES
dc.subject	PUBLIC TRANSPORT
dc.subject	PUBLIC UTILITIES
dc.subject	PUBLIC WORKS
dc.subject	PUBLIC-PRIVATE PARTNERSHIPS
dc.subject	RAIL
dc.subject	RAIL SERVICES
dc.subject	RAILWAYS
dc.subject	RATE OF RETURN
dc.subject	RATES OF RETURN
dc.subject	REGIONAL DEVELOPMENT BANKS
dc.subject	REGULATORY OVERSIGHT
dc.subject	RENEGOTIATION
dc.subject	REPAYMENT
dc.subject	RESERVES
dc.subject	RETURN
dc.subject	RETURN ON EQUITY
dc.subject	RETURN ON INVESTMENT
dc.subject	RETURNS
dc.subject	REVENUE SHARING
dc.subject	RISK EXPOSURE
dc.subject	RISK MANAGEMENT
dc.subject	RISK PREMIUMS
dc.subject	RISK SHARING
dc.subject	ROAD DEVELOPMENT
dc.subject	ROAD PROJECTS
dc.subject	ROAD SECTOR
dc.subject	ROAD TOLLS
dc.subject	ROLLING STOCK
dc.subject	SHAREHOLDERS
dc.subject	SHORT-TERM DEBT
dc.subject	SUBORDINATED DEBT
dc.subject	TAX
dc.subject	TELECOMMUNICATIONS
dc.subject	TOLL
dc.subject	TOLL ROAD
dc.subject	TOLL ROADS
dc.subject	TOLLS
dc.subject	TRAFFIC
dc.subject	TRAFFIC GROWTH
dc.subject	TRAFFIC LEVEL
dc.subject	TRAFFIC LEVELS
dc.subject	TRAFFIC RISK
dc.subject	TRAFFIC VOLUMES
dc.subject	TRANSACTION
dc.subject	TRANSACTION COSTS
dc.subject	TRANSIT
dc.subject	TRANSPORT
dc.subject	TRANSPORT ACTIVITIES
dc.subject	TRANSPORT INFRASTRUCTURE
dc.subject	TRANSPORT INFRASTRUCTURES
dc.subject	TRANSPORT POLICY
dc.subject	TRANSPORT PROJECTS
dc.subject	TRANSPORT SECTOR
dc.subject	TRANSPORT SERVICES
dc.subject	TRANSPORTATION
dc.subject	TRIPS
dc.subject	TRUE
dc.subject	URBAN TRANSPORT
dc.subject	VEHICLE
dc.title	Public-Private Partnerships in Transport	en
dspace.entity.type	Publication
okr.doctype	Publications & Research :: Policy Research Working Paper
okr.doctype	Publications & Research
okr.docurl	http://documents.worldbank.org/curated/en/2007/12/8876072/public-private-partnerships-transport
okr.globalpractice	Transport and ICT
okr.globalpractice	Finance and Markets
okr.identifier.doi	10.1596/1813-9450-4436
okr.identifier.externaldocumentum	000158349_20071212085739
okr.identifier.internaldocumentum	8876072
okr.identifier.report	WPS4436
okr.language.supported	en
okr.pdfurl	http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2007/12/12/000158349_20071212085739/Rendered/PDF/wps4436.pdf	en
okr.topic	Finance and Financial Sector Development :: Access to Finance
okr.topic	Banks and Banking Reform
okr.topic	Transport Economics Policy and Planning
okr.topic	Finance and Financial Sector Development :: Debt Markets
okr.topic	Transport
okr.unit	Development Research Group (DECRG)
okr.volume	1 of 1
relation.isSeriesOfPublication	26e071dc-b0bf-409c-b982-df2970295c87