Public Private Partnerships in the Caribbean : Bridging the Financing Gap
Caribbean countries are committed to achieving significant economic and social development to raise the living standards and welfare of citizens. To achieve rapid development, to support most needed sustainable high growth rates and poverty reducti...
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2013/06/17886508/public-private-partnerships-caribbean-bridging-financing-gap http://hdl.handle.net/10986/16618 |
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okr-10986-16618 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCOUNTING ARBITRAGE AUCTION BEST PRACTICE BEST PRACTICES BONDS CAPACITY BUILDING CAPITAL MARKETS CIVIL SOCIETY COMMON LAW COMMUNICATIONS PLATFORM CONTRACT DESIGN DELIVERY METHODS DEVELOPMENT BANK DOCUMENTS ECONOMIC ACTIVITIES ECONOMIES OF SCALE ELECTRICITY EMERGING MARKETS ENTRY POINT EQUITY FUNDS FINANCIAL COMMITMENTS FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MANAGEMENT FINANCIAL MARKET FINANCIAL RESOURCES FINANCIAL SERVICES FISCAL CAPACITY FISCAL DEFICITS GENERAL PUBLIC GOVERNMENT FINANCING GOVERNMENT GUARANTEES HOSPITALS HUMAN CAPITAL ICT IMAGE IMPLEMENTING AGENCIES INFRASTRUCTURE BONDS INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PROVIDERS INSTITUTION INSTITUTIONAL CAPACITY INTERFACE INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL MARKETS INVESTMENT FUNDS ISSUANCE KNOWLEDGE SHARING LEGAL FRAMEWORK LEGAL IMPEDIMENTS LEGAL INSTRUMENTS LEGAL TRADITION LEGISLATIVE REFORM LENDERS LIVING STANDARDS LOCAL CAPACITY MARKET DEVELOPMENT MARKETING MARKETING STRATEGY MODELING NATIONAL TRAINING PENSION PENSION FUNDS PERFORMANCE INDICATORS PERFORMANCE RISK PHOTO PILOT PROJECTS POLICY FRAMEWORK PORTFOLIOS POTENTIAL INVESTORS PPP PRIVATE CAPITAL PRIVATE EQUITY PRIVATE PARTNERSHIP PRIVATE SECTOR PRIVATE SECTORS PROCUREMENT PROCESS PRODUCTIVITY PUBLIC PUBLIC ACCESS PUBLIC ADMINISTRATION PUBLIC DEBT PUBLIC INFRASTRUCTURE PUBLIC PRIVATE PARTNERSHIPS PUBLIC PROCUREMENT PUBLIC RESOURCES PUBLIC SECTOR REGIONAL INITIATIVES REGISTRY REGULATORY FRAMEWORK REGULATORY OVERSIGHT RELIABILITY RESULT RESULTS SOCIAL DEVELOPMENT STOCK EXCHANGES TELECOMMUNICATIONS TRAINING PROGRAMS TRANSACTION TRANSPARENCY TYPOLOGY WEB |
| spellingShingle |
ACCOUNTING ARBITRAGE AUCTION BEST PRACTICE BEST PRACTICES BONDS CAPACITY BUILDING CAPITAL MARKETS CIVIL SOCIETY COMMON LAW COMMUNICATIONS PLATFORM CONTRACT DESIGN DELIVERY METHODS DEVELOPMENT BANK DOCUMENTS ECONOMIC ACTIVITIES ECONOMIES OF SCALE ELECTRICITY EMERGING MARKETS ENTRY POINT EQUITY FUNDS FINANCIAL COMMITMENTS FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MANAGEMENT FINANCIAL MARKET FINANCIAL RESOURCES FINANCIAL SERVICES FISCAL CAPACITY FISCAL DEFICITS GENERAL PUBLIC GOVERNMENT FINANCING GOVERNMENT GUARANTEES HOSPITALS HUMAN CAPITAL ICT IMAGE IMPLEMENTING AGENCIES INFRASTRUCTURE BONDS INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PROVIDERS INSTITUTION INSTITUTIONAL CAPACITY INTERFACE INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL MARKETS INVESTMENT FUNDS ISSUANCE KNOWLEDGE SHARING LEGAL FRAMEWORK LEGAL IMPEDIMENTS LEGAL INSTRUMENTS LEGAL TRADITION LEGISLATIVE REFORM LENDERS LIVING STANDARDS LOCAL CAPACITY MARKET DEVELOPMENT MARKETING MARKETING STRATEGY MODELING NATIONAL TRAINING PENSION PENSION FUNDS PERFORMANCE INDICATORS PERFORMANCE RISK PHOTO PILOT PROJECTS POLICY FRAMEWORK PORTFOLIOS POTENTIAL INVESTORS PPP PRIVATE CAPITAL PRIVATE EQUITY PRIVATE PARTNERSHIP PRIVATE SECTOR PRIVATE SECTORS PROCUREMENT PROCESS PRODUCTIVITY PUBLIC PUBLIC ACCESS PUBLIC ADMINISTRATION PUBLIC DEBT PUBLIC INFRASTRUCTURE PUBLIC PRIVATE PARTNERSHIPS PUBLIC PROCUREMENT PUBLIC RESOURCES PUBLIC SECTOR REGIONAL INITIATIVES REGISTRY REGULATORY FRAMEWORK REGULATORY OVERSIGHT RELIABILITY RESULT RESULTS SOCIAL DEVELOPMENT STOCK EXCHANGES TELECOMMUNICATIONS TRAINING PROGRAMS TRANSACTION TRANSPARENCY TYPOLOGY WEB Guasch, Jose Luis Public Private Partnerships in the Caribbean : Bridging the Financing Gap |
| geographic_facet |
Latin America & Caribbean |
| relation |
Caribbean knowledge series;no. 5 |
| description |
Caribbean countries are committed to
achieving significant economic and social development to
raise the living standards and welfare of citizens. To
achieve rapid development, to support most needed
sustainable high growth rates and poverty reduction, it is
necessary to make substantial and immediate investments in
economic and social infrastructure. Efficient, cost
competitive facilities and services in transport and
communications, energy, water, sanitation, health and
education are essential to drive and support this
development effort and to reduce poverty. Yet, fiscal space,
the resources available to the public sector for needed
infrastructure investments are very limited. Many Caribbean
countries have high levels of public debt as a percentage of
gross domestic product (GDP) and high fiscal deficits. Under
traditional public procurement, government obtains a public
infrastructure service such as electricity, water supply,
schools and hospitals, by engaging a contractor to construct
a facility which the Government then owns, manages and
operates. This form of public procurement will continue, but
as a result of the limited fiscal space, public
infrastructure services development will also be sought
through public private partnership (PPP) arrangements which
will mean a broader role for the private sector in providing
infrastructure facilities and services. The Governments of
most Caribbean countries appear fully committed to promoting
economic activities and enhancing the well-being of its
citizens through more active participation of the private
sector in improving the infrastructure of the nation. Those
Governments believe that improving infrastructure through
PPP arrangements will harness the development of the private
sector to contribute to the growth of GDP and poverty
reduction over the life of their respective strategic
development plan and current administrations. |
| format |
Publications & Research :: Working Paper |
| author |
Guasch, Jose Luis |
| author_facet |
Guasch, Jose Luis |
| author_sort |
Guasch, Jose Luis |
| title |
Public Private Partnerships in the Caribbean : Bridging the Financing Gap |
| title_short |
Public Private Partnerships in the Caribbean : Bridging the Financing Gap |
| title_full |
Public Private Partnerships in the Caribbean : Bridging the Financing Gap |
| title_fullStr |
Public Private Partnerships in the Caribbean : Bridging the Financing Gap |
| title_full_unstemmed |
Public Private Partnerships in the Caribbean : Bridging the Financing Gap |
| title_sort |
public private partnerships in the caribbean : bridging the financing gap |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2013/06/17886508/public-private-partnerships-caribbean-bridging-financing-gap http://hdl.handle.net/10986/16618 |
| _version_ |
1764433829388353536 |
| spelling |
okr-10986-166182021-04-23T14:03:30Z Public Private Partnerships in the Caribbean : Bridging the Financing Gap Guasch, Jose Luis ACCOUNTING ARBITRAGE AUCTION BEST PRACTICE BEST PRACTICES BONDS CAPACITY BUILDING CAPITAL MARKETS CIVIL SOCIETY COMMON LAW COMMUNICATIONS PLATFORM CONTRACT DESIGN DELIVERY METHODS DEVELOPMENT BANK DOCUMENTS ECONOMIC ACTIVITIES ECONOMIES OF SCALE ELECTRICITY EMERGING MARKETS ENTRY POINT EQUITY FUNDS FINANCIAL COMMITMENTS FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MANAGEMENT FINANCIAL MARKET FINANCIAL RESOURCES FINANCIAL SERVICES FISCAL CAPACITY FISCAL DEFICITS GENERAL PUBLIC GOVERNMENT FINANCING GOVERNMENT GUARANTEES HOSPITALS HUMAN CAPITAL ICT IMAGE IMPLEMENTING AGENCIES INFRASTRUCTURE BONDS INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PROVIDERS INSTITUTION INSTITUTIONAL CAPACITY INTERFACE INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL MARKETS INVESTMENT FUNDS ISSUANCE KNOWLEDGE SHARING LEGAL FRAMEWORK LEGAL IMPEDIMENTS LEGAL INSTRUMENTS LEGAL TRADITION LEGISLATIVE REFORM LENDERS LIVING STANDARDS LOCAL CAPACITY MARKET DEVELOPMENT MARKETING MARKETING STRATEGY MODELING NATIONAL TRAINING PENSION PENSION FUNDS PERFORMANCE INDICATORS PERFORMANCE RISK PHOTO PILOT PROJECTS POLICY FRAMEWORK PORTFOLIOS POTENTIAL INVESTORS PPP PRIVATE CAPITAL PRIVATE EQUITY PRIVATE PARTNERSHIP PRIVATE SECTOR PRIVATE SECTORS PROCUREMENT PROCESS PRODUCTIVITY PUBLIC PUBLIC ACCESS PUBLIC ADMINISTRATION PUBLIC DEBT PUBLIC INFRASTRUCTURE PUBLIC PRIVATE PARTNERSHIPS PUBLIC PROCUREMENT PUBLIC RESOURCES PUBLIC SECTOR REGIONAL INITIATIVES REGISTRY REGULATORY FRAMEWORK REGULATORY OVERSIGHT RELIABILITY RESULT RESULTS SOCIAL DEVELOPMENT STOCK EXCHANGES TELECOMMUNICATIONS TRAINING PROGRAMS TRANSACTION TRANSPARENCY TYPOLOGY WEB Caribbean countries are committed to achieving significant economic and social development to raise the living standards and welfare of citizens. To achieve rapid development, to support most needed sustainable high growth rates and poverty reduction, it is necessary to make substantial and immediate investments in economic and social infrastructure. Efficient, cost competitive facilities and services in transport and communications, energy, water, sanitation, health and education are essential to drive and support this development effort and to reduce poverty. Yet, fiscal space, the resources available to the public sector for needed infrastructure investments are very limited. Many Caribbean countries have high levels of public debt as a percentage of gross domestic product (GDP) and high fiscal deficits. Under traditional public procurement, government obtains a public infrastructure service such as electricity, water supply, schools and hospitals, by engaging a contractor to construct a facility which the Government then owns, manages and operates. This form of public procurement will continue, but as a result of the limited fiscal space, public infrastructure services development will also be sought through public private partnership (PPP) arrangements which will mean a broader role for the private sector in providing infrastructure facilities and services. The Governments of most Caribbean countries appear fully committed to promoting economic activities and enhancing the well-being of its citizens through more active participation of the private sector in improving the infrastructure of the nation. Those Governments believe that improving infrastructure through PPP arrangements will harness the development of the private sector to contribute to the growth of GDP and poverty reduction over the life of their respective strategic development plan and current administrations. 2014-01-28T00:18:40Z 2014-01-28T00:18:40Z 2013-06 http://documents.worldbank.org/curated/en/2013/06/17886508/public-private-partnerships-caribbean-bridging-financing-gap http://hdl.handle.net/10986/16618 English en_US Caribbean knowledge series;no. 5 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research Latin America & Caribbean |