Public-Private Partnerships in Emerging Economies

Augustine Edobor Arimoro (The Nottingham Trent University)

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English

Routledge
09 January 2023

Development studies; Development economics; Jurisprudence & general issues; Constitutional & administrative law; Banking law

Series: Routledge Research in Finance and Banking Law

Over the years, a shortage of funds has resulted in a huge deficit in government budgets for infrastructure, especially in developing economies. It is no longer feasible for governments to bear the entire burden of funding public infrastructure. Given that an inadequate supply of public infrastructure poses a challenge for the economic development of any country, partnerships with the private sector to fund public infrastructure procurement has started to be relied on as an alternative to traditional public procurement. Public-Private Partnerships are an arrangement that allow private entities to fund, design, manage and operate public infrastructure for a term in exchange for the payment of tolls by users or the government may well be the solution to the infrastructure crisis in many developing economies.

This book examines the role of law in the adoption, implementation and regulation of Public-Private Partnership in selected developing economies including Brazil, India, Nigeria and South Africa to address how to deal with overlapping laws and how the law can protect assets invested in PPP in order to attract private sector interests in infrastructure financing in developing market, showing how law can be used to create, sustain and promote PPP frameworks that take into account local circumstances in developing economies.

By: Augustine Edobor Arimoro (The Nottingham Trent University)
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 367g
ISBN: 9780367616069
ISBN 10: 0367616068
Series: Routledge Research in Finance and Banking Law
Pages: 228
Publication Date: 09 January 2023
Audience: College/higher education , Professional and scholarly , Primary , Undergraduate
Format: Paperback
Publisher's Status: Active

Dr Augustine Arimoro is a Lecturer in Law at Nottingham Trent University, Nottingham, UK. He is also a Barrister and Solicitor of the Supreme Court of Nigeria.