Risk Management in Public-Private Partnerships

Author:   Mohammad Heydari (Southwest University, China) ,  Kin Keung Lai (Shaanxi Normal University, China) ,  Zhou Xiaohu (Nanjing University, China)
Publisher:   Taylor & Francis Ltd
ISBN:  

9780367630829


Pages:   348
Publication Date:   30 June 2022
Format:   Paperback
Availability:   In Print   Availability explained
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Risk Management in Public-Private Partnerships


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Overview

Public-Private Partnership (PPP) is a channel through which the public sector can seek alternative funding and expertise from the private sector to procure public infrastructure. Governments around the world are increasingly turning to Public-Private Partnerships to deliver essential goods and services. Unfortunately, PPPs, like any other public procurement, can be at risk of corruption. This book begins by looking at the basics of PPP and the challenges of the PPP process. It then conceptualizes the vulnerability of various stages of Public-Private Partnership models and corruption risk against the backdrop of contract theory, principal-agent theory and transaction cost economics. The book also discusses potential control mechanisms. The book also stresses the importance of good governance for PPP. It outlines principles and procedures of project risk management (PRM) developed by a working party of the Association of Project Managers. Finally, the book concludes by proposing strategies and solutions to overcome the limitations and challenges of the current approach toward PPP.

Full Product Details

Author:   Mohammad Heydari (Southwest University, China) ,  Kin Keung Lai (Shaanxi Normal University, China) ,  Zhou Xiaohu (Nanjing University, China)
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Weight:   0.453kg
ISBN:  

9780367630829


ISBN 10:   0367630826
Pages:   348
Publication Date:   30 June 2022
Audience:   College/higher education ,  Tertiary & Higher Education
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

1.Introduction to Public-Private Partnerships 2. PPPs, Ethics and Corruption 3. PPPs and Governance 4. Overview of Risk Management in PPPs and Corruption 5. Allocation of Risk to PPs, including corruption 6. Anti- Corruption Risk Management in PPPs

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Author Information

Mohammad Heydari is an Iranian researcher and writer and is currently a PhD candidate at the School of Economics and Management, Nanjing University of Science and Technology. Kin Keung Lai is currently the Distinguished Professor at the College of Economics, Shenzhen University, China, and also an Honorary Professor at the Department of Industrial and Manufacturing Systems Engineering at Hong Kong University. Zhou Xiaohu is currently a Professor at the School of Economics and Management, Nanjing University of Science and Technology.

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