Infrastructure Development and Public - Private Partnership - The Case of the Philippines

Infrastructure Development and Public–Private Partnership: The Case of the Philippines
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English | 2022 | ISBN: 978-981-19-1088-3 | 137 pages | True PDF, EPUB | 7.31 MB

This is the first book that analyzes public–private partnership (PPP) infrastructure development in developing countries by focusing on recent developments in the Philippines.

Infrastructure is extremely important for economic development and poverty reduction. However, given the infrastructure gap and pressures on public expenditure, there is a growing expectation that PPP will fill this gap globally. Over the years, PPP as a mechanism for financing and procuring infrastructure has been the basis of an active and provocative debate in the Philippines, which is known to have inadequate infrastructure—twice in the 2010s, when a significant policy shift on the financing source of public infrastructure was announced by the Philippine government. Drastic policy changes concerning the roles of public finance and PPP in infrastructure development within this decade are not seen in other developing countries.