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The United Nations Economic Commission for Europe Forum on Good Governance in Public-Private Partnerships for Infrastructure Development

By The World Bank

Description
Economics

Excerpt
These procedures are important. Without them, projects can be delayed; they can generate strong opposition from civil society and other relevant stakeholders, and they can have negative economic consequences. Procedural weaknesses tend to be caused by inter alia, the non-existence, or weak enforcement of laws; the absence of regulatory and supervisory public agencies; the lack of effective dispute resolution systems, and weak corporate governance. These weaknesses encourage, and are, indeed, a product of corruption by both public and private sectors. The request for international guidance on governance and PPPs is increasing from both the private sector and the public authorities. There is a general demand for practical knowledge on PPPs that is in conformity with national and international norms and standards (such as the various Directives applicable at EU level) and, more importantly, which safeguard the final users? best interests.

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Book Id: WPLBN0000189418
Format Type: PDF eBook
File Size: 199.17 KB
Reproduction Date: 2005


Title: The United Nations Economic Commission for Europe Forum on Good Governance in Public-Private Partnerships for Infrastructure Development  
Author: The World Bank
Volume:
Language: English
Subject: Economics, Finance & business, World Bank.
Collection: Economics Publications Collection
Subcollection:
Historic
Publication Date:
Publisher: The World Bank

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