Deriving Macroeconomic Benefits from Public–Private Partnerships in Developing Asia

Published By: Asian Development Bank Institute (ADBI) | Published Date: August, 07 , 2018

This paper develops a framework identifying channels through which economic gains can be derived from PPP arrangement. The framework helps derive an empirically tractable specification that examines how PPPs affect the aggregate economy. Empirical results suggest that increasing the ratio of PPP investment to GDP improves access to and quality of infrastructure services, and economic growth will potentially be higher. But this optimism is conditional, especially on the region’s efforts to further upgrade its technical and institutional capacity to handle complex PPP contracts.

Author(s): Minsoo Lee, Xuehui Han, Raymond Gaspar, Emmanuel Alano | Posted on: Aug 11, 2018 | Views() | Download (160)

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