Public-private partnerships (PPPs) are an important vehicle for private participation in infrastructure investment, delivery and management. Renegotiations are an integral part of the PPP process but their prevalence varies markedly in different parts of the world. Renegotiations can be ...

Transport infrastructure is crucial to connect developing countries and help them to boost trade, growth and regional integration. This is because cross-border or long-distance roads and railways as well as international ports and airports are needed to move products and people around in a ...

Future economic development and the well-being of citizens in South East Europe (SEE) increasingly depend on greater economic competitiveness. Realising the region’s economic potential requires a holistic, growth-oriented policy approach. Against the backdrop of enhanced European Union (EU) ...

Overall, the German economy is performing very well. Still, many citizens feel they do not sufficiently benefit from Germany’s good economic performance, as evidenced by the outcomes of the recent election. They perceive that their well-being is compromised by technological change, foreign ...

Logistics are a critical element for country competitiveness and economic performance, including poverty reduction. Most emerging countries such as Asia, Africa, Latin America and the Caribbean are focusing on export-led growth strategies and poverty reduction strategies, and their performance is adversely affected by their high logistic costs that range from 10% to 50% of product value. This book illustrates the relevance and impact of logistics on these areas while also offering an effective logistics and infrastructure framework that addresses the full spectrum of the productive chain (upstream, midstream and downstream). It provides a structured agenda for designing and implementing holistic policy interventions (soft and hard components) to reduce logistic costs. Featuring case studies and examples of specific interventions and their impact in many countries, a number of them in Latin America, this book is useful to scholars, academics, practitioners and policy makers interested in the reduction of logistics costs and poverty reduction in the global economy.

This report examines the extent to which shortcomings in cost-benefit analysis for tranport projects can be addressed, focusing on equity and distributional impacts, agglomeration benefits and external costs. It also shows how best to present guidance on project selection to decision makers.

This report discusses the state of the art in understanding the economic effects of major transport infrastructure projects. It examines the limits of socio-economic cost-benefit analysis (CBA) and reviews the development of approaches to assessing the benefits of investment in large projects.

The transport sector currently faces a number of disruptions related to geopolitics, climate change and energy security. Transport system resilience refers to the sector’s capacity to deal with, adapt to and recover from such disruptions. This report sets out the main disruptions to transport systems worldwide. It explores ways to reduce uncertainty by assessing vulnerabilities, and the main mitigation and adaptation measures required to ensure transport systems function in times of crisis.

This book provides a theoretical basis for understanding the phenomenon of renegotiations in Public Private Partnerships (PPPs). It analyzes the case of transport projects, and provides empirical evidence from a variety of real-world projects. What drives renegotiations? Why are some projects more likely to be renegotiated than others? What are the outcomes? How can we improve the performance of renegotiation processes? These questions form the core of discussion in this book. PPPs are a procurement model for the delivery of infrastructure and public services that have experienced significant growth over the last three decades, particularly in terms of the development of transportation projects. The empirical evidence suggests that most PPP projects are inevitably renegotiated, i.e., the original contract needs to be adapted to new and unforeseen circumstances. The impacts of these changes on the welfare of the respective stakeholders are frequently asymmetric. Most academic research and professional guidelines are focused on PPP contract design and preparation of the procurement process, and very little has been published on the management and, mainly, the process of renegotiating that will – in all likelihood – occur. This book fills this gap in the academic discussion. Several country-based analyses and case studies from Europe and the Americas provide the reader with practical applications of the theory.

This Round Table challenges the standard cost-benefit analysis of transport infrastructure investment projects on the grounds that it ignores wider economic impacts of such projects.