Benchmarking public private partnership environments: East Asian comparisons

Michael Regan, Jim Smith, Peter Love

Research output: Chapter in Book/Report/Conference proceedingConference contributionResearchpeer-review

Abstract

The Public Private Partnerships (PPP) markets in Australia and the UK are considered to be the most sophisticated in the World and used as a model for benchmarking against other countries. In addition the global financial crisis also meant many PPP financiers became risk averse to certain projects and in particular countries. The environment for major infrastructure projects, particularly in ‘riskier’ countries, has become more difficult. Research conducted by the Economist Intelligence Unit for the Asian Development Bank evaluated PPP policy and programs in a number of countries in the Asia Pacific. The study benchmarks the UK and Australian PPP environments with eleven developing or emerging countries including Bangladesh, China, Indonesia, Pakistan, Philippines, Thailand, Gujarat state in India, Kazakhstan, Mongolia, Papua New Guinea and Vietnam. The comparison was based on indicators developed to provide a sound evaluation of these countries. The indicators include; the legal and regulatory framework, institutional framework, operational maturity, investment climate, financial facilities plus a sub-national adjustment factor. The research methodology and the benchmarking results for each country are summarised.
Original languageEnglish
Title of host publicationProceedings of the Construction, Building and Real Estate Conference
EditorsD. Kashiwagi, K. Sullivan
PublisherArizona State University
Pages1716-1723
Number of pages8
ISBN (Print)9781842198407
Publication statusPublished - 2012
EventConstruction, Building and Real Estate Conference: COBRA 2012 - Las Vegas, Nevada, United States
Duration: 11 Sep 201213 Sep 2012

Conference

ConferenceConstruction, Building and Real Estate Conference
CountryUnited States
CityNevada
Period11/09/1213/09/12

Fingerprint

Asia
Benchmarking
Public-private partnerships
Developing countries
Legal framework
Benchmark
Pakistan
Investment climate
Bangladesh
Papua New Guinea
Global financial crisis
Evaluation
Maturity
Emerging countries
Philippines
Asia-Pacific
Thailand
Factors
India
Institutional framework

Cite this

Regan, M., Smith, J., & Love, P. (2012). Benchmarking public private partnership environments: East Asian comparisons. In D. Kashiwagi, & K. Sullivan (Eds.), Proceedings of the Construction, Building and Real Estate Conference (pp. 1716-1723). Arizona State University.
Regan, Michael ; Smith, Jim ; Love, Peter. / Benchmarking public private partnership environments: East Asian comparisons. Proceedings of the Construction, Building and Real Estate Conference. editor / D. Kashiwagi ; K. Sullivan. Arizona State University, 2012. pp. 1716-1723
@inproceedings{e769d02b61824c578801fa4a6813eeb3,
title = "Benchmarking public private partnership environments: East Asian comparisons",
abstract = "The Public Private Partnerships (PPP) markets in Australia and the UK are considered to be the most sophisticated in the World and used as a model for benchmarking against other countries. In addition the global financial crisis also meant many PPP financiers became risk averse to certain projects and in particular countries. The environment for major infrastructure projects, particularly in ‘riskier’ countries, has become more difficult. Research conducted by the Economist Intelligence Unit for the Asian Development Bank evaluated PPP policy and programs in a number of countries in the Asia Pacific. The study benchmarks the UK and Australian PPP environments with eleven developing or emerging countries including Bangladesh, China, Indonesia, Pakistan, Philippines, Thailand, Gujarat state in India, Kazakhstan, Mongolia, Papua New Guinea and Vietnam. The comparison was based on indicators developed to provide a sound evaluation of these countries. The indicators include; the legal and regulatory framework, institutional framework, operational maturity, investment climate, financial facilities plus a sub-national adjustment factor. The research methodology and the benchmarking results for each country are summarised.",
author = "Michael Regan and Jim Smith and Peter Love",
year = "2012",
language = "English",
isbn = "9781842198407",
pages = "1716--1723",
editor = "D. Kashiwagi and K. Sullivan",
booktitle = "Proceedings of the Construction, Building and Real Estate Conference",
publisher = "Arizona State University",
address = "United States",

}

Regan, M, Smith, J & Love, P 2012, Benchmarking public private partnership environments: East Asian comparisons. in D Kashiwagi & K Sullivan (eds), Proceedings of the Construction, Building and Real Estate Conference. Arizona State University, pp. 1716-1723, Construction, Building and Real Estate Conference, Nevada, United States, 11/09/12.

Benchmarking public private partnership environments: East Asian comparisons. / Regan, Michael; Smith, Jim ; Love, Peter.

Proceedings of the Construction, Building and Real Estate Conference. ed. / D. Kashiwagi; K. Sullivan. Arizona State University, 2012. p. 1716-1723.

Research output: Chapter in Book/Report/Conference proceedingConference contributionResearchpeer-review

TY - GEN

T1 - Benchmarking public private partnership environments: East Asian comparisons

AU - Regan, Michael

AU - Smith, Jim

AU - Love, Peter

PY - 2012

Y1 - 2012

N2 - The Public Private Partnerships (PPP) markets in Australia and the UK are considered to be the most sophisticated in the World and used as a model for benchmarking against other countries. In addition the global financial crisis also meant many PPP financiers became risk averse to certain projects and in particular countries. The environment for major infrastructure projects, particularly in ‘riskier’ countries, has become more difficult. Research conducted by the Economist Intelligence Unit for the Asian Development Bank evaluated PPP policy and programs in a number of countries in the Asia Pacific. The study benchmarks the UK and Australian PPP environments with eleven developing or emerging countries including Bangladesh, China, Indonesia, Pakistan, Philippines, Thailand, Gujarat state in India, Kazakhstan, Mongolia, Papua New Guinea and Vietnam. The comparison was based on indicators developed to provide a sound evaluation of these countries. The indicators include; the legal and regulatory framework, institutional framework, operational maturity, investment climate, financial facilities plus a sub-national adjustment factor. The research methodology and the benchmarking results for each country are summarised.

AB - The Public Private Partnerships (PPP) markets in Australia and the UK are considered to be the most sophisticated in the World and used as a model for benchmarking against other countries. In addition the global financial crisis also meant many PPP financiers became risk averse to certain projects and in particular countries. The environment for major infrastructure projects, particularly in ‘riskier’ countries, has become more difficult. Research conducted by the Economist Intelligence Unit for the Asian Development Bank evaluated PPP policy and programs in a number of countries in the Asia Pacific. The study benchmarks the UK and Australian PPP environments with eleven developing or emerging countries including Bangladesh, China, Indonesia, Pakistan, Philippines, Thailand, Gujarat state in India, Kazakhstan, Mongolia, Papua New Guinea and Vietnam. The comparison was based on indicators developed to provide a sound evaluation of these countries. The indicators include; the legal and regulatory framework, institutional framework, operational maturity, investment climate, financial facilities plus a sub-national adjustment factor. The research methodology and the benchmarking results for each country are summarised.

M3 - Conference contribution

SN - 9781842198407

SP - 1716

EP - 1723

BT - Proceedings of the Construction, Building and Real Estate Conference

A2 - Kashiwagi, D.

A2 - Sullivan, K.

PB - Arizona State University

ER -

Regan M, Smith J, Love P. Benchmarking public private partnership environments: East Asian comparisons. In Kashiwagi D, Sullivan K, editors, Proceedings of the Construction, Building and Real Estate Conference. Arizona State University. 2012. p. 1716-1723