Determinants of Public-Private Partnerships in Infrastructure
IMF Working Papers, April 1, 2006
Source details
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- Determinants of Public-Private Partnerships in Infrastructure
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Bibliographic details
- Authors: Etienne B Yehoue, Mona Hammami, Jean-François Ruhashyankiko
- Published: April 1, 2006
- Series: IMF Working Papers
Summary findings
- PPPs tend to be more common in countries where governments suffer from heavy debt burdens.
- PPPs are more prevalent where aggregate demand and market size are large.
- Macroeconomic stability is essential for PPPs.
- Institutional quality matters: less corruption and effective rule of law are associated with more PPP projects.
- Previous PPP experience in a country is associated with more PPP projects.
- At the industry level, PPP determinants vary depending on:
- the nature of public infrastructure,
- capital intensity,
- technology required.
- Private participation in PPP projects depends on:
- expected marketability,
- the technology required,
- the degree of "impurity" of the goods or services.
Policy-relevant implications
- Strengthen macroeconomic stability to create an environment conducive to PPPs.
- Improve institutional quality—reduce corruption and reinforce rule of law—to increase PPP activity.
- Build and leverage PPP experience to attract further private participation.
- Consider industry-specific design of PPP arrangements reflecting capital intensity, technology needs, and product/service impurity.
Publication and metadata
- Authors: Etienne B Yehoue, Mona Hammami, Jean-François Ruhashyankiko
- Date: April 1, 2006
- Series: Working Paper No. 2006/099
- Issue: 099
- Volume: 2006
- Pages: 39
- Stock No: WPIEA2006099
- ISBN: 9781451863598
- ISSN: 1018-5941
- DOI: ---
- Citation format provided: Etienne B Yehoue, Mona Hammami, and Jean-François Ruhashyankiko. "Determinants of Public-Private Partnerships in Infrastructure", IMF Working Papers 2006, 099 (2006), accessed 9/14/2026
Subjects and keywords
- Subject: Exports, Infrastructure, Public investment and public-private partnerships (PPP), Purchasing power, Purchasing power parity
- Keywords: infrastructure project, PPP arrangement, PPP experience, PPP project, PPPS help, WP
Source: IMF Working Papers landing page for "Determinants of Public-Private Partnerships in Infrastructure."