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The Journal of Structured Finance

The Journal of Structured Finance

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Primary Article

Public-Private Partnership

An Alternative Institutional Model for Implementing the Private Finance Initiative in the Provision of Transport Infrastructure

Amira Mustafa
The Journal of Structured Finance Summer 1999, 5 (2) 64-79; DOI: https://doi.org/10.3905/jsf.1999.320207
Amira Mustafa
With Hirequest Consulting.
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Abstract

This article seeks to identify whether the current model of the private finance initiative (PFI) implementation has been successful and concludes that is has been partially successful but could be improved. It takes a view that enhancing the framework within which the public and private sectors interact and developing a formula that maximizes the best of public and private sector skills could minimize the disparity in institutional objectives and result in more effective implementation. Moreover, addressing the implementation at a sector level as opposed to a project level and defining the roles and responsibilities of each party is an integral par of effective implementation. The article ends with proposing an alternative model for improving the implementation process.

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The Journal of Structured Finance
Vol. 5, Issue 2
Summer 1999
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Public-Private Partnership
Amira Mustafa
The Journal of Structured Finance Jul 1999, 5 (2) 64-79; DOI: 10.3905/jsf.1999.320207

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Public-Private Partnership
Amira Mustafa
The Journal of Structured Finance Jul 1999, 5 (2) 64-79; DOI: 10.3905/jsf.1999.320207
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