The Future of PPPs in the Western Balkans

52 Pages Posted: 23 Feb 2023

See all articles by Jan Kees Martijn

Jan Kees Martijn

International Monetary Fund (IMF)

Yan Sun

International Monetary Fund (IMF)

Armine Khachatryan

International Monetary Fund (IMF)

William Lindquist

International Monetary Fund (IMF)

Yen Mooi

International Monetary Fund (IMF)

Ezgi O. Ozturk

International Monetary Fund (IMF)

Hoda Selim

International Monetary Fund (IMF)

Abstract

Public-Private Partnerships (PPPs) are increasingly an important vehicle for several Western Balkan countries to increase investment to reduce their infrastructure gaps. While there are benefits to well-designed and implemented PPPs, they also carry a potential for large fiscal risks and increased costs if not managed well. Countries with successful PPP programs typically benefit from a clear and well-designed PPP governance framework, which covers all stages of the PPP life cycle. Western Balkan countries need to address gaps in their PPP governance frameworks to fully reap the potential benefits from PPPs.

Keywords: Infrastructure, Public-private partnerships, Western Balkans

Suggested Citation

Martijn, Jan Kees and Sun, Yan and Khachatryan, Armine and Lindquist, William and Mooi, Yen and Ozturk, Ezgi Ozgul and Selim, Hoda, The Future of PPPs in the Western Balkans. IMF Working Paper No. 2023/031, Available at SSRN: https://ssrn.com/abstract=4366675 or http://dx.doi.org/10.5089/9798400233951.001

Jan Kees Martijn (Contact Author)

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States

Yan Sun

International Monetary Fund (IMF)

700 19th Street, N.W.
Washington, DC 20431
United States

Armine Khachatryan

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

William Lindquist

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

Yen Mooi

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

Ezgi Ozgul Ozturk

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

Hoda Selim

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
40
Abstract Views
147
PlumX Metrics