Encouraged by the Sustainable Development Goals and the Financing for Development action agenda, governments around the world are turning to public-private partnerships (PPPs) in efforts to achieve a number of objectives, including the construction, operation, and management of public infrastructure, management and use of natural resources, and provision of public services. While PPPs may be a useful way to inject private capital into development objectives, experience to date demonstrates that not all such PPPs produce their anticipated benefits. Investment is often lower than anticipated and complications arise during implementation where, for example, the costs and benefits of projects are not adequately assessed or allocated, risks among parties are sub-optimally divided, and the procedures for addressing and resolving disputes have not been designed in a sufficiently transparent and effective manner.
Recognizing these challenges, CCSI evaluated how international legal frameworks governing foreign investment might affect the use and outcomes of PPPs.
Following is our relevant work:
