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- Title
Comparing Public-Private Partnership Infrastructure Financing Approach in a Developing and Developed Economy.
- Authors
Adeoye, Olanike Akinwunmi; Islam, Sardar M. N.
- Abstract
This study compares the strength of PPP financing approach in a developed country (United Kingdom) and the limitations in a developing country (Nigeria), the largest economy in Africa by GDP. It observes the missing gap between the practices and successes of both countries with the aim of fostering positive outcomes for PPP in Nigeria. Results from the literature analysis assert the critical success factors in the UK as: transparent procurement, quality private consortium, public support, strong political support, apt risk allocation, etc. These present clues to be adopted by the Nigerian economy in maximizing the PPP approach to infrastructure financing.
- Subjects
NIGERIA; PUBLIC-private sector cooperation; CRITICAL success factor; DEVELOPING countries; PUBLIC support
- Publication
International Journal of Business & Economics, 2019, Vol 4, Issue 1, p33
- ISSN
1543-1614
- Publication type
Article