Developing Public-Private Partnership Initiatives in the Middle East and North Africa From Public Debt to Maximizing Finance for Development

This paper argues for a novel approach to financing infrastructure needs in Arab countries. It first describes the context of rising public debt in the region, contrasting it with the vast infrastructure needs. It then discusses the challenges in meeting these needs with traditional financing. The p...

Full description

Bibliographic Details
Main Author: Arezki, Rabah
Other Authors: Belhaj, Ferid
Format: eBook
Language:English
Published: Washington, D.C The World Bank 2019
Series:World Bank E-Library Archive
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
LEADER 01501nmm a2200241 u 4500
001 EB002109348
003 EBX01000000000000001249438
005 00000000000000.0
007 cr|||||||||||||||||||||
008 221013 ||| eng
100 1 |a Arezki, Rabah 
245 0 0 |a Developing Public-Private Partnership Initiatives in the Middle East and North Africa  |h Elektronische Ressource  |b From Public Debt to Maximizing Finance for Development  |c Rabah Arezki 
260 |a Washington, D.C  |b The World Bank  |c 2019 
300 |a 17 pages 
700 1 |a Belhaj, Ferid 
700 1 |a Arezki, Rabah 
041 0 7 |a eng  |2 ISO 639-2 
989 |b WOBA  |a World Bank E-Library Archive 
490 0 |a World Bank E-Library Archive 
028 5 0 |a 10.1596/1813-9450-8863 
856 4 0 |u http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-8863  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a This paper argues for a novel approach to financing infrastructure needs in Arab countries. It first describes the context of rising public debt in the region, contrasting it with the vast infrastructure needs. It then discusses the challenges in meeting these needs with traditional financing. The paper then makes the case for maximizing finance for development, by using public-private partnerships, and presents a few successful examples in Arab countries. Finally, the paper explores the way forward and concludes on the need for strong state capacity and integrity to promote the maximizing finance for development approach