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Determinants of Public-Private Partnership Implementation in OIC Countries

Siddiq, Muhammad Rizki - ; Kasri, Rahmatina Awaliah - ; Wibowo, Farid Arif - ;

This study examines the Private-Public Partnership (PPP) implementation for financing public infrastructure and its determinants for the case of OIC countries during the period 2015–2019. Using the fixed-effects panel model and considering public resource constraints and market, macroeconomic, institutional and cultural variables as potential factors, it documents that the regulatory quality, political stability, Islamicity Index and inflation variables positively influence the implementation of PPP for financing public infrastructure in the OIC region. Meanwhile, aid is found to negatively affect the PPP implementation. These findings suggest that PPP implementation tends to be higher in countries with good institutions, stable macroeconomic conditions, low public resources, low levels of aid and strong adherence to Islamic values. The results are expected to provide insights for policymakers and private sectors involved in the implementation of PPP in OIC countries.


Ketersediaan

Call NumberLocationAvailable
PSB lt.2 - Karya Akhir (Majalah)1
PenerbitJakarta: Bank Indonesia 2020
EdisiVolume 8, number 2, 2022
SubjekPublic private partnership
OIC countries
ISBN/ISSN2460-6618
KlasifikasiNONE
Deskripsi Fisik340 p.
Info Detail SpesifikJournal of Islamic Monetary Economics and Finance
Other Version/RelatedTidak tersedia versi lain
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  • Determinants of Public-Private Partnership Implementation in OIC Countries

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