Title Page
Abstract
Contents
1. Introduction 10
1.1. Background of the Study 10
1.2. Research Questions of the Study 13
1.3. Research Scope and Organization 16
2. Infrastructure Development in Developing Countries: Expected Outcomes, Demands and Methods 19
2.1. Expected Outcomes 19
2.2. Infrastructure Demand 22
2.3. Infrastructure Development Methods 28
2.3.1. Government Finance 28
2.3.2. Public-Private Partnership (PPP) 31
2.3.3. Comparisons between Government Finance and PPP 33
3. PPP Adoption and Constraints 40
3.1. The Origin of PPP 40
3.2. Adoption 42
3.3. Framework 49
3.4. Business Model 53
3.5. Constraints 57
3.5.1. Governance 60
3.5.2. Institutional Measures 64
3.5.3. Financing 67
4. Role of MDB in promoting PPP 73
4.1. Overview of MDB 73
4.2. MDB in relation to PPP 75
4.3. Cooperative Scheme with MDB promoting PPP 77
4.3.1. Procedure Arrangement 77
4.3.2. Contract Management 81
4.3.3. Financing Support 85
4.4. Issues and Challenges 90
5. Conclusion 95
References 98
국문초록 103
Table 2.1. Annual Investment Required by Infrastructure Sectors (2016~2030) 24
Table 2.2. Infrastructure Investment Spending by Region 25
Table 2.3. Annual Investment Required by Regions of Asia (2016~2030) 26
Table 2.4. Annual Investment Required by Infrastructure Sectors in Asia (2016~2030) 27
Table 2.5. Net ODA Amount of OECD DAC Countries 30
Table 2.6. Comparison between PPP and Public Procurement 34
Table 2.7. PPP Performance Comparison with TIP Concerning Time and Cost 36
Table 2.8. Appealing Points of TIP and PPP 37
Table 3.1. Legal Background of Bangladesh PPP Governance 62
Table 4.1. The List of Representative MDBs 74
Figure 2.1. Expected Outcome of Infrastructure Development 21
Figure 2.2. The Ratio of Infrastructure Investment to GDP Worldwide (1992~2013) 22
Figure 2.3. Investments in PPP Infrastructure Projects (1991~2015) 32
Figure 3.1. Infrastructure Development Issues Tackled by PPP 43
Figure 3.2. Developing Countries using PPP 45
Figure 3.3. Positive Outcome of Korea's PPP Implementation 47
Figure 3.4. PPP Business Structure 52
Figure 3.5. Comparison between BOT and BTL 54
Figure 3.6. Constraint to PPP Implementation 60
Figure 3.7. Karian Water Supply Project Structure 67
Figure 4.1. How to Start a PPP Scheme 78
Figure 4.2. Procurement Process of Korea's BTO Case 80
Figure 4.3. MDB's Support by Financial Instruments (2010-2014) 86
Figure 4.4. MDB's Financial Instruments by Country Income Level (2010-2014) 87
Figure 4.5. Almaty Road Project Structure 89
Figure 4.6. U.S. Voting Power in MDBs 91