Example of Investments in the Formula of Public-Private Partnership Using the Heterodox Perspective

Kociemska, Hanna

doi:10.1007/978-3-030-14753-2_6

Hanna Kociemska⁵

Part of the book series: Advances in African Economic, Social and Political Development ((AAESPD))

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Abstract

This chapter presents a practical model of the deliberations into the adequacy of the proposed heterodox approach in public finance for the implementation of PPP projects. It points to the process of risk management in PPP projects, taking into account the management objectives of various partners, i.e. public and private, conventional and Islamic. The subject of the analysis is a model of a healthcare institution specialising in the provision of highly specialised medical services in the field of cardiac surgery and rehabilitation.

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Notes

1.
www.unicef.org/botswana/stories_17968.html.
2.
www.data.worldbank.org/indicator/SP.POP.TOTL?locations=ZA.
3.
South Africa Heart Association, www.saheart.org/cms/content/54-why-heart-disease-is-on-the-rise-in-south%C2%A0africa.
4.
www.gov.bw/en/Ministries--Authorities/Ministries/MinistryofHealth-MOH/About-MOH/About-MOH/.
5.
www.ub.bw/home/ac/1/fac/23/Faculty-of-Medicine/.
6.
Own data collected during the visit.
7.
www.tradingeconomics.com/botswana/surface-area-sq-km-wb-data.html.
8.
www.moh.gov.bw/ourpriorities.html.
9.
www.gov.bw/en/Ministries--Authorities/Ministries/MinistryofHealth-MOH/The-Masters-Office112/.
10.
Direct interview with a recognised cardiac surgeon who carries out medical procedures around the world and runs cardiac surgery clinics in 2 countries.
11.
Information from the interviews carried out at BITC Botswana.
12.
www.aho.afro.who.int/profiles_information/index.php/Botswana:The_Health_System.
13.
www.ncbi.nlm.nih.gov/pmc/articles/PMC4181967/.
14.
www.moh.gov.pl11.2016. www.aho.afro.who.int/profiles_information/index.php/Botswana:Analytical_summary_-_Health_system_outcomes.
15.
www.worldbank.org/en/country/botswana/overview.
16.
Ibid.
17.
Piotrowski [1].
18.
Cf. Hameed [2].
19.
www.aaofi.com, data from the website accessed on 11th of November 2016.
20.
In Polish conditions, the need to consolidate the financial statements of public entities with the financial statements of companies in which they hold shares is strictly defined by the provisions concerning the obligation to submit consolidated JST financial statements to the Regional Chamber of Auditors [www.bip.lodz.rio.gov.pl/?cid=29].
However, in the example discussed there will be no need for preparing such a report due to the fact that the Polish public entity holds only 8% of the share in SPV covered by the contribution of intangible assets, in this case know-how.

References

Piotrowski D (2015) Ryzyko finansowe inwestycji w sukuk. Annales Universitatis Marie Curie Skolodwska, Lublin, Polonia, vol XLIX, 4, p 473
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Hameed S (2000) The need for Islamic accounting; perceptions of its objectives and characteristics by Malaysian Muslim accountants and accounting academic, Ph.D. thesis, University of Dundee, Chapter 6, p 260
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Wroclaw University of Economics, Wrocław, Poland
Hanna Kociemska

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Hanna Kociemska
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Kociemska, H. (2019). Example of Investments in the Formula of Public-Private Partnership Using the Heterodox Perspective. In: Public–Private Partnership for Sub-Saharan Africa. Advances in African Economic, Social and Political Development. Springer, Cham. https://doi.org/10.1007/978-3-030-14753-2_6

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DOI: https://doi.org/10.1007/978-3-030-14753-2_6
Published: 16 March 2019
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-14752-5
Online ISBN: 978-3-030-14753-2
eBook Packages: Economics and FinanceEconomics and Finance (R0)

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