This book presents an extensive study on the extant constructs of corruption in infrastructure-related projects and aims to contribute to the determination and elimination of its incidence and prevalence in infrastructure projects.The book conducts a comprehensive examination of the various determining factors of corruption that negatively affect the procurement process and, in the end, result in cost and time overruns. The authors present an in-depth understanding of how the ident...

This book discusses how Public-Private Partnership (PPP) is practiced in developed and developing economies. The book demonstrates how PPP as a concept has grown over the years with many governments particularly from developing economies/countries seeking to enhance infrastructure growth and development through this scheme. Further, the book explores how PPP has become the major infrastructure procurement policy adopted by many governments globally to address the rapid increase in demand f...

This book is committed to provide a holistic view of corruption in the public construction sector, a sector that has been perceived as the most corrupt in the world. Relying on the new findings achieved from a series of qualitative and quantitative studies, this book unveils the specific forms of corruption, the principal causes of corruption, and the prevailing anti-corruption strategies that are used by the current practice. Furthermore, this book provides two metrics that can assess the...

Growing global imperatives to address sustainability concerns have boosted the importance and prominence of green construction projects worldwide. However, project managers may lack the specialist knowledge and/or technical skills to overcome the unique challenges to successfully deliver suitably sustainable green projects. This book aims to address this shortfall by unearthing, refining and synergising the hitherto scattered gems of experiential and theoretical knowledge, into a unified B...

Over the last ten years public private partnerships have become ever more popular worldwide, expanding the body of experience among construction professionals, government agencies, and industry. In these economically challenging times, PPP has emerged as a crucial framework for providing infrastructure, and also to boost construction industry activity, while shielding the taxpayer from some of the cost. Understanding the lessons learnt is essential to ensuring the success of future project...

Shanghai, like the other big cities along China’s coastline, has witnessed extraordinary growth in its economy and population with industrial development and rural-to-urban migration generating extensive urban expansion. Shanghai’s GDP growth rate has been over 10 per cent for more than 15 years. Its population in 2013 was estimated at 23.47 million, which is double its size in 1979. The urban area enlarged by four times from 644 to 2,860 km2 between 1977 and 2010. Such demanding growth an...

Hong Kong is among the richest cities in the world. Yet over the past 15 years, living conditions for the average family have deteriorated despite a robust economy, ample budget surpluses, and record labour productivity. Successive governments have been reluctant to invest in services for the elderly, the disabled, the long-term sick, and the poor, while education has become more elitist. The political system has helped to entrench a mistaken consensus that social spending is a threat to f...

While the rise of Japan in the world economy has been widely chronicled, South Korea has been quietly growing into a major economic force that is even challenging Japan in some industries. This book examines how government in South Korea has worked with selected industries to create companies that compete aggressively in world markets. The author views South Korean growth as an example of "late industrialization," a process in which a nation's industries learn from other innovator nation...

In the United States, we now take our ability to pay with plastic for granted. In other parts of the world, however, the establishment of a "credit-card economy" has not been easy. In countries without a history of economic stability, how can banks decide who should be given a credit card? How do markets convince people to use cards, make their transactions visible to authorities, assume the potential risk of fraud, and pay to use their own money? Why should merchants agree to pay extra if...

Since the global financial crisis of 2008–9, central-level, state-owned enterprises (SOEs) in China have extended their reach into the Chinese economy. Some have interpreted this development as a turning point in Chinese economic development; a decision for state capitalism and a stand against slow but steady marketization. In The Advance of the State in Contemporary China, Sarah Eaton suggests that the shift is a much slower-moving process and that this particular aspect of state sector r...

The ending of the Soviet Union in 1991 had a major political and economic impact on Central Asia. Kyrgyzstan was one of the most severely affected countries, suffering a deeper recession than the other republics. During the first five or six years Kyrgyzstan followed the advice of the International Monetary Fund and was considered a model of both economic and political reform.This book analyses the ability of the newly independent government in Kyrgyzstan to create a realistic nati...

The last three decades have seen the evolution of Public–Private Partnerships (PPPs) and Relationship Contracting (RC) as alternative procurement approaches to traditional methods of delivering public infrastructure. The potential for growth in these new forms of procurement has led to an on-going debate on the nature of requirements, particularly in terms of policy development, encouraging private investment and value for money. A key argument for Governments to procure projects using PPP...