nep-ppm New Economics Papers
on Project, Program and Portfolio Management
Issue of 2019‒12‒23
six papers chosen by
Arvi Kuura
Tartu Ülikool

  1. Pre-Feasibility Study of Sarawak-West Kalimantan Cross-Border Value Chains By Lord, Montague; Chang, Susan
  2. The Performance and Challenges of Public-Private Partnership (PPP) Projects in Bangladesh By Abu Rashed,; Alam, Md. Mahmudul; Faisal, Fahim
  3. Considerable Issues for Sustainable Public-Private Partnership (PPP) Project By Abu Rashed,; Alam, Md. Mahmudul; bin Toriman, Mohd Ekhwan
  4. Initiatives and Challenges of Agricultural Crop Sector in East Coast Economic Region (ECER) Development Projects in Malaysia By Alam, Md. Mahmudul; Morshed, Golam; Siwar, Chamhuri; Murad, Wahid
  5. Implementing Smart Specialisation: An analysis of practices across Europe By Caroline Cohen
  6. Decentralization: An Incomplete Ambition By Schneider, Nathan

  1. By: Lord, Montague; Chang, Susan
    Abstract: This pre-feasibility study on Sarawak-West Kalimantan cross-border value chains covers six topics: (1) It analyzes existing trade patterns and competitive advantages of Sarawak and West Kalimantan, as well as government objectives in promoting cross-border commercial activities. (2) It proposes a border economic area spread over a wide geographic area that covers a network of interrelated activities and provides a fully integrated approach to the border economic area design and implementation. (3) It identifies potential cross-border value chains that can serve as high-profile projects for the border economic area. (4) It determines the preference orderings of project features by key stakeholders such as government and development partners, commercial entities, and the local population. (5) It estimates the net monetary returns for the project portfolio, a cost-effectiveness analysis of the stand-alone capacity-building projects, ranks stakeholders’ non-monetary preferences, and incorporates the the preference ranking order into the project portfolio’s net monetary returns. (6) It provides an overall program appraisal for the set of projects, and, based on pre-feasibility results, it lays out a plan for implementation of the border area development program.
    Keywords: Global value chains; Sarawak; West Kalimantan; border areas; cross-border value chains; minimizing distance
    JEL: F1 F14 L6 L8
    Date: 2019–11
  2. By: Abu Rashed,; Alam, Md. Mahmudul (Universiti Utara Malaysia); Faisal, Fahim
    Abstract: Like many other countries, Public-Private Partnership (PPP) has been appreciated as an important way out for infrastructure development in Bangladesh. Though there have been recent successes in institutional and regulatory framework, other critical issues like transaction expertise, PPP financing facilities are yet to be boosted in the country. There also needs to have a strong incentive for the executing agencies that will bring more bankable PPP projects for the private sector. So far, around 40 private sector infrastructure projects have been completed in Bangladesh with total investment value of US$ 2.9339 billion, and around 40 projects are in the national pipeline. Many PPP projects that were awarded earlier are not performing well due to weaknesses in transaction process. Under this circumstance, to successfully implement PPP projects it is essential to evaluate the effectiveness of the existing PPP project framework in Bangladesh. This paper analyze the selected PPP projects in Bangladesh to draw lesson in the perspectives of the institutional, regulatory, project financing, and other policy relevant issues. The paper specially focuses on up-front project development constrains and corresponding solutions for creating a greater PPP enable environment in the country.
    Date: 2019–02–24
  3. By: Abu Rashed,; Alam, Md. Mahmudul (Universiti Utara Malaysia); bin Toriman, Mohd Ekhwan
    Abstract: The implications of Public Private Partnership (PPP) concept has acknowledged utmost attention from different governments around the world especially in terms of service quality, efficiencies in procurement and risk management, extent of investment undertaken by private sponsor and the ability to generate managerial and technical capabilities. PPPs are seen as a way forward for creating a sustainable atmosphere in terms of economic, social and environmental considerations. However, the variations of PPP schemes have their own set of advantage and limitations over one to another vis-a-vis typical public sector procurement. While adopting and promoting PPPs in a country by the government and involving private sector for a particular PPP deal, specific issues and factors associated with the project must be considered for ensuring sustainability of the project as well as the interest of all stakeholders, i.e, government, private sector and the users. This study focuses on these factors that will help the involved parties to ensure the sustainability of the PPP projects and a fruitful win win contract.
    Date: 2019–02–23
  4. By: Alam, Md. Mahmudul (Universiti Utara Malaysia); Morshed, Golam; Siwar, Chamhuri; Murad, Wahid
    Abstract: The share of agriculture to GDP is continuously declining in Malaysia, but agricultural sector is very crucial to ensure food security, employment generation, socioeconomic improvement, economic growth, poverty reduction, and overall achievement of vision 2020. The East Coast Economic Region (ECER) represents 34% of total national agricultural area, which has a good potentiality to improve productivity and reduce high poverty intensity in this area. Realizing the importance, Malaysian government has taken a large development project in the ECER region in 2006, but much is not known about the project due to limited number of study and unavailability of official performance report of the project. Hence this study is an attempt to explore one of the niche areas, which is agricultural crops sector. The major initiatives of agricultural crops sector include establishing three agro valleys as major vegetable and short-term crop growing areas. These involve organized modern farming methods in a sustainable manner to improve efficiency and productivity of agricultural production of paddy, vegetables, and fruits. The prospects of the project are also very much anticipative, because the size of domestic market has grown in recent years. But there are lots of challenges to meet the target of the project. Institutional supports, physical infrastructural supports like transportations, irrigations, and preservation facilities are not adequate in this area. To meet the target and to ensure the success of the projects, some more initiatives for improvements and proper management are also necessary. These include, for example, farmer‟s cooperative or institutional involvement for marketing the crops, financial supports and subsidies, cooperation among agents and departments, training to avoid environment degradations, and adaptation techniques to cope with adverse effects of climatic changes, etc. It is expected that the relevant government authority and agencies, especially the ECER project authority, will be highly benefited from the findings of the study
    Date: 2019–02–23
  5. By: Caroline Cohen (European Commission - JRC)
    Abstract: This report seeks to examine how the Smart Specialisation approach was put into practice across European regions and Member States. It builds upon 35 implementation cases, outlining three main types of challenges that policy-makers are seeking to address through the implementation of their Smart Specialisation Strategies: 1) the involvement of stakeholders in a continuous dialogue to drive the territorial innovation process; 2) the development of efficient innovation policy instruments to support the structural transformation of the economy at regional and/or national level; 3) the pursuit of the internationalisation of the regional/national economy as well as the positioning in European value chains. For each key challenges identified, the report sheds light on the success-conducive factors and tools that have been used by policy-makers to manage the Smart Specialisation policy process, as well as the recurring types of outcomes that were achieved thanks to the implementation of Smart Specialisation related policies. The study lays out a broad range of research and innovation support systems that have been developed and that have driven a) a wider implication of stakeholders in innovation projects; b) the articulation and better functioning of innovation ecosystem; c) the reinforcement of transnational cooperation in S3 priority domains, although joint investment is still a weak point at this stage.
    Keywords: Smart Specialisation, Territorial Development, Innovation Policies, Stakeholders involvement
    Date: 2019–12
  6. By: Schneider, Nathan (University of Colorado Boulder)
    Abstract: Decentralization is a term widely used in a variety of contexts, particularly in political science and discourses surrounding the Internet. It is popular today among advocates of blockchain technology. While frequently employed as if it were a technical term, decentralization more reliably appears to operate as a rhetorical strategy that directs attention toward some aspects of a proposed social order and away from others. It is called for far more than it is theorized or consistently defined. This non-specificity has served to draw diverse participants into common political and technological projects. Yet even the most apparently decentralized systems have shown the capacity to produce economically and structurally centralized outcomes. The rhetoric of decentralization thus obscures other aspects of the re-ordering it claims to describe. It steers attention from where concentrations of power are operating, deferring worthwhile debate about how such power should operate. For decentralization to be a reliable concept in formulating future social arrangements and related technologies, it should come with high standards of specificity. It also cannot substitute for anticipating centralization with appropriate mechanisms of accountability.
    Date: 2019–04–17

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