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Research On Operation Mode And Risk Control Of Government And Social Capital Cooperation(PPP)

Posted on:2018-11-28Degree:MasterType:Thesis
Country:ChinaCandidate:Y Q WangFull Text:PDF
GTID:2359330518973031Subject:Corporate Finance
Abstract/Summary:PDF Full Text Request
The cooperation between government and social capital(PPP)mode,although the history of the rise and development of foreign long,but domestically,as a new model of public-private partnership,in recent years by the local government to use in public infrastructure construction,on the one hand to solve the problem of shortage of financial funds in public sector,the construction and management of low efficiency,on the other hand,through the construction of private sector participation in public infrastructure and establish a good corporate image and get some profit.In the current government debt is strictly limited under the premise of the domestic government at all levels of the number of PPP projects increased year by year,the need for more private sector to participate in public infrastructure construction,hope that through the PPP model to achieve public and private win-win situation.However,in the PPP model has just started in China,the lack of experience and theoretical research,problem solving and risk management is essential for the successful implementation of PPP projects.Therefore,it is of great theoretical and practical significance to further study the PPP operation mode and risk prevention and control under the new situation of all levels of government advocacy and actively push the PPP project financing mode.With the implementation of the construction of China town and "The Belt and Road" strategy,the government departments at all levels to provide the number of public goods will increase year by year,public-private partnership(PPP)in the infrastructure construction of our country will become more prominent.PPP is one of the ways in which government departments work with the private sector to provide public goods,while gaining benefits in the private sector while achieving the functions of government departments.PPP is not a simple financing model,it also has the advantage of using new technology and mechanism innovation.In fact,China's PPP project is can be found everywhere.However,perhaps for the initial reason and development promotion,the social from all walks of life are the advantages of the PPP model are described,and to recognize the existence of risk control in the operation process is insufficient,in the present circumstances,this understanding is likely to bring many adverse consequences.Observation of the phenomenon,the current PPP model in the development of China,the successful experience is certainly a lot,but there are some cases of failure.Therefore,the community and the academic circles have begun to study the risk and control of the PPP project,but the current research of PPP mode in our country is focusing on the introduction of its mode of operation,system analysis and quantitative research is still a lack of risk exists in the operation process.This paper adopts literature research,comparative research,qualitative analysis,case analysis and other methods,on the basis of the definition of the PPP operation mode,connotation,risk,and so on,the theoretical basis of the PPP operation mode is carried out,furthermore,the possible risk identification,classification,evaluation and sharing of PPP project are analyzed,combined with the current situation of PPP project in China,the development trend and the risk type of PPP model in China are systematically investigated and analyzed and to improve the corresponding laws and regulations,establish a reasonable risk sharing mechanism,strengthen risk management,PPP talent construction and other issues,try to put forward some risk prevention and control strategies.
Keywords/Search Tags:PPP mode, Risk Analysis, Public infrastructure, Mode of operation
PDF Full Text Request
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