Public Private Partnership in the Philippines Essay

Methodology The researcher used the historical research method that provided information on the value of Public-Private Partnership in Philippine Infrastructure Construction. The data provides an overview on how valuable, whether it be for the benefit or detriment of the country, PPP projects are in the socio-economic paradigm. The gathered data were from relevant books, research papers, government data, and thru papers released by relevant parties. What is Public–Private Partnership? Public–private partnership (PPP) describes a government service or private business venture which is funded and operated through a partnership of government and one or more private sector companies. These schemes are sometimes referred to as PPP, P3 or P3. 1 1 http://en.wikipedia.org/wiki/Public%E2%80%93private_partnership 1 http://en.wikipedia.org/wiki/Public%E2%80%93private_partnership One of the possible reasons why PPP is the format as to how the Philippine government is conducting most of its high budgeted infrastructure projects is clearly stated by Ferreira and Khatami â€Å"The private sector is playing an increasingly crucial role in the financing and provision of services that were traditionally the domain of the public sector. One of the key reasons is that governments are unable to cope with the ever-increasing demands on their budgets. Most infrastructure expenditures in developing countries have been funded directly from fiscal budgets but several factors such as macroeconomic instability and growing investment requirements have shown that public financing is volatile and, in many countries, rarely meet crucial infrastructure expenditure requirements in a timely and adequate manner.† PPP involves a contract between a public sector authority and a private party, in which the private party provides a public service or project and assumes substantial financial, technical and operational risk in the project. In some types of PPP, the cost of using the service is borne exclusively by the users of the service and not by the taxpayer. In other types (notably the private finance initiative), capital investment is made by the private sector on the strength of a contract with government to provide agreed services and the cost of providing the service is borne wholly or in part by the government. Government contributions to a PPP may also be in kind (notably the transfer of existing assets). In projects that are aimed at creating public goods like in the infrastructure sector, the government may provide a capital subsidy in the form of a one-time grant, so as to make it more attractive to the private investors. In some other cases, the government may support the project by providing revenue subsidies, including tax breaks or by providing guaranteed annual revenues for a fixed period. 2 2 http://en.wikipedia.org/wiki/Public%E2%80%93private_partnership 2 http://en.wikipedia.org/wiki/Public%E2%80%93private_partnership PPP in the Philippines The Philippines has a long history of public-private partnership (PPP) initiatives, which serve as a rich basis for future investments. As of now it is a priority of the Benigno Aquino III Administration probably due to its perceived socio economic benefits not only in the usual infrastructure projects like roads, expressways, bridges, transportation terminals etc., it is also going after sectors like information and communications, healthcare, etc. One of the forefront departments involved in Infrastructure development and PPPs is the Department of Public Works and Highways. As Infrastructures are means for our country to regain and sustain high economic growth, improve the social living standards of the people and remove the bottlenecks to international commerce and investment. Public-Private Partnership (PPP) is seen as â€Å"approach to invest resources for adequate road infrastructure. The Government has fewer resources to invest on Expressways. DPWH will undertake the reforms needed to create a more conducive environment for private business and help generate many more bankable projects.3† DPWH PROJECTS FOR IMPLEMENTATION IN 2011 1. NAIA Expressway (Phase II) 2. NLEx-SLEx Link Expressway (Unsolicited Proposal) 3. 3 Department of Public Works and Highways, PPP Projects 3 Department of Public Works and Highways, PPP Projects Daang Hari – SLEx Link | There were 10 PPPs announced for bidding in 2010, 4 were airport projects. The PPPs included: * the Cavite-Laguna Expressway project, * NAIA Expressway II, * LRT 2 East Extension project’ * Privatization of LRT-1 O&M, * Privatization of MRT-3 O&M, * LRT 1 Cavite Extension project, * Bohol Airport, * Puerto Princesa Airport, * New Legaspi (Daraga) airport, and * Privatization of O&M of Laguindingan airport. But some of these projects were shelved because the government wanted to be prudent about the structure and rules under which these would be bid out to private investors. Feasibility studies also took a lot of time. 4 4 Why the Initial 10 PPP’s were designed to fail by AYA LOWE 4 Why the Initial 10 PPP’s were designed to fail by AYA LOWE Rene Santiago, a transportation consultant said that opportunity losses due to delays in the PPPs are mounting. For the LRT-1 Cavite extension alone, he estimated the loss at P80 billion in the last 10 years. Santiago also estimated the losses for 2011 to 2013 to total P25 billion in economic costs. The value of the economic benefit loss of the LRT-2 east extension, which would not be completed until 2016, according to Santiago, is already P5.4 billion, more than half the cost of the project itself, which is P9 billion. According to Santiago, Manila was first among ASEAN countries to set up an urban railway — the LRT-1 built in the 1980s. â€Å"Many of ASEAN countries have now overtaken Manila,† he said, however.â€Å" From now until 2020, expect the Philippines to lag behind other countries in terms of railway projects,† he said. Based on the researched data Public Private partnership for infrastructures benefits are as follows: * It could increase and give greater infrastructure solutions due to private companies having more resources for research and development and use of innovative technology. * It will offer faster project completion and reduced delays because it skips most of the government red tape present in normal construction and funding is internal to the private sector so there are no projected delays due to budget release. * Its return of investment (ROI) is greater when compare to traditional methods, due to innovative design and financing approaches because of the experience of the private sector in marketing. * Risks are weighted from initial conceptual stages to determine the feasibility of a certain project * The operational and project execution risk is transferred totally to the private sector, leaving the public component on a win-win situation * It is a concept where early completion of the infrastructure is expected under expected budget, reducing the claims and change order process due to it being similar to a developers scenario. * It allows government funds to be re-directed to other important socio-economic areas because funding of projects are done by the private sector. * Reduces government budget and budget deficits, because the government is virtually getting an infrastructure for free. * Public Private partnership allows a reduce tax payment from users similar to the subsidies of the government in LRT, MRT. * Allows the government to direct the expected function of the project in accordance to their own interests But not everything is good about PPP, listed are some of the determined drawbacks: * PPPs have risks involved, and the government will the pay the price to transfer those risks to the private sector, risks like bankruptcy, possible failure of the project during operation. * Certain situations can affect the purity of the process due to specialized areas being improved, reducing the number of contractors available to perform the requested projects wherein sometimes monopoly of contracts happen. * Profits of the projects can vary depending on the assumed risk, competitive level, complexity and volume of the project being performed * Government representative must be highly specialized personnel and contracting experts mostly people from concerned agencies like DOT and DPWH have to have these kind highly trained personnel. CONCLUSION Based on the data gathered the proponent of the study has come to the following conclusion, the benefits of Public Private Partnership further outweighs its detriments as some of the drawbacks can be easily averted through proper project planning and control and preparation. For PPP to be successful, the government and the private sectors involved must do it in with careful urgency. The Philippines is a developing country as such progress and infrastructures needed to elevate our status would be beneficial if achieved in the shortest amount of time as possible, but these projects, if without ample considerations, may initially look promising but in the end may cause a lot of problems, and instead of helping become one of those elements that keep slowing the country down.

Giuseppe Parini essays

Giuseppe Parini essays Giuseppe Parini nato a Bosisio presso Milano, nel 1729, appare nella seconda met del 700 non solo come il rinnovatore della poesia italiana. Ebbe un atteggiamento problematico nei confronti dellIlluminismo francese (Voltaire e Rousseau). ...quando ebbe notizia di ci che accadeva nella violenta Rivoluzione francese, gett moltacqua sul fuoco. Ne respinse le posizioni antireligiose ed edonistiche; credendo nella religione come principio di ordine civile e rifiutando le maniere violente. Credette nella parit e uguaglianza degli uomini e nella necessit di riconoscere ad ogni individio, a prescindere dalla classe sociale, una pari dignit umana. A detta del De Santis, il magior critico dell800, Parini luomo della nostra letteratura, colui che ha ridato dignit alla parola, caduta nel cattivo gusto nellarte barocca prima e dal melodrama dopo. Parini intese la letteratura e larte quale supreme magistero educativo, in grado di migliorare la societ Si impegn a diffondere con le sue poesie una moderata razionalit in tutta la vita sociale, cercando di rimuovere I pregiudizi e le prepotenze che deformano I reali rapporti fra uomini e a far sviluppare le conoscenze pratiche capaci di renderli pià ¹ felici. Parini critic la classe aristocratica sul piano economico perch spese le ricchezze che derivarono dal lavoro altrui. Il loro ozio perch non si dedicarono allo studio ed anche nel piano civile perch non cercarono di farsi amare dal pubblico. Ma ci non significa chegli abbia voluto un annientamento dalla nobilit, tuttaltro, egli volle semplicemente un cambio di rotta di certi nobili, che utilizzarono la loro superbia per far valere la loro posizione sociale. La nobilt non dovrebbe essere eliminata ma dovrebbe p ...

The Code of Justinian (Codex Justinianus)

The Code of Justinian (Codex Justinianus) The Code of Justinian (in Latin, Codex Justinianus) is a substantial collection of laws compiled under the sponsorship of Justinian I, ruler of the Byzantine Empire. Although the laws passed during Justinians reign would be included, the Codex was not a completely new legal code, but an aggregation of existing laws, portions of the historic opinions of great Roman legal experts, and an outline of law in general. Work began on the Code shortly after Justinian took the throne in 527. While much of it was completed by the mid-530s, because the Code included new laws, parts of it were regularly revised to include those new laws, up until 565. There were four books that comprised the Code: Codex Constitutionum, the Digesta, the Institutiones and the Novellae Constitutiones Post Codicem. The Codex Constitutionum The Codex Constitutionum was the first book to be compiled. In the first few months of Justinians reign, he appointed a commission of ten jurists to review all the laws, rulings and decrees issued by the emperors. They reconciled contradictions, weeded out obsolete laws, and adapted archaic laws to their contemporary circumstances. In 529 the results of their efforts were published in 10 volumes and disseminated throughout the empire. All imperial laws not contained in the Codex Constitutionum were repealed. In 534 a revised codex was issued that incorporated the legislation Justinian had passed in the first seven years of his reign. This Codex Repetitae Praelectionis was comprised of 12 volumes. The  Digesta The Digesta (also known as the Pandectae) was begun in 530 under the direction of Tribonian, an esteemed jurist appointed by the emperor. Tribonian created a commission of 16 attorneys who combed through the writings of every recognized legal expert in imperial history. They culled whatever they though was of legal value and selected one extract (and occasionally two) on each legal point. They then combined them into an immense collection of 50 volumes, subdivided into segments according to subject. The resulting work was published in 533. Any juridical statement that wasnt included in the Digesta was not considered binding, and in future it would no longer be a valid basis for legal citation. The  Institutiones When Tribonian (along with his commission) had finished the Digesta, he turned his attention to the Institutiones. Pulled together and published in about a year, the Institutiones was a basic textbook for beginning law students. It was based on earlier texts, including some by the great Roman jurist Gaius, and provided a general outline of legal institutions. The  Novellae Constitutiones Post Codicem After the revised Codex was published in 534, the last publication, the Novellae Constitutiones Post Codicem was issued. Known simply as the Novels in English, this publication was a collection of the new laws the emperor had issued himself. It was reissued regularly until Justinians death. With the exception of the Novels, which were almost all written in Greek, the Code of Justinian was published in Latin. The Novels also had Latin translations for the western provinces of the empire. The Code of Justinian would be highly influential through much of the Middle Ages, not only with the Emperors of Eastern Rome, but with the rest of Europe.   Resources and Further Reading Grapel, William.  The Institutes of Justinian: with the Novel as to Successions. Lawbook Exchange, Ltd., 2010.Mears, T. Lambert, et al.  Analysis of M. Ortolans Institutes of Justinian, Including the History and Generalization of Roman Law. Lawbook Exchange, 2008.

How A Report Writing Course Can Tame Big Data

How A Report Writing Course Can Tame Big Data Once upon a time, there was a warning was that big brother could be watching. Well, today big data is doing his job. Big data is everywhere all the time. Gartner, the information research technology and advisory company posits: Big data is high-volume, high-velocity, high-variety information assets that demand cost-effective, innovative forms of information processing for enhanced insight and decision making. Wikopedia pipes in with: data sets so large that traditional data processing applications are inadequate. If computers need help making sense of big data, pity the person charged with writing a report summarizing the results. Big data is creating a culture in which businessand IT join forces to realize value from data. Companies make decisions based on big data but first it has to be visualized and translated into a report that can communicate the results to key decision makers and ensure they understand it. Communicating Big Data in a Business Report Since reports are one of the most important forms of written communication in the business world, the key is to find someone who both understands the brave new world of big data and also has a knack for the type of clear concise writing a report calls for. However raw talent is not enough. Skills needed for report writing, like the ability to differentiate the essential from non-essential, organizational judgment, and clarity of communication, are acquired more often than inherited, it's a good ideal that the person charged with the task first attend a report writing course. Basic Insights Language and layout are important if a report is to be accurate and understandable. No matter whether it is a scientific report, financial report, research or medical, there there are a few basic insights of good writing to keep in mind. A well-written report..... anticipates the readers' questions. In order to accomplish this, the writer should periodically review what he is writing and attempt to see it from the point of view of a reader, especially one skeptical about the world of big data. is like a good teacher. It strives to explain the facts is like math. It has logic and structure. It takes a pile of facts and assembles them into a clear accessible, understandable structure. is simple. Simple is not to be confused with simplistic. Big data is complicated. A skilled report writer knows how to deconstruct it and make it comprehensible. avoids jargon. The world of big data is full of its own language. A good report uses accessible language. A Few Well Put Words of Advice These tenets can be applied to any type of writing, but as with any written undertaking, preparation is the key. In the case of big data, it involves sifting through the facts. For a few words of advice on this who better to look to than Albert Einstein ? "Not everything that can be counted counts, and not everything that counts can be counted." - Albert Einstein While all data is important, only essential data needs to be included. Writing a report calls for self-editing, especially when dealing with data. It is easy to become overwhelmed by the amount, but understanding what's important to the business can help decide what to include and what to leave out. "If you can't explain it simply, you don't understand it well enough." - Albert Einstein No matter how well the report writer understands the findings, he is essentially keeping them to himself if he can not communicate them to those reading the report. If they are to act on his insights, he has to simplify the message so that it resonates with them. Since today's business world feeds on information, report writing is an essential and marketable skill. To learn about how to write the type of reports that can further your career, contact us for information about our report writing courses. Or, download the report writing course outline.

Significance of a Salesperson to Push Products Essay

Significance of a Salesperson to Push Products - Essay Example From this paper it is clear that salespeople cater to overt the needs the needs of the buyers. This is because they also have the personal need and want to make a sale not just for cash, but a proper ego which is improved by success whilst somewhat weakened even though motivated and not shattered by failure. Salespeople also have the capability of catering to learning and social connectedness needs, development needs, and long-term problem solving, and as a consequence enhancing consumer well being such as a salesperson showing the client how to use a mobile phone. As the study highlights Johnson and Wilson argued that consumer loyalty, especially customer satisfaction or buying usually relies on delivering wellbeing, performance differences between the salespeople with knowledge or a learning on developmental goal orientation and salespersons with a proving or performance goal orientation. It has been shown that salespersons with a learning orientation perform better. Salespeople build better relationships with their industries and consumers by going beyond their stated needs. Salesperson through good relations can secure a supply contract for their firm’s products. The relationship between management skills are crucial for selling success than closing skills implying that relationship-oriented salesperson are more likely to be better at determining underlying, non-hedonistic needs. According to Brock, salespeople assist customers to think differently about their businesses, to discover opportunities to enhance operations, quality, cust omer satisfaction and profitability, to discover new opportunities, and lastly, reduce risk.  

Critically assess your placement's view of the doctrine of God to Essay

Critically assess your placement's view of the doctrine of God to demonstrate how it helps or hinders the missional engagement of your church within its local context - Essay Example The support and the quality interactions provided to be the Churches in the local communities has therefore, always been considered beneficiary in the Christian society. However, the type of interaction and teaching being imparted by different Churches depend on their understanding of the Doctrine of God and the concept of Trinity according to which, God exists in three forms, namely father, son and the Holy Spirit2. Taking all these aspects into consideration the discussion in this study will remain focused towards understanding the concepts of Doctrine of God. In addition, the discussion will also elaborate on the question that whether the Doctrine concept hinders or helps interaction of the Churches with the local communities. Accordingly, the discussion will also comprise of the evaluation of ‘four part missional theology analysis method’ with the intention to develop a succinct understanding regarding the non-existence of Churches in the absence of the Holy Spirit. Before understanding the impact of ‘Doctrine of God’ on the interaction of Churches with the local communities, a brief understanding needs to be attained regarding the theological concept. Contextually, it can be stated that different cultures have varied patterns of projecting their belief in God. For instance, in Christianity, the divineness of God has been elaborated in two specific forms. The first form of God has been projected to be ‘transcendent’, whereas the second form of God is projected as ‘immanent’. In the transcendent form, God has been elaborated as the divine power free from any dependence on this world3. Likewise, in the immanent form, God has been described as an active participator within all the happenings in the world. Correspondingly, the necessity of understanding this fact resulted in the emergence of the Doctrine of God concepts wherein the statements and attributes made by God were evaluated4. For instance, attributes, such as

The evolution of the wireless phone network Research Paper

The evolution of the wireless phone network - Research Paper Example Not shockingly, a number of the industries, which are being drastically revolutionized, are those that cope with the human senses, comprising of entertainment, education, advertising, health care and, sadly, warfare. Simply put, technology or telecommunication has changed people’s way, as well as the pace of life (Lee, 2001). Below follows a brief discussion of how inventions in wireless phone network has changed communication. Changes to How We Communicate Instant Messaging (IM) Instant messaging (IM) refers to a form of communication over the Internet, which provides an instantaneous transmission of text messages from a sender to a receiver (Webb, 2008). In push technique between two or more individuals using personal computers or mobile phones, along with internet service providers, instant messaging mainly offers real-time and express written language-based online messaging. Instant messaging has changed the way humans communicate as the technology sends information extrem ely fast (Schiller, 2003). No sooner does the sender send the message than the receiver, receives it. Instant messaging also offers instant relies to messaging creating efficiency in communication (Richard & Smith, 2006). SMS Short Message Service (SMS) refers to a text messaging service with regards to mobile phones or the web. SMSs use standardized communications protocols, which offer the exchange of short text messages between mobile phone devices or fixed lines (Lee, 2001). According to research, SMSs are the most broadly used data application in the globe, with 78% of all mobile phone users or 3.6 billion active subscribers. Also, SMS is being used as a form of direct marketing referred to as SMS marketing. It has fastened the way people communicate through their mobile phones, and also at a relatively cheap cost (Richard & Smith, 2006). Twitter and Facebook Social network sites have substantially changed the way human beings relate, as well as communicate, with one another (R ichard & Smith, 2006). Facebook and Twitter have allowed individuals throughout the globe to be part of one society and be capable of communicating through diverse forms. One way to communicate on Facebook and Twitter is by adding another person (Prasad & Ruggieri, 2007). Once an individual adds another, they both become friends, and this forms new friendships. These days, numerous friendships are created through Facebook and Twitter, and they allow people to communicate constantly. Telecommuting Telecommuting or telework refers to a working arrangement in which workers do not travel to a central place of work. An individual who telecommutes is referred to as a teleworker, telecommuter, or, at times, as a home-sourced worker. A lot of teleworkers work from home whereas others sometimes referred to as nomad employees, use mobile telecommunications skills to work from restaurants or other diverse locations (Lee, 2001). According to a Reuter’s survey, roughly one in five workers all across the globe, particularly workers in Latin America, the Middle East and Asia, telecommute habitually. Also, nearly 10% of all workers work at home in the above mentioned places. For communities, telecommuting offers cheap employment through enhancing the employability of circumstantially marginalized persons like work at home parents and the disabled, caregivers, retirees and people living in rural areas. Telecommuting eases traffic congestion and