4,042 research outputs found

    Special Purpose Vehicle (SPV) of Public Private Partnership Projects in Asia and Mediterranean Middle East: Trends and Techniques

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    One of the main reasons for the success of public private partnership (PPP) projects is the creation of a separate commercial venture named “Special Purpose Vehicle” (SPV). SPV provides a good framework for raising funds, linking participants legally and assuring supply, production and marketing of products. SPV brings together various parties like lenders, financial institutions, public sector and export credit agencies, suppliers and off-takers. There is often a lack of precedents to identify attributes of a SPV and the process is further hampered by undeveloped financial and legal structures of a country. Thus, there is a need to establish clear attributes for a SPV to raise the funding options of PPPs. In search of these essential attributes, six PPP projects in Asia and Mediterranean Middle East are examined in this paper. Three are independent power producers (IPP), one each from India, Pakistan and China, and three are desalination Projects, one each from Israel, Singapore and Algeria. The evidence shows that not only are there common trends and techniques that are used for SPV development but also some unique features to overcome financial and legal hurdles. The evidence also gives insights for using SPV to improve financing of PPP projects.- special purpose vehicle, public-private partnership, project finance

    LGBT rights versus Asian values: de/re-constructing the universality of human rights

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    Law, especially from the international human rights regime, is a direct reference on which minority groups rely when it comes to ‘non-discrimination’. Drawing upon LGBT rights in Taiwan, as well as Hong Kong and Singapore, this article – through an application of K.H. Chen’s (2010) Asia as Method – critically reviews how global LGBT politics interact with local societies influenced by Confucianism. Along a perpetual competition between the universalism and cultural relativism of human rights, this article not only identifies the pitfalls of ‘Asian values’ from a cosmopolitan perspective but also contributes to a queered approach to human rights-holders against homonationalism

    Communicating Climate Change In Internet Discussion Fora: Processes and Implications

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    Communicating climate change issues in the Internet era requires new strategies that incorporate online communication. The rapid growth of new media and widespread use of the internet has marked everyday lifestyles in modern society. Information on a wide range of social issues, including climate change, is disseminated and debated through online discussions in internet fora. In this research, communication on internet fora and other potential forms of online social interaction are explored, to identify ways to enhance climate change communication on the Internet. The thesis raises three research questions to explore the communication context of internet fora discussion, namely: what are characteristics of the communication process on internet fora? Who is involved in the communication process? What influences do these online communication activities have on users’ everyday activities? The research applies a mixed-methods approach of analysing the usage of Internet fora and the contents of fora communication activities to explore these questions. This includes qualitative reviews of topic-thread discussions to reveal users’ roles in discussions, as well as surveys of fora users. It is argued that with increasing levels of interaction among communicators (people who post or reply to articles in order to express or respond ideas) on internet fora, these communicators are mobilised to join the online discussion process, competing for opinion leadership. The online discussions further contribute to the formation of opinions on climate change, as climate change and related issues are discussed The thesis thereby aims to contribute to the development of effective approaches for opinion formation and climate change communication online, and to encourage individuals to discuss changing behaviour patterns and public engagement of greenhouse gas reduction actions
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