TY - JOUR
T1 - Public-private partnerships - A public economics perspective
AU - Sadka, Efraim
PY - 2007
Y1 - 2007
N2 - Public-private partnerships (PPPs) are spreading all over the world. It may be quite plausible that they were initially started mainly as an attempt to evade expenditure controls and hide public budget deficits. But if they are properly designed and transparently reported, PPPs can play a useful role in enhancing the efficiency of the provision of services that were supplied before solely by the public sector. This article provides a public economics perspective on PPPs.
AB - Public-private partnerships (PPPs) are spreading all over the world. It may be quite plausible that they were initially started mainly as an attempt to evade expenditure controls and hide public budget deficits. But if they are properly designed and transparently reported, PPPs can play a useful role in enhancing the efficiency of the provision of services that were supplied before solely by the public sector. This article provides a public economics perspective on PPPs.
KW - Build-operate-transfer
KW - PPP
KW - Private-finance initiative
UR - http://www.scopus.com/inward/record.url?scp=64849093141&partnerID=8YFLogxK
U2 - 10.1093/cesifo/ifm013
DO - 10.1093/cesifo/ifm013
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AN - SCOPUS:64849093141
SN - 1610-241X
VL - 53
SP - 466
EP - 490
JO - CESifo Economic Studies
JF - CESifo Economic Studies
IS - 3
ER -