Public-private partnerships - A public economics perspective

Research output: Contribution to journalArticlepeer-review

Abstract

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.

Original languageEnglish
Pages (from-to)466-490
Number of pages25
JournalCESifo Economic Studies
Volume53
Issue number3
DOIs
StatePublished - 2007

Keywords

  • Build-operate-transfer
  • PPP
  • Private-finance initiative

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