<italic>Public--private partnerships (PPPs) have been extensively used in Spain for the procurement of light rail systems. This paper analyses five projects that have been in operation for more than five years. The authors examine the reasoning behind the selection of the PPP projects, risk-sharing...</italic>

Abstract In this paper we develop an index of the governmental support for PPP – a ‘PPP Governmental Support Index’ - which aims to measure the extent to which national governments provide an institutional framework that is either conducive or preventive for the introduction and diffusion...

The Danish government has considered the public--private partnership (PPP) model for major construction and infrastructure projects. But, whereas other countries have embraced PPPs, Denmark has been a sceptic. This article examines why PPPs have not got off the ground: a mixture of regulatory...

<title>Abstract</title> In the early nineties, after the collapse of the communist system, many Central and Eastern European (CEE) countries hoped to expand their motorway network by offering concessions to private companies to finance, build and operate toll roads. Both the lack of public resources and the...

Mexico's private toll road program of 1989-1994 is famous both as one of the first and the most ambitious highway privatization programs among the developing countries and as one of the most dramatic failures. In just five years Mexico awarded 52 concessions totaling over 5300 km of toll...