The view that intergenerational distributive justice and efficiency should be treated separately is familiar, yet controversial. This article elaborates the often-implicit justifications for separate treatment and provides a more express statement of how and when such treatment is appropriate....

Turning unemployment into self-employment has become a major focus of German active labour market policy (ALMP) in recent years. If effective, this would not only reduce Germany?s persistently high unemployment rate, but also increase its notoriously low self-employment rate. Empirical evidence...

In Croatia, for the period from 2005 until 2009, a total of 32 public tenders for 43 Public-Private Partnership projects are announced, indicating great interest for Public-Private Partnership in Croatia. The European Union Public-Private Partnership regulations include the Guideline for...

This paper presents a rationale for hybrid public-private capital structures in public utilities. The public sector can borrow money cheaper, while private investors can spawn life-cycle cost savings. When investment vehicles enable the internalization of the financial advantage of the public...

There is a drive towards delivering and operating public infrastructure through public-private partnership rather than traditional public procurement. The assessment of the value for money achieved by the two alternative approaches rests in the cost of financing and their efficiency in delivery...

Do quality at entry assessments enhance the delivery of development projects? In this paper we take advantage of approval and execution systems in place at the Inter-American Development Bank (IDB) to examine whether projects that have higher quality at entry-captured through grading scores...

This paper looks at how contemporary environmental (including climate) policy problems are phrased in terms of effectiveness, efficiency, and equity. The latter three concepts have served as foci of theoretical discussions among economists who analyse these issues and identify criteria that...

While previous literature has found that the effect of public services decentralization on quality of delivery and satisfaction is ambiguous, little evidence has been provided regarding the role that the efficiency of local governments may play in enhancing a decentralization reform. To shed...

We examine how diversification of projects assigned to an agency can enhance efficiency by informing a principal of the agency's quality. Projects that appear inefficient in isolation may be justified when assigned to the same agency. Assigning different tasks to different special purpose...

Danish development aid is analyzed by visiting a sample of projects five years after their completion. The sample is stratified to nine countries chosen to be main, peaceful recipients in the main regions. The criterion of success is if the projects do what it is meant to. If we think the...