Over the next decade, governments around the world will invest massively in new projects, aiming at closing the long-identified infrastructure gap, to sustain economic and social development, and to recover from recent adverse shocks. This paper examines this topic from two perspectives: (i) how...

The application and design of public-private partnerships between the extremes of purely public or purely private task fulfilment in public services is, in practice, subject to political processes. Decisions about PPPs (realisation, arrangement) are taken in the political arena and are therefore...

We study collusion between a public firm and a private firm, characterizing the outcome (market shares, profits, and consumer surplus) that results from Nash bargaining between the two firms relative to the non-cooperative outcome. We find that if the public firm’s preference for consumer...

Contents: Preface -- 1. Setting the scene -- 2. How did the idea of PPPs arise? -- 3. Exploring what PPPs can and cannot do -- 4. Can PPPs ever be good value? -- 5. Why choose a PPP? -- 6. Ppps and megaprojects -- 7. Where to now for PPPs? -- 8. Conclusions references Index