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" aims to improve the likelihood of success and attempts to avoid future contract failures across sectors and geographies …-private partnership contract failure, premature contract cancellation. The analysis utilizes mixed-effects probit regression combined with … of contract cancellation for future projects. The results confirm what the market intuitively knows, that is, that public …
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In many cases, the expected efficiency advantages of public-private partnership (PPP) projects as a specific form of infrastructure provision did not materialize ex post. From a Public Choice perspective, one simple explanation for many of the problems surrounding the governance of PPPs is that...
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