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benefits and higher costs associated with them, as compared to traditional public investment. Such analysis allows the …
Persistent link: https://www.econbiz.de/10010273350
This paper critically assesses the implications of contract design and risk transfer on the provision of public …
Persistent link: https://www.econbiz.de/10010273353
This paper describes long-term trends in public investment and analyses their causes and consequences. This has been … traditional public procurement of infrastructure. The conclusion that emerges is that while public investment has been trending …
Persistent link: https://www.econbiz.de/10010273354
Focussing on two key features of a PPP - the bundling of construction and operation of an infrastructure asset, for one, and private ownership for another - this paper argues that the PPP model is suitable for some public services but not for others. While the incentive-oriented mechanism of...
Persistent link: https://www.econbiz.de/10010273355
Public-private partnership (PPP) initiatives are extending around the world, especially in Europe, as an innovation to traditional public health systems, with the intention of making them more efficient. There is a varied range of PPP models with different degrees of responsibility from simple...
Persistent link: https://www.econbiz.de/10011599868
operational phase. Good contract management is needed to ensure that the risk transfer paid for actually sticks. Provisions to …
Persistent link: https://www.econbiz.de/10010273349
The Portuguese PPP experience demonstrates the effectiveness of PPPs in rapidly developing infrastructure and in improving the quality of public services. But the ultimate goal is economic efficiency, not just effectiveness. On this count, Portugal's PPPs may not have scored as high as they...
Persistent link: https://www.econbiz.de/10010273351
This paper presents the findings of an evaluation of public-private partnership (PPP) projects financed by the EIB. The evaluation, carried out by Operations Evaluation of the EIB, suggests that EIB involvement can add financial and non-financial benefits and that PPP projects score well in...
Persistent link: https://www.econbiz.de/10010273352
involve the private sector undertaking investment projects that traditionally have been executed (or at least financed) and …
Persistent link: https://www.econbiz.de/10010273356
This paper analyses the role of public-private partnerships (PPPs) for infrastructure development in the new EU member states and candidate countries in Central and Eastern Europe. We survey projects in transport, water, energy, and telecommunications sectors and then focus on the highway...
Persistent link: https://www.econbiz.de/10010277034