Public-private partnerships for the development of broadband infrastructure have been proposed as a method of increasing buildout, while addressing such issues as the digital divide and network externalities. This paper begins with a summary of the history of public/private interplay in the...

This paper offers an updated description of the macroeconomic and sectoral significance of PPPs in Europe - without assessing PPPs from a normative perspective. Builidng on Blanc-Brude et al. (2007), it looks at the evolution of PPPs in the EU, with a particular focus on the recent financial...

There are few public-private partnership (PPP) projects in the UAE, but the number is increasing. Recently government and public bodies have intensified their interest in PPPs to encourage more involvement of the private sector in the country's development. The aim of the research is to evaluate...

The revenue risk is of great importance to ensure the success of a real toll public-private partnership (PPP) transportation project. Past research has proposed a revenue guarantee put option as an alternative way to quantify and potentially manage this risk. A practical, or commercial,...

This paper presents a model to assess the efficiency of the capital structure in public-private partnerships (PPP). A main argument supporting the PPP approach to investment projects is the transfer of managerial skills and know-how from the private partner to the investment vehicle. The paper...

Opportunism, either governmental or private, may become a powerful deterrent against public-private project financing, especially considering the scale of the investment in infrastructure. The parties can secure themselves against counterparty opportunism by assigning the investor an exit (put)...

International experience has shown that mining and resources sector participation in Public-Private Partnerships (PPPs) can realise substantial health benefits not only for the company, but also for its public sector partners and communities. This paper summarises the international experience,...

In a public procurement setting, we discuss the desirability of completing contracts with state-contingent clauses providing for monetary compensations to the contractor when revenue shocks occur. Realized shocks are private information of the contractor and this creates agency costs of...

Public-Private Partnerships (PPPs) involve the collaboration between the public sector providers of goods and, more specifically, services and private sector counterparts. The arrangement is one component of a wider initiative which has been taken place across both developing and developed...