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Public-private partnerships (PPPs) are spreading all over the world. It may be quite plausible that they were initially started mainly as an attempt to evade expenditure controls and hide public budget deficits. But if they are properly designed and transparently reported, PPPs can play a useful role in enhancing the efficiency of the provision of services that were supplied before solely by the public sector. This article provides a public economics perspective on PPPs. (JEL codes: H54, L33) Copyright , Oxford University Press.
Procurement [Budget deficits;Infrastructure;Government expenditures;Public goods;Public sector;Private sector;private-finance initiative, build-operate-transfer, road, roads, traffic volume, access roads, National Government Expenditures and Related Policies]
Procurement [Budget deficits;Infrastructure;Government expenditures;Public goods;Public sector;Private sector;private-finance initiative, build-operate-transfer, road, roads, traffic volume, access roads, National Government Expenditures and Related Policies]
citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | 59 | |
popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network. | Top 10% | |
influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | Top 10% | |
impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network. | Top 10% |