Public-Private Partnerships and Investment in Infrastructure:
How can governments reap the potential benefits of public-private partnerships (PPPs) in the provision of infrastructure? Private sector involvement in the provision of public goods is long-standing, often relying on franchises or concessions. More recently, PPPs have risen in prominence, promising...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2010
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| Schriftenreihe: | OECD Economics Department Working Papers
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| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | How can governments reap the potential benefits of public-private partnerships (PPPs) in the provision of infrastructure? Private sector involvement in the provision of public goods is long-standing, often relying on franchises or concessions. More recently, PPPs have risen in prominence, promising innovative solutions and a better allocation of inputs than traditional procurement with separate concessions. However PPPs are not without risks with the outcome depending on the identification of the most efficient bidder, the risk sharing between the public and private sector and the design of the contractual relationship. Furthermore, PPPs, particularly when they are used to circumvent budgetary constraints, present risks to government budgets by creating large contingent liabilities. Drawing on a discussion of the economics of PPPs in relation to infrastructure and questionnaire responses, synthetic indicators are used to assess how well-suited policy frameworks in the OECD are to benefit from PPPs. The results show marked heterogeneity across countries, suggesting there is scope to improve performance and gain expertise by considering other countries? experiences |
| Beschreibung: | 1 Online-Ressource (40 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/5km7jf6q8f0t-en |
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| index_date | 2024-07-03T19:35:04Z |
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| language | English |
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| spelling | Araújo, Sónia Verfasser aut Public-Private Partnerships and Investment in Infrastructure Sónia Araújo and Douglas Sutherland = Partenariats public-privé et investissement en infrastructures / Sónia Araújo et Douglas Sutherland Partenariats public-privé et investissement en infrastructures Paris OECD Publishing 2010 1 Online-Ressource (40 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers How can governments reap the potential benefits of public-private partnerships (PPPs) in the provision of infrastructure? Private sector involvement in the provision of public goods is long-standing, often relying on franchises or concessions. More recently, PPPs have risen in prominence, promising innovative solutions and a better allocation of inputs than traditional procurement with separate concessions. However PPPs are not without risks with the outcome depending on the identification of the most efficient bidder, the risk sharing between the public and private sector and the design of the contractual relationship. Furthermore, PPPs, particularly when they are used to circumvent budgetary constraints, present risks to government budgets by creating large contingent liabilities. Drawing on a discussion of the economics of PPPs in relation to infrastructure and questionnaire responses, synthetic indicators are used to assess how well-suited policy frameworks in the OECD are to benefit from PPPs. The results show marked heterogeneity across countries, suggesting there is scope to improve performance and gain expertise by considering other countries? experiences Economics Sutherland, Douglas ctb https://doi.org/10.1787/5km7jf6q8f0t-en Verlag kostenfrei Volltext |
| spellingShingle | Araújo, Sónia Public-Private Partnerships and Investment in Infrastructure Economics |
| title | Public-Private Partnerships and Investment in Infrastructure |
| title_alt | Partenariats public-privé et investissement en infrastructures |
| title_auth | Public-Private Partnerships and Investment in Infrastructure |
| title_exact_search | Public-Private Partnerships and Investment in Infrastructure |
| title_exact_search_txtP | Public-Private Partnerships and Investment in Infrastructure |
| title_full | Public-Private Partnerships and Investment in Infrastructure Sónia Araújo and Douglas Sutherland = Partenariats public-privé et investissement en infrastructures / Sónia Araújo et Douglas Sutherland |
| title_fullStr | Public-Private Partnerships and Investment in Infrastructure Sónia Araújo and Douglas Sutherland = Partenariats public-privé et investissement en infrastructures / Sónia Araújo et Douglas Sutherland |
| title_full_unstemmed | Public-Private Partnerships and Investment in Infrastructure Sónia Araújo and Douglas Sutherland = Partenariats public-privé et investissement en infrastructures / Sónia Araújo et Douglas Sutherland |
| title_short | Public-Private Partnerships and Investment in Infrastructure |
| title_sort | public private partnerships and investment in infrastructure |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/5km7jf6q8f0t-en |
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