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The economics of public-private partnerships : a basic guide

Title
The economics of public-private partnerships : a basic guide / Eduardo Engel, University of Chile, Ronald D. Fischer, University of Chile, Alexander Galetovic, Universidad de Los Andes, Santiago, Chile.
Author
Engel, Eduardo
Publication
  • New York, NY : Cambridge University Press, [2014]
  • ©2014

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Additional Authors
  • Fischer, Ronald D.
  • Galetovic P., Alexander
Description
xvi, 176 pages : illustrations; 24 cm
Summary
"Governments typically build and maintain public infrastructure, which they fund through taxes. But in the past twenty-five years, many developing and advanced economies have introduced public-private partnerships (PPPs), which bundle finance, construction, and operation into a long-term contract with a private firm. In this book, the authors provide a summary of what, they believe, are the main lessons learned from the interplay of experience and the academic literature on PPPs, addressing such key issues as, when governments should choose a PPP instead of a conventional provision, how PPPs should be implemented, and the appropriate governance structures for PPPs. The authors argue that the fiscal impact of PPPs is similar to that of conventional provisions and that they do not liberate public funds. The case for PPPs rests on efficiency gains and service improvements, which often prove elusive. Indeed, pervasive renegotiations, faulty fiscal accounting, and poor governance threaten the PPP model"--
Subject
Public-private sector cooperation
Bibliography (note)
  • Includes bibliographical references (pages 163-171) and index.
Contents
1. Introduction -- 2. Country studies -- 3. Highways -- 4. Incentives -- 5. Private finance -- 6. Public finance -- 7. Renegotiations -- 8. Governance -- 9. When and how to implement PPPs.
Call Number
HD3871
ISBN
  • 9781107035911 (hardback)
  • 1107035910 (hardback)
  • 9781107632783 (paperback)
  • 1107632781 (paperback)
LCCN
2014011189
OCLC
  • 881386968
  • 881386968
Author
Engel, Eduardo, author.
Title
The economics of public-private partnerships : a basic guide / Eduardo Engel, University of Chile, Ronald D. Fischer, University of Chile, Alexander Galetovic, Universidad de Los Andes, Santiago, Chile.
Publisher
New York, NY : Cambridge University Press, [2014]
Copyright Date
©2014
Type of Content
text
Type of Medium
unmediated
Type of Carrier
volume
Bibliography
Includes bibliographical references (pages 163-171) and index.
Added Author
Fischer, Ronald D., author.
Galetovic P., Alexander, author.
Research Call Number
*R-SIBL HD3871 .E54
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