The Privatisation and Nationalisation of European Roads Success and Failure in Public–Private Partnerships
Success and Failure in Public–Private Partnerships
Chapter 6: When privatisation fails: bailouts, renegotiations and nationalisations
Public-private partnership (PPP) contracts may fail and consequently undermine both the reputation of privatisation policies in general and the welfare of users, taxpayers and private investors in particular. As such, an understanding of the factors that might lead to failure is essential for improving privatisation policies.
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