The Challenge of Public–Private Partnerships
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The Challenge of Public–Private Partnerships

Learning from International Experience

Edited by Graeme A. Hodge and Carsten Greve

The aim of the book is to investigate how PPP reforms function in comparison to the more traditional methods of providing public sector services and infrastructure and who typically experiences the successes and failures of these reforms.
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Chapter 17: Public-private partnerships: a policy for all seasons?

Graeme Hodge and Carsten Greve

Extract

17. Public–private partnerships: a policy for all seasons? Graeme Hodge and Carsten Greve INTRODUCTION We began this book by making some policy observations of PPPs, noting that despite their increasing popularity around the globe, and despite the fact that government has contracted with the private sector for centuries, few people agree today on what a modern PPP is. In this context, it was argued that there were three good reasons for publishing a book such as this one. First, we wanted to re-examine the huge range of meanings given to the concept and assess whether the notion of PPP was itself worthwhile keeping. Second, we aimed to review the empirical experience of PPPs globally and learn from the outcomes achieved across a range of different experiments to date. Third, we noted that huge financial commitments were currently being made by governments and as a consequence, careful and balanced assessments of PPPs are now needed rather than louder shouting from one side or other in the debate. The PPP phenomenon has certainly grown. From a recurring historical theme but very much a background public policy matter, it has evolved to become a central and for some governments, almost obsessive, policy tenet which commits citizens for decades to come through increasingly complex and technical legal arrangements. In this closing chapter, we will firstly reconsider the central policy questions posed at the outset, before we then draw together the bigger themes that have evolved throughout the book. Last, we will close by...

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