TY  - BOOK
AU  - Engel,Eduardo
AU  - Fischer,Ronald D.
AU  - Galetovic P.,Alexander
TI  - The Economics of public-private partnerships: a basic guide 
SN  - 9781139565615 (ebook)
AV  - HD3871 .E54 2014
U1  - 338.8/7 23
PY  - 2014///
CY  - Cambridge
PB  - Cambridge University Press
KW  - Public-private sector cooperation
N1  - Title from publisher's bibliographic system (viewed on 05 Oct 2015); Machine generated contents note: 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
N2  - 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
UR  - https://doi.org/10.1017/CBO9781139565615
ER  -