Public-private partnerships in the water sector: A review
Sónia Lima,
Ana Brochado and
Rc Marques ()
Utilities Policy, 2021, vol. 69, issue C
Abstract:
Public-private partnerships (PPPs) offer possible solutions for governments seeking to achieve better value for money and fund the investments needed to provide infrastructure and manage public services. Water-sector projects demand extensive, up-front and sunk investments, and inefficiency levels are often significant. This study conducted a systematic review of previous research on water sector PPP projects. The research design is innovative in that it relied on a hybrid methodology combining systematic quantitative, semantic network and narrative analyses. The literature review protocol applied found 122 relevant studies published in top journals. Five key topics within water-related PPP studies were identified: risk management, PPP contractual arrangements, financing and tariffs, infrastructure, and governance. The most important topic is risk management, within which individual scholars’ contributions were tracked. However, a consensus has not been reached about the best risk matrix for improving PPP contracts in the water sector.
Keywords: Public-private partnership; Systematic literature review; Water sector (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (9)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:juipol:v:69:y:2021:i:c:s0957178721000163
DOI: 10.1016/j.jup.2021.101182
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