EconPapers    
Economics at your fingertips  
 

Indicators, Strategies, and Rule Settings for Sustainable Public–Private Infrastructure Partnerships: From Literature Review towards Institutional Designs

Abimbola A. Adebayo (a.a.adebayo@utwente.nl), Kris Lulofs and Michiel Adriaan Heldeweg
Additional contact information
Abimbola A. Adebayo: CSTM Governance and Technology for Sustainability, University of Twente, 7522 NB Enschede, The Netherlands
Kris Lulofs: CSTM Governance and Technology for Sustainability, University of Twente, 7522 NB Enschede, The Netherlands
Michiel Adriaan Heldeweg: CSTM Governance and Technology for Sustainability, University of Twente, 7522 NB Enschede, The Netherlands

Sustainability, 2023, vol. 15, issue 12, 1-26

Abstract: Public–private partnerships (PPPs)-driven infrastructure projects frequently disappoint in terms of sustainability outcomes. This paper substantiates this. It develops and presents an institutional design that can integrate environmental and social sustainability principles into PPP infrastructure projects (sustainable PPPs). The institutional design includes principles for the planning processes (preparation, procurement, contracting) and outcome indicators. The paper builds upon and synthesizes extant research through a literature review that employs the Preferred Reporting Items for Systematic Reviews and Meta-Analysis (PRISMA) statements. The review covers the appropriateness of the used indicators for the investigation and measurement of environmental and social sustainability policy strategies designed to enhance sustainability and institutional intercalation. About the latter, a specific lens to focus on the relationships between the institutional design characteristics (the rule settings) of planning processes and the sustainability outcomes is developed based on three variables within the institutional analysis and development (IAD) framework of Ostrom. Consequently, rule settings that enable the investigation of the institutional process preconditions for sustainable PPPs and the evaluation of the sustainability outcomes are amalgamated. Our study indicates that the IAD framework provides a useful theoretical lens to harmonize and categorize process principles to achieve the rule settings that guide involved actors towards sustainable PPPs and place lenses on the envisioned environmental and social sustainability outcomes.

Keywords: indicators; infrastructure projects; public–private partnerships; rule settings; steering strategies; sustainability (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.mdpi.com/2071-1050/15/12/9422/pdf (application/pdf)
https://www.mdpi.com/2071-1050/15/12/9422/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:15:y:2023:i:12:p:9422-:d:1169128

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager (indexing@mdpi.com).

 
Page updated 2024-12-28
Handle: RePEc:gam:jsusta:v:15:y:2023:i:12:p:9422-:d:1169128