The Evolution of Public-Private Partnerships in a Comparison between Europe and Italy: Some Perspectives for the Energy Sector
Giuseppe Festa and
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Matteo Rossi: Department of Law Economics Management and Quantitative Methods, University of Sannio, Italy
Giuseppe Festa: Department of Economic and Statistical Sciences, University of Salerno, Italy
Ardi Gunardi: Faculty of Economics and Business, Universitas Pasundan, Bandung, Indonesia.
International Journal of Energy Economics and Policy, 2019, vol. 9, issue 3, 403-413
The recent global economic and financial crisis has generated new challenges for all public governments. In a number of countries, anti-crisis packages included innovative public actions, realized also in combination with private investments, like in the case of Public-Private Partnership (PPP), which combines the resource of government agents with those of private agents in order to realize public-interest aims. In this study, we have conducted a general analysis on PPP models, in order to present some evidences from a comparison between EU-28 (European Union with 28 countries) and Italy in the 2008-2016 period, with specific considerations on the energy sector. The various trends demonstrate a substantial evolution about global numbers and values of the Public-Private Partnership initiatives in EU-28 and Italy, and underline several constraints and challenges for successful PPP projects, even specifically for the energy sector.
Keywords: Public-Private Partnership; EU-28 Italy comparison; energy. (search for similar items in EconPapers)
JEL-codes: G38 M21 Q48 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2019-03-46
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