Rhetoric and reality of public-private partnerships in China: A sustainable public procurement perspective
Fuguo Cao,
Runyu Li and
Shaobo Guo
Socio-Economic Planning Sciences, 2024, vol. 92, issue C
Abstract:
Public-private partnerships (PPPs) is an alternative approach to conventional public procurement (CPP), Much of the research on the rhetoric and reality of PPPs has compared PPPs with CPP with respect to cost, quality, timeliness of project delivery, and risk transfer, and little to sustainable public procurement (SPP). This study is intended to address this research gap by unveiling certain implementation patterns of SPP in PPPs compared to CPP. It also explored the complex theoretical and practical connections between policy and implementation of PPPs and reached mixed conclusions. In particular, it is found that, while PPPs strongly support green development, flaws in value for money assessment, opportunistic behaviours, and certain distinctive features of PPPs are highly likely to marginalize SMEs and other disadvantaged groups. This study enriches the general discourse on the rhetoric and reality of PPPs by introducing a novel perspective of SPP and informs crucial policy and implementation adaptations for the PPP model.
Keywords: Public private partnership; Conventional public procurement; Sustainable procurement (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:soceps:v:92:y:2024:i:c:s003801212400051x
DOI: 10.1016/j.seps.2024.101852
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