The financial determinants of government commitment in public–private partnerships
Frédéric Marty,
Sylvie Trosa and
Arnaud Voisin
International Journal of Public Policy, 2005, vol. 1, issue 1/2, 41-57
Abstract:
Most of the literature devoted to analysing public–private partnership (PPP) contracts focuses on issues related to competition. This article intends to study a less frequently considered matter, the financial clauses of these contracts as steering tools of the PPP.
Keywords: contractual incentives; cost comparisons; public–private partnerships; risk sharing; risk assessment; resource-orientated budgetary framework; contracts; cross-sector collaboration; new public management; financial determinants; government commitment; public policy; financial engineering; performance-related payments; market benchmarking. (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijpubp:v:1:y:2005:i:1/2:p:41-57
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