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Rationale and Institution for Public – Private Partnerships

Jungwook Kim ()

Working Papers from eSocialSciences

Abstract: Private–public partnership (PPP) methods are considered to be an effective way to narrow the gap between demand and supply of social infrastructure. If successfully pursued, PPP can deliver benefits to users, governments, and the private sector, or the so-called triple wins. Enhancing efficiency by reducing cost and time overruns is beneficial to users and governments, and better quality of service is expected via PPP. It will also examine the factors that have been important for shaping the county’s PPP landscape, including fiscal soundness, unsolicited project proposals, and the refinancing and renegotiation of PPPs.

Keywords: eSS; economic growth; infrastructures; public–private partnership; value for money; Private Investment; welfare effects; value for money; time; cost overruns; capital markets; contract award; operation; management; Public–Private Partnership Disputes; legal (search for similar items in EconPapers)
Date: 2018-09
Note: Institutional Papers
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