Public-private partnerships: some lessons from Portugal

Rui Sousa Monteiro
Additional contact information
Rui Sousa Monteiro: Parpublica SA,

No 9/2005, EIB Papers from European Investment Bank, Economics Department

Abstract: The Portuguese PPP experience demonstrates the effectiveness of PPPs in rapidly developing infrastructure and in improving the quality of public services. But the ultimate goal is economic efficiency, not just effectiveness. On this count, Portugal's PPPs may not have scored as high as they could have. To some extent, this has been inevitable, given that no well-tested blueprint to follow was available when Portugal embarked on the PPP route a decade ago. That said, recent changes to Portugal's institutional framework for PPPs - especially a more rigorous appraisal of PPPs, their long-term budgetary implications, and of the contractual arrangements supporting them - aim at ensuring efficiency in the provision of infrastructure services and, thus, value for money.

Keywords: public-private partnerships; fiscal impact; Portugal (search for similar items in EconPapers)
JEL-codes: H40 H43 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2005-06-06
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.eib.org/attachments/efs/eibpapers/eibpa ... 0_n02_en.pdf#page=74 Full text (application/pdf)

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:ris:eibpap:2005_009

Access Statistics for this paper

More papers in EIB Papers from European Investment Bank, Economics Department Contact information at EDIRC.
Bibliographic data for series maintained by Polyxeni Kanelliadou ().