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Public-Private Partnerships: A Public Economics Perspective

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  • Efraim Sadka

Abstract

Public-private partnerships (PPPs) involve the supply by the private sector of infrastructure and services deriving from infrastructure assets which have traditionally been supplied by the public sector. PPPs are spreading all over the world. It may be quite plausible that such arrangements were initially an attempt to evade expenditure controls and hide public budget deficits. But if they are properly designed and transparently reported, PPPs can enhance the efficiency of the provision of services that were formerly supplied solely by the public sector. This paper provides a public economics perspective on PPPs.

Suggested Citation

  • Efraim Sadka, 2006. "Public-Private Partnerships: A Public Economics Perspective," IMF Working Papers 2006/077, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2006/077
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    Cited by:

    1. Marco Buso & Cesare Dosi & Michele Moretto, 2021. "Do exit options increase the value for money of public–private partnerships?," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 30(4), pages 721-742, November.
    2. Pedro Jucá Maciel, 2008. "Public investment or public-private partnership? A decision rule based on indiference curve of public ineficency and private risk premium," Anais do XXXVI Encontro Nacional de Economia [Proceedings of the 36th Brazilian Economics Meeting] 200807211141020, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    3. Sfakianakis, Emmanouil & Laar, Mindel van de, 2012. "Assessing contingent liabilities in public‐private partnerships (PPPs)," MERIT Working Papers 2012-030, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    4. Rumen Dobrinsky, 2009. "The Paradigm of Knowledge-Oriented Industrial Policy," Journal of Industry, Competition and Trade, Springer, vol. 9(4), pages 273-305, December.
    5. Idongesit WILLIAMS & Daniel M. O. ADJIN & Kenneth K. TSIVOR, 2013. "The Impact of PPIs in the Development of Broadband and the Way Forward: Ghana's Case," Communications & Strategies, IDATE, Com&Strat dept., vol. 1(91), pages 81-102, 3rd quart.
    6. Ilir TOMORRI & Remzi KECO & Gentjan MEHMETI & Shpresim DOMI, 2020. "The Performance Assessment Of Public Sector In Albania," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2020(34), pages 170-180, June.
    7. Daniel Artana & Ramiro Moya, 2008. "Financiamiento de la Infraestructura en la Argentina: lo que dejó la crisis macroeconómica," Working Papers 97, FIEL.
    8. Harry Anthony Patrinos & Felipe Barrera-Osorio & Juliana Guaqueta, 2009. "The Role and Impact of Public-Private Partnerships in Education," World Bank Publications - Books, The World Bank Group, number 2612, December.

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