IDEAS home Printed from https://ideas.repec.org/a/taf/cposxx/v38y2017i4p339-355.html
   My bibliography  Save this article

Getting back on track: the expanded use of PPPs in Ireland since the global financial crisis

Author

Listed:
  • Eoin Reeves
  • Dónal Palcic

Abstract

The global financial crisis that took hold in late 2008 resulted in a major slowdown of activity in the global market for public-private partnerships (PPPs). Ireland was one of the countries most affected with over 20 major infrastructure PPP projects postponed or abandoned. Since 2012 however, the Irish government has adopted a number of initiatives to make PPP more attractive to bidders and private sources of finance. This paper describes these initiatives and shows that they have been associated with a renewal of PPP activity. It suggests that some of the adopted measures may involve trade-offs between encouraging PPP investment and achieving standard PPP objectives such as economic efficiency and better innovation. However, the attraction of public sources of finance from sources such as the European Investment Bank should result in a relatively lower cost of finance and enhance value for money if providers adopt rigorous risk management strategies.

Suggested Citation

  • Eoin Reeves & Dónal Palcic, 2017. "Getting back on track: the expanded use of PPPs in Ireland since the global financial crisis," Policy Studies, Taylor & Francis Journals, vol. 38(4), pages 339-355, July.
    • Handle: RePEc:taf:cposxx:v:38:y:2017:i:4:p:339-355
    DOI: 10.1080/01442872.2017.1314456
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/01442872.2017.1314456
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/01442872.2017.1314456?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:cposxx:v:38:y:2017:i:4:p:339-355. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/cpos .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.