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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 06/77, International Monetary Fund.
  • Handle: RePEc:imf:imfwpa:06/77
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    References listed on IDEAS

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    Cited by:

    1. Sfakianakis, Emmanouil & Laar, Mindel van de, 2012. "Assessing contingent liabilities in public‐private partnerships (PPPs)," MERIT Working Papers 030, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    2. Daniel Artana & Ramiro Moya, 2008. "Financiamiento de la Infraestructura en la Argentina: lo que dejó la crisis macroeconómica," Working Papers 97, FIEL.
    3. Harry Anthony Patrinos & Felipe Barrera-Osorio & Juliana Guaqueta, 2009. "The Role and Impact of Public-Private Partnerships in Education," World Bank Publications, The World Bank, number 2612.

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