IDEAS home Printed from
   My bibliography  Save this paper

Public-private partnerships: some lessons from Portugal


  • Monteiro, Rui Sousa

    () (Parpublica SA,)


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.

Suggested Citation

  • Monteiro, Rui Sousa, 2005. "Public-private partnerships: some lessons from Portugal," EIB Papers 9/2005, European Investment Bank, Economics Department.
  • Handle: RePEc:ris:eibpap:2005_009

    Download full text from publisher

    File URL:
    File Function: Full text
    Download Restriction: no


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Miranda Sarmento, J. & Renneboog, L.D.R., 2014. "The Portuguese Experience with Public-Private Partnerships," Discussion Paper 2014-005, Tilburg University, Center for Economic Research.
    2. Gerhard Hammerschmid & Tamyko Ysa, 2010. "Empirical PPP Experiences in Europe: National Variations of a Global Concept," Chapters,in: International Handbook on Public–Private Partnerships, chapter 15 Edward Elgar Publishing.
    3. Edward F Buffie & Michele Andreolli & Bin Grace Li & Luis-Felipe Zanna, 2016. "Macroeconomic Dimensions of Public-Private Partnerships," IMF Working Papers 16/78, International Monetary Fund.

    More about this item


    public-private partnerships; fiscal impact; Portugal;

    JEL classification:

    • H40 - Public Economics - - Publicly Provided Goods - - - General
    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate


    Access and download statistics


    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:ris:eibpap:2005_009. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Polyxeni Kanelliadou). General contact details of provider: .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.