Public-Private Partnerships: A Public Economics Perspective
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Summary:
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.
Series:
Working Paper No. 2006/077
Subject:
Budget planning and preparation Infrastructure Public investment and public-private partnerships (PPP) Public investment spending Tax incentives
English
Publication Date:
March 1, 2006
ISBN/ISSN:
9781451863376/1018-5941
Stock No:
WPIEA2006077
Pages:
29
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