Artikel
Is the PPP model applicable across sectors?
Focussing on two key features of a PPP - the bundling of construction and operation of an infrastructure asset, for one, and private ownership for another - this paper argues that the PPP model is suitable for some public services but not for others. While the incentive-oriented mechanism of bundling and private ownership fosters cost savings in the provision of public services, such savings might come at the expense of public-interest objectives, which - after all - set public services apart from private goods and services. The challenge then is to find out whether the conditions for cost savings to outweigh departures from public-interest objectives are more likely to exist for some services than for others. This paper answers affirmatively, putting the ease (or difficulty) of contracting on public services - notably their public-interest objectives - at the heart of the argument.
- Sprache
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Englisch
- Erschienen in
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Journal: EIB Papers ; ISSN: 0257-7755 ; Volume: 10 ; Year: 2005 ; Issue: 2 ; Pages: 11-30 ; Luxembourg: European Investment Bank (EIB)
- Klassifikation
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Wirtschaft
- Thema
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Infrastrukturinvestition
Public-Private Partnership
Öffentliche Dienstleistung
- Ereignis
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Geistige Schöpfung
- (wer)
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Riess, Armin
- Ereignis
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Veröffentlichung
- (wer)
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European Investment Bank (EIB)
- (wo)
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Luxembourg
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
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20.09.2024, 08:21 MESZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Riess, Armin
- European Investment Bank (EIB)
Entstanden
- 2005