Is the PPP model applicable across sectors?

Artikel

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: EIB Papers ; ISSN: 0257-7755 ; Volume: 10 ; Year: 2005 ; Issue: 2 ; Pages: 11-30 ; Luxembourg: European Investment Bank (EIB)

Classification and Topics

• Classification: Wirtschaft
• Subject: Infrastrukturinvestition ; Public-Private Partnership ; Öffentliche Dienstleistung

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Riess, Armin
• Event: Veröffentlichung
• (who): European Investment Bank (EIB)
• (where): Luxembourg
• (when): 2005

Further information

• Handle: http://hdl.handle.net/10419/44850
• Last update: 10.03.2025, 11:42 AM CET