Public-private partnerships: Some lessons from Portugal

Artikel

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: EIB Papers ; ISSN: 0257-7755 ; Volume: 10 ; Year: 2005 ; Issue: 2 ; Pages: 73-81 ; Luxembourg: European Investment Bank (EIB)

Classification and Topics

• Classification: Wirtschaft
• Subject: Public-Private Partnership ; Portugal

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Monteiro, Riu Sousa
• Event: Veröffentlichung
• (who): European Investment Bank (EIB)
• (where): Luxembourg
• (when): 2005

Further information

• Handle: http://hdl.handle.net/10419/44845
• Last update: 10.03.2025, 11:43 AM CET