Public-private partnerships: Recent trends and the central role of managerial competence

V. Vecchi, M. Hellowell

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Public-Private Partnership (PPP) has been a widespread model to fund and develop infrastructure in the last 20 years. The model still remains an option for Governments across the world to cope with curtailed public budget and the need to make public services more efficient and effective. However, the complexity of the model requires the development of an adequate set of skills in order to inform the policymaker and to structure and execute more sustainable contracts. The aim of this chapter is to provide an overview of the main features of PPPs and an evaluation of its use in providing infrastructure and related services, with a focus on two salient issues: value for money, which has been a dominant topic in the PPP debate, and affordability, which is an emerging issue, due to the fact that now many contracts are now in execution. © The Author(s) 2018.
Original languageEnglish
Title of host publicationThe Palgrave Handbook of Public Administration and Management in Europe
EditorsEdoardo Ongaro, Sandra Van Thiel
PublisherPalgrave Macmillan
Chapter20
Pages381-401
Number of pages21
Volume2
Edition1
ISBN (Electronic)9781137552693
ISBN (Print)9781137552686
DOIs
Publication statusPublished - 31 Mar 2018

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