Public-Private Partnerships: A Public Economics Perspective

March 1, 2006

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Format: Chicago

Efraim Sadka. Public-Private Partnerships: A Public Economics Perspective, (USA: International Monetary Fund, 2006) accessed September 19, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

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.

Subject: Budget planning and preparation, Infrastructure, Public investment and public-private partnerships (PPP), Public investment spending, Tax incentives

Keywords: Concessionaire, Country, Enterprise, Government, PPPs., Thatcher government, WP

Publication Details

Pages:

29
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 2006/077
Stock No:

WPIEA2006077
ISBN:

9781451863376
ISSN:

1018-5941

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