Article by Alessandra Cepparulo, Giuseppe Eusepi and Luisa Giuriato
Public finances in the EU countries are strained by the COVID-19 pandemic and the war in Ukraine while public debts and deficits have reached unprecedented levels. At the same time, in the coming years governments will need to provide the infrastructure required by the digital and climate transitions and recover their backlog of investments. These policy choices will deeply impact on the future development of European countries and the dynamics of their public finances, which will be constrained also by restored or revised fiscal rules. All this makes PPPs attractive for public authorities in search of alternatives to increase investment resources without further worsening their budgetary position.
Related Articles
November 2024
Public Reaction to Public-Private Partnerships (PPPs): Citizen Assessments of Four Different Types of PPPs and Policy Support
October 2024
Governmental Support Strategies and Their Effects on Private Capital Engagement in Public-Private Partnerships
September 2024
What Do Ministers and Their Advisors Say to the Critics of Public-Private Partnerships? Results From a Mixed-Methods Study
August 2024
Stakeholder Dynamics: Rethinking Roles and Responsibilities in User-Pay Transport PPP Projects
July 2024
Cost-Saving or Cream-Skimming? Partner Ownership and the Project Returns of Public-Private Partnerships in China
June 2024
The Governance of Affordable Housing Through Public-Private Partnerships: Critical Entanglements