Rent-seeking in Megaprojects: The Case of Turkey’s Public-Private Partnerships for Roads
Original article by Ali Osman Solak This article explores how governance quality impacts the success of public-private partnerships (PPPs), focusing specifically on Turkey’s road infrastructure projects. Theoretically, well-structured PPPs offer benefits such as optimized risk allocation and increased efficiency. However, these outcomes depend heavily on robust governance frameworks that ensure transparency, accountability, and strong institutional […]