Archives

Governmental Support Strategies and Their Effects on Private Capital Engagement in Public-Private Partnerships

Original study by Yanbing Han & Hai (David) Guo This paper examines the importance of government supports in facilitating PPP.  It identifies four main forms of government support and aims to answer the following question: which government support strategies, and in which combinations, are necessary and sufficient to attract high levels of private investment in […]

What Do Ministers and Their Advisors Say to the Critics of Public-Private Partnerships? Results From a Mixed-Methods Study

Original study by Sebastian Zwalf PPPs have become an important part of the infrastructure programs of governments worldwide.  Yet, despite their widespread use, PPP scholars have generally been sceptical.  This paper explores this apparent contradiction.  The data for this study is drawn from Australia where PPPs have been extensively adopted since the 1980s. The paper […]

Stakeholder Dynamics: Rethinking Roles and Responsibilities in User-Pay Transport PPP Projects

Original study by Gabriel Castelblanco & Jose Guevara This paper explores the important issue of stakeholder management strategies in user-pay PPP projects.  While extant literature often focuses on the interests of either responsible stakeholders (i.e., the PPP consortium and the contracting agency) or impacted stakeholders, this study addresses the critical but underexplored dynamics between diverse […]

The Governance of Affordable Housing Through Public-Private Partnerships: Critical Entanglements

Original Study by Patricia Canelas & Sonia Alves Introduction This paper aims to contribute to the debates about whether and how partnerships can help deliver social infrastructure, especially affordable housing.  Social infrastructure projects such as schools and health facilities tend to be smaller-scale projects compared to economic infrastructure such as transport and water infrastructure projects.  […]

Determinants of Public-Private Partnership Governance Structures: Evidence from India

Original Study by Mahavadi Dhanshyam, Samir K Srivastava & Indranil Biswas. Public-private partnerships (PPPs) represent a continuum of governance structures characterized by wide variability in private sector risk transfer.  Despite the widespread adoption of PPPs, few studies examine the reasons for variability across governance structures.  This question provides the motivation for this paper which examines […]

Public-Private Partnerships: Is a Reassessment Underway?

Original Study by Matti Siemiatycki This paper explores the shifting political economy, policy and commercial landscapes towards PPPs in Canada.  It examines how PPPs rose to prominence in Canada on a wave of optimism among policy makers.  It questions if recent developments mean we are seeing the beginning of the decline of PPPs in Canada […]

Airport Concessions Work, Just Not in the United States

It turns out that infrastructure funds manage airport concessions quite well. At least, that seems to be the conclusion of a recently published working study of airport operations and financial performance. The new working paper is titled All Clear for Takeoff: Evidence from Airports on the Effects of Infrastructure Privatization. The lead author of the […]

Public-Private Partnerships in the Gulf Cooperation Council Region: Policy Discussions, Projects, Regulatory Frameworks, and Future Directions

Original study by Mhamed Biygautane and Stewart Clegg This article explores the development of public-private partnerships (PPPs) in the Gulf Cooperation Council (GCC) region over the past three decades.  It argues that although GCC states did not fully embrace PPPs, unstable oil and gas prices are changing this approach.  PPPs are increasingly gaining strong political […]

PPP performance evaluation: the social welfare goal, principal–agent theory and political economy (Part II)

Original study by Mark A. Moore and Aidan R. Vining. This month’s article continues the review of Moore and Vining’s detailed review of theoretical and empirical literature on PPP performance.  The first part of their paper adopted a social-welfare framework to examine the literature on PPP performance.  It concluded that the literature demonstrates a lack […]