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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 […]

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

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 support, […]

Building Bridges: Unravelling the Missing Links Between Public-Private Partnerships and Sustainable Development

Study by Gabriel Castelblanco and Jose Guevara Although there is increasing agreement that Public-Private Partnerships (PPPs) contribute significantly to sustainable development, the intersection between the PPP body of knowledge and sustainability remains underdeveloped.  This study adopts the United Nations Sustainability Development Goals (SDGs) and their sustainable targets to assess the intensity of the link between […]

Exploring Risk Factors Affecting Sustainable Outcomes of Global Public-Private Partnership (PPP) Projects: A Stakeholder Perspective

Article by Zilin Li and Haotian Wang This paper is motivated by the recognition that the outcomes of PPP projects often fall short of expectations due to various internal and external risk factors that persist throughout the project’s lifecycle.  The paper therefore aims to examine the factors that contribute to the success or failure of […]

Procuring Infrastructure Public-Private Partnerships: Capability Development and Learning from an Owner Perspective

Article by Sujuan Zhang, Roine Leiringer & Graham Winch The expanding use of Public-Private Partnerships (PPPs) in infrastructure development and public service delivery poses commercial challenges for public sector owners (PSOs) regarding their capabilities to initiate, procure and manage PPP projects.  This paper focuses on the important role of owner project capabilities in infrastructure delivery.  […]

The Role of Institutional and Governance Factors in Public-Private Partnerships Infrastructure Investments in Emerging Economies

Article by Aparajita Gupta and Anil Kumar Sharma It is widely recognised that the capacity of a country to attract PPP investment in infrastructure is influenced by several factors including the quality of its institutions.  Relationships between the executive, legislative and judicial branches, the bureaucratic structure, political stability, conflict management, arbitrariness and the extent of […]

The Privatised City: Technology and Public-Private Partnerships in the Smart City

Study by Astrid Voorwinden  This paper focuses on two interconnected core components of the smart city: ‘smart’ technologies and partnerships with actors from the private sector.  ‘Smart’ technologies refer to technologies that are capable of generating information (by gathering, transferring, storing, and/or analysing data) and, to some extent, reacting to this information (through various degrees […]

Public-Private Partnership in a Smart City: A Curious Case in Japan

Study by Daniela Pianezzi, Yuji Mori & Shahzad Uddin.  Smart cities have been defined in the literature according to three key criteria: smart technology, smart people and smart collaboration. The third criterion, i.e. “smart collaboration”, the focus of this study, refers to the involvement of a wide variety of stakeholders—including citizens—in the governance of the […]