Archives

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 […]

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.  […]