Archives

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 […]

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 […]

Article by Jonathan L. Gifford, Lisardo A. Bolaños, Nobuhiko Daito & Carter B. Casady. The frequency of renegotiations in PPPs, especially in Latin America and Europe, has attracted attention from policymakers, scholars, and the public alike.  Renegotiations broadly refer to any ex-post modifications in the PPP contract, and the outcomes of these renegotiations may include […]

Article by Jianfeng Zhao, David Greenwood, Niraj Thurairajah, Henry J. Liu, and Richard Haigh. Value for Money (VFM) assessment has become a major component of the PPP procurement process in both mature and emerging economies (e.g., UK, Australia and South Africa).  Notwithstanding it’s widespread application, VFM assessment is much criticised in the PPP literature.  This […]

Article by Wei Xiong,Huanming Wang, Carter B. Casady and Yilong Han. The incomplete nature of PPP contracts makes it likely that parties will renegotiate ex post so that the governance of PPP projects can adapt to the complexity and uncertainty of the project life cycle.  However, the academic literature on PPP – which largely focuses […]

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 […]

Article by Moritz Liebe & David Howarth This paper focuses on the important role of the European Investment Bank (EIB) in the European Union’s promotion of Public-Private Partnerships (PPPs).  The EIB as the EU’s main lending body has provided senior debt to PPP-like projects since the late 1980s and is regarded as one of the […]

Article by Anthony M. Bertelli, Valentina Mele, Andrew B. Whitford. This article addresses the question of the failure of infrastructure PPPs.  It addresses two main research questions.  What defines failure for infrastructure PPPs? What conditions make failure more likely? The authors distinguish between failure of projects as a state condition and the sources of risk […]

This paper provides an in-depth analysis of the performance of PPP projects in the Netherlands.  It concentrates on Dutch road and waterway infrastructure projects governed by DBFM contracts and evaluates ex-post realized PPP performance compared to traditional procurement.  The chosen performance criteria are cost, time, quality, and innovation.  The article also evaluates five dominant explanations […]