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Investigating the Performance of PPP in Major Healthcare Infrastructure Projects: The Role of Policy, Institutions and Contracts

Study by Veronica Vecchi, Niccolò Cusumano & Francesca Casalini. The Italian healthcare system provides an interesting social infrastructure case for examining PPP performance.  Italy has leveraged PPP solutions extensively for the construction and modernization of its hospital network.  Between 2002 and 2014, 21 PPP contracts, worth EUR 2.4 billion, were awarded and a total of […]

Mechanisms for Protecting Returns on Private Investments in Public Infrastructure Projects

Study by Hatice Cigdem Demirel, Wim Leendertse and Leentje Volker. The authors of this paper highlight how the private financing of infrastructure projects has attracted widespread attention but actual empirical work on financing public-private partnerships remains scarce. In particular, the topics of return on equity and lenders’ cash flow control in relation to uncertainty are […]