When and How to Use Public-Private Partnerships in Infrastructure: Lessons From the International Experience

Engel, Eduardo; Fischer, Ronald; Galetovic, Alexander

doi:10.3386/w26766

Cited by 32 publications

(21 citation statements)

References 23 publications

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“…In the case of societal crisis statesmen place the common good above their own interests and actively work to shape the context [Reeves, et al (2018)]. Public-private partnerships continues to be the dominant procurement option, investment in transport PPPs over the last 25 years has been considerable, adding €203 billion in Europe and US$535 billion in developing countries [Engel, et al (2020)]. According to the available data PPP spending accounts for about 3 percent of global infrastructure spending, and 8 percent of private infrastructure spending [Engel et al (2014)].…”

Section: Methodsmentioning

confidence: 99%

Public-Private Partnership in Resolving the COVID-19 Societal Crisis

Vaslavskiy¹,

Vaslavskaya²

2020

Proceedings of the Research Technologies of Pandemic Coronavirus Impact (RTCOV 2020)

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triggered several crises, one of which arose in the social sphere. Societal crisis manifested itself in the growing distrust of ordinary citizens to the state, in the negative consequences for them of the forced restriction of social communication due to the lockdown, and in the understanding of the discrepancy between their own individual values and the generally accepted norms of behavior in society, specified by formal institutions. These social problems have only increased the quality of uncertainty of the post-coronavirus pandemic reality. Against this background, social polarization in society, growing unemployment, poverty and impoverishment of citizens have further increased their negative attitude towards the state and society as a whole. As a result, overcoming the consequences of the societal crisis in national communities has become almost the highest priority. Its solution lies in the gradual restoration of partnerships between society, firms, citizens and the state. The most important place is occupied by public-private partnership in any public sector, including socially significant infrastructure projects. Hence, the priority for the state should be to restore citizens' confidence by creating the more inclusive societal environment, minimizing the negative consequences of the societal crisis. Infrastructure PPP projects can demonstrate the social preferences' public priority. The "institutional matrix" of PPP organizational forms makes it possible to choose conditions for public projects' implementation with the absolute priority of the healthcare system.

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Section: Methodsmentioning

confidence: 99%

Public-Private Partnership in Resolving the COVID-19 Societal Crisis

Vaslavskiy¹,

Vaslavskaya²

2020

Proceedings of the Research Technologies of Pandemic Coronavirus Impact (RTCOV 2020)

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“…In the case of the I-495 agreement, there was no competition, while the I-95 project involved two competing proposals. The lack of interest can be attributed to the large-scale nature and price of these projects; only a few companies are capable of carrying out such projects (Engel et al, 2020). The presence of even one other competitor, as is the case with the I-95 project, can have a significant impact on contract negotiations.…”

Section: Two Transportation Ppp Case Studiesmentioning

confidence: 99%

Structuring Public–Private Partnerships for Public Value: Analysis of Two Transportation Infrastructure Case Studies

Mayer

Yusuf

2022

Public Works Management & Policy

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This study examines PPPs in terms of providing public value and analyzes the structuring of PPP contractual agreements to achieve public values of accountability, transparency, responsibility, responsiveness, and quality. We focus on transportation PPP projects utilizing case studies of the I-495 and I-95 PPP projects in northern Virginia. Review of contractual documents governing the PPPs and analysis of supplemental data related to PPP outcomes is conducted. We examine the creation and maintenance of public value through the process and performance elements of the contractual agreement. Study findings provide insight into how the roles, relationships, and interactions of the public and private partners, reflected in process and performance elements, are incorporated into agreements to ensure public value.

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“…Во взаимодействии бизнеса и государства в течение более чем 30 лет для развития национальной инфраструктуры всё активнее используется государственно-частное партнерство (ГЧП) (public-private partnerships (PPPs). По сравнению с Европейским Союзом в США эта форма только начинает распространяться [Engel E. et al 2020]. Государству становится выгодно инвестировать свой капитал таким способом, поскольку уменьшаются издержки по сопровождению проектов и контрактов, растёт прозрачность их исполнения, сокращаются бюрократические барьеры.…”

Section: государство: надежда или обуза?unclassified

National Infrastructure as a Factor of U.S. Economic Development

2022

USA & Canada: Economics – Politics – Culture

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The economic development of the United States in modern conditions meets many challenges, among which the state of the infrastructure of the economy and the country as a whole is of the greatest importance. Infrastructure determines the sustainability of economic growth, the balanced development of states and territories, strengthens the unity of the country's economic space and the foundations of its competitiveness on the world stage. The article shows how the parameters and content of the infrastructure are changing in the coming century, supplemented by the information and communication component and the growing requirements of environmental protection. All this puts on the agenda the solution of both practical and theoretical issues. On the one hand, huge investments are required for the renewal and development of infrastructure, and on the other -the search and justification of the optimality of the new infrastructure and methods of its measurement.

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When and How to Use Public-Private Partnerships in Infrastructure: Lessons From the International Experience

Abstract: This paper is excellent both as a primer on Public-Private Partnerships (PPP) and as a guide to effective PPP policy design. Engel, Fischer, and Galetovic taught me some basic facts about PPP usage around the world.

Cited by 32 publications

References 23 publications

Public-Private Partnership in Resolving the COVID-19 Societal Crisis

Public-Private Partnership in Resolving the COVID-19 Societal Crisis

Structuring Public–Private Partnerships for Public Value: Analysis of Two Transportation Infrastructure Case Studies

National Infrastructure as a Factor of U.S. Economic Development

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