The Economics of Public-Private Partnerships : Theoretical and Empirical Developments

This book investigates the economic decisions behind the implementation of public-private partnerships (PPPs). The first part of the book discusses different forms of public procurement contracts, in particular in France and the UK, and provides an economic analysis of the potential advantages and pitfalls of public-private partnerships. This exploration of PPPs' efficiency also includes an examination of the financing conditions of public procurements, as well as regulatory requirements. By reviewing empirical studies on PPPs, the second part of the book compares their advantages over purely public solutions and offers practical guidance on their implementation. Practitioners will also learn best practices on how to involve stakeholders in calls for bids.-- Provided by publisher Front Matter ....Pages i-ix Introduction: The Economics of Public–Private Partnerships (Julie de Brux, Stéphane Saussier)....Pages 1-13 Front Matter ....Pages 15-15 An Economic Analysis of Public–Private Partnerships (Jean Beuve, Stéphane Saussier, Julie de Brux)....Pages 17-38 Regulatory Instruments for Public–Private Partnerships (Lisa Chever, Aude Le Lannier)....Pages 39-77 The Evolution of Financing Conditions for PPP Contracts: Still a Private Financing Model? (Frédéric Marty)....Pages 79-109 Front Matter ....Pages 111-111 The Relative Efficiency of Competitive Tendering (Laure Athias, Lisa Chever)....Pages 113-133 Renegotiating PPP Contracts: Opportunities and Pitfalls (Jean Beuve, Aude Le Lannier, Zoé Le Squeren)....Pages 135-162 Comparative Performances of Delivery Options: Empirical Lessons (Miguel Amaral, Eshien Chong, Stéphane Saussier)....Pages 163-201 Horizontal and Vertical Agreements in PPPs (John Moore, Carine Staropoli)....Pages 203-240 "This book investigates the economic decisions behind the implementation of public-private partnerships (PPPs). The first part of the book discusses different forms of public procurement contracts, in particular in France and the UK, and provides an economic analysis of the potential advantages and pitfalls of public-private partnerships. This exploration of PPPs' efficiency also includes an examination of the financing conditions of public procurements, as well as regulatory requirements. By reviewing empirical studies on PPPs, the second part of the book compares their advantages over purely public solutions and offers practical guidance on their implementation. Practitioners will also learn best practices on how to involve stakeholders in calls for bids"--Back cover Annotation This book investigates the economic decisions behind the implementation of public-private partnerships (PPPs). The first part of the book discusses different forms of public procurement contracts, in particular in France and the UK, and provides an economic analysis of the potential advantages and pitfalls of public-private partnerships. This exploration of PPPs' efficiency also includes an examination of the financing conditions of public procurements, as well as regulatory requirements. By reviewing empirical studies on PPPs, the second part of the book compares their advantages over purely public solutions and offers practical guidance on their implementation. Practitioners will also learn best practices on how to involve stakeholders in calls for bids