Review of Industrial Organization (2006) 29:1–2 © Springer 2006 DOI 10.1007/s11151-006-9113-9 a a,b, Jean-Michel Glachant ,Stephane ´ Saussier ADIS, U. of Paris XI Sud, 54 Bd. Desgranges, 92331 Sceaux ATOM, U. of Paris I Sorbonne, 106-112 Bd. De l’ Hospital, ˆ 75013 Paris The papers in this special issue of Review of Industrial Organization origi- nated with a workshop on “Public Private Partnerships” held at the French State Council in Paris, in October 2004. PPPs issues are on the top of the political decision makers’ agendas. In the last couple of decades, PPPs have become increasingly popular in many countries, and a variety of administrative contractual arrangements have been used. Governments have limited ﬁnancial resources to devote to increased capital expenditures and improving public services, and they face restrictions on their ability to raise debt. In order to bridge the gap between the cost of the investments needed and the resources available, and to ensure that the infrastructure and services are delivered as efﬁciently and cost-effectively as possible, Public-Private Partnerships (PPPs) are often presented as one solution. Lying between market and public solutions, PPPs are often viewed as a good way to avoid market and public failures in order
Review of Industrial Organization – Springer Journals
Published: Sep 12, 2006
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