Author | : Raymond E. Levitt |
File Size | : 48,6 Mb |
Publisher | : Edward Elgar Publishing |
Language | : English |
Release Date | : 18 May 2024 |
ISBN | : 9781788973182 |
Pages | : 360 pages |
Public Private Partnerships for Infrastructure Development by Raymond E. Levitt Book PDF Summary
Large infrastructure projects often face significant cost overruns and stakeholder fragmentation. Public-Private Partnerships (PPPs) allow governments to procure long-term infrastructure services from private providers, rather than developing, financing, and managing infrastructure assets themselves. Aligning public and private interests and institutional logics for decades-long service contracts subject to shifting economic and political contexts creates significant governance challenges. We integrate multiple theoretical perspectives with empirical evidence to examine how experiences from more mature PPP jurisdictions can help improve PPP governance approaches worldwide.