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Public-Private Partnerships and Public-Private Value Trade-Offs

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  • Guðrið Weihe

Abstract

Public-private partnerships (PPPs) are playing an increasingly important role in infrastructure policies in many countries. This article reflects on the extent to which PPPs deliver public value. The article also distinguishes between material and procedural public values, and suggests that there may be an inherent contradiction between achieving material value while at the same time safeguarding procedural public values in PPPs.

Suggested Citation

  • Guðrið Weihe, 2008. "Public-Private Partnerships and Public-Private Value Trade-Offs," Public Money & Management, Taylor & Francis Journals, vol. 28(3), pages 153-158, June.
  • Handle: RePEc:taf:pubmmg:v:28:y:2008:i:3:p:153-158
    DOI: 10.1111/j.1467-9302.2008.00637.x
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    Cited by:

    1. Gordon, Cameron & Mulley, Corinne & Stevens, Nick & Daniels, Rhonda, 2013. "Public–private contracting and incentives for public transport: Can anything be learned from the Sydney Metro experience?," Transport Policy, Elsevier, vol. 27(C), pages 73-84.
    2. Miranda Sarmento, J. & Renneboog, L.D.R., 2014. "Public-Private Partnerships : Risk Allocation and Value for Money," Other publications TiSEM b9218010-a357-4c0a-805a-7, Tilburg University, School of Economics and Management.
    3. Rhys Andrews & Marc Esteve & Tamyko Ysa, 2015. "Public-private joint ventures: mixing oil and water?," Public Money & Management, Taylor & Francis Journals, vol. 35(4), pages 265-272, July.
    4. Gordon, Cameron & Mulley, Corinne & Stevens, Nick & Daniels, Rhonda, 2013. "How optimal was the Sydney Metro contract?: Comparison with international best practice," Research in Transportation Economics, Elsevier, vol. 39(1), pages 239-246.
    5. Chung, Demi & Hensher, David A. & Rose, John M., 2010. "Toward the betterment of risk allocation: Investigating risk perceptions of Australian stakeholder groups to public-private-partnership tollroad projects," Research in Transportation Economics, Elsevier, vol. 30(1), pages 43-58.
    6. Ampratwum, Godslove & Osei-Kyei, Robert & Tam, Vivian W.Y., 2022. "Exploring the concept of public-private partnership in building critical infrastructure resilience against unexpected events: A systematic review," International Journal of Critical Infrastructure Protection, Elsevier, vol. 39(C).
    7. Fawzia FARZANA, 2019. "Adoption of Affordability and Sustainability Issues in Slum Rehabilitation through PPP in Dhaka, Bangladesh," RAIS Journal for Social Sciences, Research Association for Interdisciplinary Studies, vol. 3(2), pages 29-39, November.
    8. Thanos Papadopoulos, 2012. "Public–Private Partnerships from a Systems Perspective: A Case in the English National Health Service," Systems Research and Behavioral Science, Wiley Blackwell, vol. 29(4), pages 420-435, July.
    9. Meynhardt, Timo & von Müller, Camillo, 2013. "„Wir wollen Werte schaffen für die Gesellschaft“ – Der Public Value im Spannungsfeld zwischen Aktienwert und Gemeinwohl. Eine Fallstudie am Beispiel der Deutsche Börse AG," ZögU - Zeitschrift für öffentliche und gemeinwirtschaftliche Unternehmen, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 36(2-3), pages 119-149.
    10. Ole Helby Petersen, 2010. "Regulation of public--private partnerships: the Danish case," Public Money & Management, Taylor & Francis Journals, vol. 30(3), pages 175-182, May.

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