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Better Regulation of Public-Private Partnerships for Transport Infrastructure: Summary and Conclusions

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  • Stephen Perkins

    (OECD)

Abstract

This report is based on discussions at an International Transport Forum Roundtable convened in September 2012 to review experience with the regulation of public private partnerships (PPPs) in the transport sector. Conclusions from the debate are developed with reference to the literature, particularly in relation to managing the risks associated with forecasting traffic. The report focuses on actuarial, structural and behavioural approaches to improving the regulation of PPPs and containing liabilities created by PPPs for public finance. It also examines the potential for private financing of infrastructure by treating packages of transport projects as regulated utilities. The report aims to clarify the objectives of PPPs, their impact on public finance and the different types of risk that need to be managed.

Suggested Citation

  • Stephen Perkins, 2013. "Better Regulation of Public-Private Partnerships for Transport Infrastructure: Summary and Conclusions," International Transport Forum Discussion Papers 2013/6, OECD Publishing.
    • Handle: RePEc:oec:itfaab:2013/6-en
    DOI: 10.1787/5k46n41s7347-en
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    Cited by:

    1. Yarmukhamedov, Sherzod & Smith, Andrew S.J. & Thiebaud, Jean-Christophe, 2020. "Competitive tendering, ownership and cost efficiency in road maintenance services in Sweden: A panel data analysis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 136(C), pages 194-204.
    2. Elisa Van Waeyenberge, 2016. "The private turn in development finance," Working papers wpaper140, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
    3. Hristina Nikolova, 2017. "Opportunities for Encouraging the Railway Infrastructure Investments through Application of Public-Private Partnerships," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 82-112.
    4. Xu, Meng & Grant-Muller, Susan & Gao, Ziyou, 2015. "Evolution and assessment of economic regulatory policies for expressway infrastructure in China," Transport Policy, Elsevier, vol. 41(C), pages 42-49.

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