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Public–Private Partnerships Policy and Practice

A Reference Guide

image of Public–Private Partnerships Policy and Practice
Public–Private Partnerships Policy and Practice is a comprehensive reference guide on PPP theory and practice for senior policy-makers and other public sector officials in developing countries. The guide focuses on the key lessons learned – and emerging best practice – from successful and failed PPP transactions over the past thirty years.



The guide avoids jargon and explains relevant concepts in non-specialist language. Key points are summarised at the beginning of each section and provide an overall high-level outline. References are provided throughout and at the end of each section to allow the reader to access further information on specific issues.

English

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Key lessons learned and emerging best practices on PPPs

The experience of PPPs in Commonwealth countries shows that successful projects can deliver significant benefits in terms of increased quantity and quality of infrastructure services. Moreover this can be achieved at lower overall cost for customers and taxpayers if suitable incentives are in place for the private partner to deliver efficiency improvements. On the other hand, when PPPs fail, the costs can be high, resulting in protracted and expensive legal disputes and the loss of political support for private sector involvement in infrastructure. Failures can also imply loss of government funding and consequently a decline in spending on other much-needed infrastructure services. In the worst cases, customers may suffer through service disruptions or unaffordable increases in tariffs.

English

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