A global phenomenon
As governments across the world look for ways to improve the provision of public services, public-private partnerships have become an increasingly attractive option. But will they encounter the same problems as the UK? asks Werner Runge
Public-private partnership (PPP) is now a truly global phenomenon that has spread across continents and through developed and transitional economies. Political and economic factors are forcing governments across the world to look outside the public sector for new and more efficient ways of providing public assets and services. With the suitability of the classic privatisation model not politically viable in many nations, PPP is increasingly seen as the best way of levering private sector finance and expertise into the public arena.
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