It has been more than a decade since the launch of public-private partnerships (PPPs) in the UK. Since then, the concept has been successfully exported across numerous jurisdictions in Western Europe and beyond. In Central and Eastern Europe (CEE), however, their use remains limited.
In this part of the world privatisation has been – and in some countries continues to be – the most favoured way for governments to make their economy function efficiently. But while for many years this seemed like the only way forward for governments looking to improve public services and infrastructure without additional public spending, in recent years the wave of privatisation has lost momentum. Now governments are looking for new ways to provide vital services to the public.
