The Economics of Public-Private Partnerships Theoretical and Empiric
This book investigates the economic decisions behind the implementation of public-private partnerships (PPPs). The first part of the book discusses different forms of public procurement contracts, in particular in France and the UK, and provides an e
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e Economics of Public-Private Partnerships Theoretical and Empirical Developments
The Economics of Public-Private Partnerships
Ste´phane Saussier • Julie de Brux Editors
The Economics of Public-Private Partnerships Theoretical and Empirical Developments
Editors Ste´phane Saussier IAE Sorbonne Business School Paris, France
Julie de Brux IAE Sorbonne Business School Paris, France CITIZING Paris, France
ISBN 978-3-319-68049-1 ISBN 978-3-319-68050-7 https://doi.org/10.1007/978-3-319-68050-7
(eBook)
Library of Congress Control Number: 2017959881 Translation from the French language edition: E´conomie des partenariats public-prive´, © De Boeck 2015. All Rights Reserved. © Springer International Publishing AG 2018 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Printed on acid-free paper This Springer imprint is published by Springer Nature The registered company is Springer International Publishing AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Foreword
The history of partnerships between the public and private sectors for providing public services goes as far back as the history of the public sector itself. Broadly speaking, the first experiences of public–private partnerships on record date back to antiquity. Ever since then, and at every stage of a country’s, a region’s, or a city’s history, when the choice of such a partnership has been made, it has been the result of various factors which are now well documented. Such a choice has ensued from expected constraints (most often financing constraints, either private or public. But often they have also been the result of constraints associated with public access to certain technologies or skills), from preferences (out of political or operational pragmatism, or as a result of ideology), from the rejection of the most extreme production methods (either purely private or pu
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