The Challenge of Public–Private Partnerships 2005
DOI: 10.4337/9781845428082.00007
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The public-private interface: surveying the history

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Cited by 35 publications
(30 citation statements)
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“…Yet due to their focus on risk transfer and a heavily contractual principal-agent relationship, infrastructure PPPs tend to lack any meaningful collaboration, risk sharing, and coproduction between the public and private sectors. In fact, some have been critical of whether infrastructure PPPs should actually be considered 'partnerships' at all (Klijn and Teisman 2005;Wettenhall 2005). In contrast, the structure of a joint venture PPP is fundamentally different from long-term infrastructure contracting.…”
Section: Joint Venture Public-private Partnershipsmentioning
confidence: 91%
“…Yet due to their focus on risk transfer and a heavily contractual principal-agent relationship, infrastructure PPPs tend to lack any meaningful collaboration, risk sharing, and coproduction between the public and private sectors. In fact, some have been critical of whether infrastructure PPPs should actually be considered 'partnerships' at all (Klijn and Teisman 2005;Wettenhall 2005). In contrast, the structure of a joint venture PPP is fundamentally different from long-term infrastructure contracting.…”
Section: Joint Venture Public-private Partnershipsmentioning
confidence: 91%
“…39 Undertaking research to that end is facilitated by the fact that mixed forms of ownership have existed for many centuries and there has always been some degree of cooperation between the public sector and the private sector, 40 and in all aspects of society, not just in commerce -the widespread employment of mercenaries by European states and kings in the Middle Ages being an obvious example. Wettenhall argues that both the British and Spanish empires were built upon public-private enterprises, 41 like the (British) East India Company, a privately owned organisation chartered by the Crown which had strong governmental interest in the trade it developed; and there are numerous other examples of private contracting in the public sphere, such as the private cleaning of public street lamps in eighteenthcentury Britain and the private railways of the nineteenth century. 42 When CGPP was formed in 1759, the intended duration of the partnership was 20 years, with a possible extension to 30.…”
Section: Business History 1145mentioning
confidence: 98%
“…PPPs are not necessarily new because they involve the private sector in the delivery of public services—this has been common for ages (Wettenhall, ). What makes PPPs different from earlier forms of private‐sector involvement is that they bring in new financial actors, resources, tools and engineering.…”
Section: Public–private Partnerships Perceptions Of Value and Designmentioning
confidence: 99%