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 economic analysis of the potential advantages and pitfalls of public-private partnerships. This exploration of PPPs’ efficiency also includes an examination of the financing conditions of public procurements, as well as regulatory requirements. By reviewing empirical studies on PPPs, the second part of the book compares their advantages over purely public solutions and offers practical guidance on their implementation. Practitioners will also learn best practices on how to involve stakeholders in calls for bids.
Table of Content
1. Introduction PPPs: a diversity of contractual arrangements.- PART 1 Definitions, Scope and Economic Analysis of PPPs.- 2. An economic analysis of public-private partnerships.- 3. Regulatory instruments for public-private partnerships.- 4. The evolution of financing conditions for PPP contracts: still a private financing model?.- PART 2. An empirical analysis of PPPs.- 5. The relative efficiency of competitive tendering.- 6. Renegotiating PPP contracts: opportunities and pitfalls.- 7. Comparative performances of delivery options : empirical lessons.- 8. Horizontal and vertical agreements in PPPs.
About the author
Stéphane Saussier is a Professor of Economics at the IAE de Paris, Université de Paris 1 Panthéon Sorbonne where he has held a research chair in the economics of public-private partnerships since 2009. He has published over 50 articles, many of which in international journals. He worked for several years as a scientific adviser at the Conseil d’Analyse Economique (Council of Economic Analysis), a body attached to the Prime Minister. He is also regularly called on as an independent expert to international organizations such as the OECD or the European Parliament.
Julie de Brux holds a Ph D in Economics and she is an associate research fellow at the research chair in economics of public-private partnerships, Sorbonne Business School. She is also a member of the Business Advisory Board on PPPs at the United Nations Economic Commission for Europe. As a practitioner, she worked during more than 10 years in the construction industry and in international organisations on improving the collective efficiency of PPPs. For two years now, she has been head of the practice on socio-economic evaluation of public investment and policies at Citizing. She has worked in more than 10 countries.
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