“This paper examines risks affecting Private-Public Partnership (PPP) projects in road infrastructure and the ways of sharing risk between the two partners. It provides a comprehensive typology of risks and, most importantly, attempts to identify PPP-specific risks or risks more likely to arise under a PPP arrangement than under traditional financing or complete privatization. The paper assesses the U.S. experience in the use of PPPs for road infrastructure and identifies the most important risk-factors.”
✴︎ Available only with purchase from publisher “The intensification of cross-sector collaboration phenomena has occurred in multiple fields of action. Organizations in the private, public, and social sectors are working together to tackle society’s most wicked problems. Some success has resulted in a generalized belief…
✴︎ Available with free registration “The concept of public-private partnership (PPP) in higher education is clarified in the article as a mechanism for the formation of the human capital added value. PPP is considered as a set of organizational forms of long-term economic relations between state…
“Private capital has become a significant feature of infrastructure public-private partnerships (PPPs) on the premise that it incentivizes diligent risk management among private partners. This paper evaluates this claim by examining the PPP programme in Ontario, Canada, where the amount of long-term private capital in…
“Social impact bonds, a recent innovation in social finance, are designed to harness capital and knowledge from private nonprofit, for‐profit, and public entities to address pressing social problems. Although there is great policy interest in understanding how social impact bonds can be used to tackle…
“The public-private food assistance system (PPFAS) emerged during the 1970s to address ‘emergency’ food needs and has since grown into a regularized social welfare system of grocery and meal provision and related program delivery, realized through the collective efforts of organizations and individuals. We explore…
“The public pays for and provides an incredible amount of data to governments and companies. Yet much of the value of this data is being wasted, remaining in silos rather than being shared to enhance the common good—whether it’s helping governments to stop opioid addiction…
“In our latest City Accelerator guide, ‘Resilience, Equity, and Innovation,’ we share the tools and processes four cities, Pittsburgh, Saint Paul, San Francisco and Washington D.C., explored in an effort to increase equity and fund infrastructure. With new approaches to managing public resources, these cities…
“It’s still early days for governments experimenting with pay-for-success (PFS) projects, in which governments ask private funders to foot the bill for social programs, and then agree to repay those funders if the programs achieve agreed-on results. As public budgets tighten and social challenges remain…
“From climate change to terrorism, the difficulties confronting policy makers are unprecedented in their variety, but also in their complexity. Our existing policy tool kit seems stale and outdated. Increasingly, it is clear, we need not only new solutions but also new methods for arriving…
“To mitigate negative impacts and anticipate opportunities arising from high levels of global migration, we need a better understanding of the various factors contributing to the international movement of people and how they work together. Data—specifically, the widely dispersed data sets that exist across governments,…