Public-Private Partnerships to Revamp U.S. Infrastructure
- Brookings Institute
- Eduardo Engel, Ronald Fischer, and Alexander Galetovic
- 2011
“Public-private partnerships are often touted as a ‘best-of-both-worlds’ alternative to public provision and privatization. But in practice, they have been dogged by contract design problems, waste, and unrealistic expectations. Governments sometimes opt for a public-private partnership, for example, because they mistakenly believe that it offers…