Governance in Public-Private Partnerships for Infrastructure Development
Article from: TDM 2 (2007), in Infrastructure Investment & Dispute Management
This article was prepared in collaboration with experts of the Public Private Partnership (PPP) Alliance of the United Nations Economic Commission for Europe (UNECE), an organization that has been working with PPPs since the 1990s and that was a pioneer in creating the basic building blocks of PPPs. PPPs are becoming increasingly commonplace for infrastructure development. However, during the course of their development and operation, such projects frequently encounter problems resulting from a lack of governance, which decreases the benefits - fiscal, social and economic etc. - ...