INSPIRING FUTURES

Changing reasons for public private partnerships.

McQuaid, Ronald W and Scherrer, Walter (2010) Changing reasons for public private partnerships. Public Money and Management, 30 (1). pp. 27-34. ISSN 0954-0962

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Abstract/Description

This article considers the micro- and macro-economic benefits and costs of PPPs and some implications of implementing new international accounting standards. If public sector financial costs are forced to move 'on balance sheet', then there are likely to be impacts on the use in PPPs by governments and other public bodies. This may move the basis of PPP choice towards a more level playing-field with other financing sources, potentially give a more realistic measure of future public commitments and liabilities and reduce incentives to use PPPs for budget enlargement. There may be a refocusing upon the potential efficiency gains of PPPs and a reduction in their use, in some cases

Item Type: Article
Print ISSN: 0954-0962
Electronic ISSN: 1467-9302
Uncontrolled Keywords: Public-Private partnerships; micr-economics; macro-economic benefits; efficiency gains; international accounting standards;
University Divisions/Research Centres: Edinburgh Napier University, Employment Research Institute
Dewey Decimal Subjects: 300 Social sciences > 330 Economics > 336 Public finance
Library of Congress Subjects: H Social Sciences > HJ Public Finance
Item ID: 4391
Depositing User: Mrs Lyn Gibson
Date Deposited: 03 May 2011 13:19
Last Modified: 10 Dec 2012 15:28
URI: http://researchrepository.napier.ac.uk/id/eprint/4391

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