The Public Private Partnership (PPP) model has been adopted in more than forty countries around the world. Amidst recurring budgetary constraints and in the absence of a ‘viable alternative’ the global PPP market had been expected to continue to expand unabated. The GFC has nonetheless proven to be a ‘watershed’ for PPP markets. A number of prominent banking institutions have exited the PPP market whilst the increased cost of debt post-2008 has served to reignite the debate on ‘affordability’ and Value for Money (VfM) attainment.This report presents a timely and credible examination of the role of Public Private Partnership (PPP) within the confines of the global infrastructure investment challengewithin what has been a radically transformed financial and economic paradigm. The key findings and recommendations depicit the views and experiences of a diverse range of stakeholder groupings across five key PPP markets namely, Australia, Canada, India, the United Kingdom and the United States.
|Publisher||Royal Institution of Chartered Surveyors|
|Number of pages||88|
|Publication status||Published - 30 Oct 2013|
- Public Private Partnerships
- Infrastructure Investment
Haran, M., McCord, M., Smyth, C., Adair, A., Berry, J., McGreal, S., Hutchison, N., & Kashyap, A. (2013). The Global Infrastructure Challenge: The Role of PPP in a New Financial and Economic Paradigm. Royal Institution of Chartered Surveyors. http://www.rics.org/uk/knowledge/research/research-reports/the-global-infrastructure-challenge/