The Global Infrastructure Challenge: The Role of PPP in a New Financial and Economic Paradigm

M Haran, M McCord, C Smyth, A Adair, J Berry, S McGreal, N Hutchison, A Kashyap

Research output: Book/ReportCommissioned report

Abstract

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.
Original languageEnglish
Number of pages88
Publication statusPublished - 30 Oct 2013

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Keywords

  • Public Private Partnerships
  • Infrastructure Investment

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