Description
Book SynopsisThis timely book questions the premise that Public-Private Partnerships (PPPs) have a performance advantage over traditionally procured projects, an assumption that motivates policymakers worldwide to enter into such contracts. Taking stock of novel research comparing the differences in performance between PPP and traditionally procured infrastructure projects and services, the chapters in this book thoughtfully scrutinise this supposed advantage.
Adopting a quasi-experimental design, the book advances the evidence base on the performance advantage of PPPs. Insightful contributions from renowned scholars undertake an in-depth investigation of three key performance dimensions: cost, time, and service quality. Broad in scope, studies span countries in Asia, Europe, and South America, as well as a diverse range of policy sectors, including transport, healthcare, road safety, education, and sporting facilities. This comprehensive assessment produces several conclusions, but ultimately determines that evidence for a cost performance advantage remains mixed, while PPPs are proven to clearly outperform traditional alternatives in terms of time and service quality.
Empirical in focus and spanning multiple policy sectors, this incisive book will be an invaluable resource not only for PPP scholars, but also for researchers and practitioners involved in public administration, public management and policy, and infrastructure planning and delivery worldwide.
Trade Review‘Verweij, van Meerkerk and Casady have produced the definitive volume on a question that has haunted infrastructure delivery for decades: Do public-private partnerships offer real performance advantages relative to traditional delivery? This book provides insightful, applicable answers. Anyone – both scholars and practitioners – wishing to better understand that compelling question should use this as their standard reference.’ -- Rick Geddes, Cornell University, US
‘In this inspiring volume, a great selection of well-known scholars tackle the most challenging question about PPPs in a convincing way: are public private partnerships indeed better than traditional procurement in terms of delivering on time, on cost and with good service quality? Studying cases from different continents and a range of relevant sectors with sound methodologies, this volume is a must-read for students and scholars studying PPPs, but also for practitioners and policy makers who want to go beyond the rhetoric and beliefs about the performance advantage of PPPs when deciding upon the best way of delivering economic or social infrastructure to society.’ -- Koen Verhoest, University of Antwerp, Belgium
‘The global expansion of public-private partnership (PPP) infrastructure projects warrants careful performance assessment. This book addresses this timely topic and offers a highly useful framework for understanding the performance challenges of PPPs. Covering empirical experiences across three continents, this well-structured book is indispensable reading for PPP researchers and practitioners alike.’ -- Ole Helby Petersen, Roskilde University, Denmark
Table of ContentsContents: Preface xii List of abbreviations xiv 1 The performance advantage of public-private partnerships: does it exist or not? 1 Stefan Verweij, Ingmar van Meerkerk, and Carter B. Casady 2 The passage of time permits another sober reflection: this time on the performance evaluation challenge 27 Graeme Hodge and Carsten Greve 3 From the hypothetical to reality: an analysis of ex-ante and ex-post VfM in Irish PPP schools 51 Cian O’Shea, Dónal Palcic, and Eoin Reeves 4 PPP hospitals in Portugal: what does benchmarking tell us about their relative performance? 75 Diogo Cunha Ferreira, Rui Cunha Marques, Maria Isabel Pedro, and Gonçalo Santos 5 Addressing the performance advantages of PPPs in comparison to traditional public procurement and strictly private provision: evidence from sports stadiums built for the 2014 FIFA World Cup in Brazil 102 Claudio José Oliveira dos Reis and Sandro Cabral 6 A mixed-methods comparison of the performance of Dutch PPP and non-PPP infrastructure projects 131 Ingmar van Meerkerk, Mike Duijn, Rianne Warsen, Stefan Verweij, Erik-Hans Klijn, Joop Koppenjan, and Samantha Metselaar 7 The performance of PPP and publicly procured road projects: evidence from India 156 Akash Deep, Mojahedul Islam Nayyer, and Thillai Rajan A. 8 Evaluation of the safety performance of PPPs versus publicly funded and managed motorways in Spain 184 Daniel Albalate, Germà Bel, and Paula Bel-Piñana 9 Conclusions about the performance advantage of PPPs 206 Carter B. Casady, Stefan Verweij, and Ingmar van Meerkerk Index
