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Changing reasons for public private partnerships

McQuaid, Ronald W; Scherrer, Walter


Ronald W McQuaid

Walter Scherrer


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


McQuaid, R. W., & Scherrer, W. (2010). Changing reasons for public private partnerships. Public Money and Management, 30, 27-34.

Journal Article Type Article
Online Publication Date Dec 10, 2009
Publication Date 2010
Deposit Date May 3, 2011
Print ISSN 0954-0962
Electronic ISSN 1467-9302
Publisher Routledge
Peer Reviewed Peer Reviewed
Volume 30
Pages 27-34
Keywords Public-Private partnerships; micr-economics; macro-economic benefits; efficiency gains; international accounting standards;
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