Public-private partnerships as collaborative projects: testing the theory on cases from EU and Russia

Vinogradov, D. and Shadrina, E. (2018) Public-private partnerships as collaborative projects: testing the theory on cases from EU and Russia. International Journal of Public Administration, 41(5-6), pp. 446-459. (doi: 10.1080/01900692.2018.1426012)

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How do public-private partnerships (PPPs) differ from traditional public procurement and what role should governments play in them? This article views PPPs as collaborative projects with imperfect information between parties. Typical public procurement contracts tackle asymmetric information problems yet limit feasibility of projects: some are not profitable enough to ensure private party participation. Partnership improves feasibility; this justifies PPPs as a form of public good provision and demonstrates how they differ from procurement. Four UK and Russian cases of PPP projects are analyzed within the above framework, focusing on types of contracts, contributions of both partners, and specific partnership elements.

Item Type:Articles
Additional Information:This work has been funded by the Russian Academic Excellence Project “5-100.”
Glasgow Author(s) Enlighten ID:Vinogradov, Professor Dmitri
Authors: Vinogradov, D., and Shadrina, E.
College/School:College of Social Sciences > Adam Smith Business School > Accounting and Finance
Journal Name:International Journal of Public Administration
Publisher:Taylor & Francis
ISSN (Online):1532-4265
Published Online:16 January 2018
Copyright Holders:Copyright © 2018 Taylor and Francis Group, LLC
First Published:First published in International Journal of Public Administration 41(5-6):446-459
Publisher Policy:Reproduced in accordance with the publisher copyright policy

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