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Empirical PPP Experiences in Europe: National Variations of a Global Concept

  • Gerhard Hammerschmid and Tamyko Ysa Global diffusion of an Anglo-Saxon concept The idea of public–private partnership (PPP) as a model for public procurement and financing public investments arrived on a wave of public management modernization issues in the early 1990s in Europe and was first implemented on a broader basis in the UK under the Private Finance Initiative (PFI). A European Investment Bank (2007) report clearly shows that the UK is still a forerunner in terms of both number of PPP projects and volume. Out of a cumulative value of €194.7 billion that has been signed up until the end of 2006, the UK accounts for 57.7 per cent. However, it is also clear that the UK market is maturing (e.g. Ysa, 2007), whereas the rest of the European PPP market is growing. International organizations such as the World Bank, the OECD and the International Monetary Fund, together with multinational professional companies (e.g. PwC, 2005; Deloitte, 2006a, 2006b; DLA Piper, 2007; Ernst & Young, 2008), played an important role in the international diffusion of PPPs both as promoters and as knowledge carriers. Within Europe especially, the European Commission has given a strong impetus in a similar form when launching a Green Paper on PPPs in 2004 (European Commission, 2004). PPPs have raised high expectations among scholars, governments and practitioners in Europe alike. They are seen as ‘a new generation of management reforms’ (Pollitt, 2003, p. 53) and have found their way into many government programmes throughout Europe. The German federal...(Publishers information)

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Metadaten
Document Type:Part of a Book
Language:English
Author(s):Gerhard HammerschmidORCiD, Ysa Tamyko
Editor(s):Hodge Graeme, Carsten Greve, Anthony E. Boardman
Parent Title (English):International Handbook on Public-Private-Partnerships
Publisher:Elgar Publ.
Place of Publisher:Cheltenham [u.a.]
Publication year:2010
First Page:333
Last Page:353
ISBN:9781848443563
Release Date:2014/11/26
Notes:
Available as print in your Hertie Library.

Als Druckversion in der Hertie Bibliothek verfügbar.
Licence of document (German):Metadaten / metadata
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