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Vol 21 No 9 Sept/Oct 2016

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Goode on Commercial Law

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The Routledge Companion to Public-Private Partnerships

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Edited by: Piet de Vries

ISBN13: 9780415781992
Published: February 2013
Publisher: Routledge
Country of Publication: UK
Format: Hardback
Price: £150.00

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A public-private partnership (PPP) is a contractual arrangement with appropriate risk sharing between public and private partners for the delivery of public infrastructure or services, which is intended to create value-for-money to the taxpayer. The Routledge Companion to Public-Private Partnerships provides a cutting-edge survey of the field. PPPs remain a highly controversial subject matter globally and this comprehensive and authoritative volume provides a terrific compendium of information for students and scholars charged with understanding, critiquing and advancing this model. With sections devoted to legal aspects, institutional economics perspectives, finance and accountability - the editors draw together an impressive range of contributors from around the world.

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Part I: General Introduction to Public-Private Partnerships
1. Introduction (Etienne B. Yehoue and Piet de Vries)
2. The Modern Public-Private Demarcation: History of and Trends in PPP (Piet de Vries)

Part II: Law and Public-Private Partnerships
3. Legal Framework for Successful Public-Private Partnerships (Cesar Queiroz and Alejandro Lopez Martinez)
4. National Institutional Setting, Macroeconomic Stability and Public-Private Partnerships (Etienne B. Yehoue)
5. The Institutional Environment for Public-Private Partnerships: The case of Mexico and Brazil (David Bloomgarden and Dennis A. Blumenfeld) ;
Part III: Institutional Economics and Public-Private Partnerships
6. Risk Allocation, Transaction Cost Economics and PPP (Xiao-Hua Jin)
7. Incomplete Contracts and Public-Private Partnerships (Gordon Rausser and Holly Ameden)
8. Is Public-Private Partnerships Obsolete? Assessing the Obstacles and Shortcomings of PPP (Claude Menard)
9. Game Theory and PPP (S. Ping Ho)
10. Corruption and Public- Private Partnerships (Elisabetta Iossa)

Part IV: Financing and Public-Private Partnerships
11. PPPs and Project Finance (E.R Yescombe)

Part V: Public Sector Economics and Public-Private Partnerships
12. Risk Allocation Model (RA Model): The Critical Success Factor for Public- Private Partnerships (G. Girmscheid)
13. Public Budget Norms and PPP: An anomaly (Piet de Vries)

Part VI: Recent Financial Crisis and Public-Private Partnerships
14. Weathering the Financial Crisis: Public-Private Partnerships and the Government Response (Philippe Burger, Justin Tyson, Izabella Karpowicz and Maria Coelho)
15. Financial and Sovereign Debt Crises and PPP Market Structure (Etienne B. Yehoue)

Part VII: Governance of Public-Private Partnerships
16. Partnerships Arrangements in Public-Private Partnerships: Insights from Irish Road Public-Private Partnerships (Istemi Demirag and Richard Burke)
17. On the Perception and Management of Legal Risks in Public-Private Partnerships for Infrastructure (Yiannis Xenidis)

Part VIII: Accountability, Auditing and Assessment of Public-Private Partnerships
18. Accountability and Accounting for PPPs (Ron Hodges)
19. Accountability and Public-Private Partnership Contracts: Un Mariage de Convenance? (Istemi Demirag and Iqbal Kharadoo)
20. Public-Private Partnerships: International Auditing Findings (Ineke Boers, Freek Hoek, Cor van Montfort and Jan Wieles)