The Routledge Companion to Public-Private Partnerships Routledge Companions in Business, Management and Marketing Series

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.

Part I: General Introduction to Public-Private Partnerships 1. Introduction 2. The Modern Public-Private Demarcation: History of and Trends in PPP Part II: Law and Public-Private Partnerships 3. Legal Framework for Successful Public-Private Partnerships 4. National Institutional Setting, Macroeconomic Stability and Public-Private Partnerships 5. The Institutional Environment for Public-Private Partnerships: The case of Mexico and Brazil Part III: Institutional Economics and Public-Private Partnerships 6. Risk Allocation, Transaction Cost Economics and PPP 7. Incomplete Contracts and Public-Private Partnerships 8. Is Public-Private Partnerships Obsolete? Assessing the Obstacles and Shortcomings of PPP 9. Game Theory and PPP 10. Corruption and Public- Private Partnerships Part IV: Financing and Public-Private Partnerships 11. PPPs and Project Finance Part V: Public Sector Economics and Public-Private Partnerships 12. Risk Allocation Model (RA Model): The Critical Success Factor for Public- Private Partnerships 13. Public Budget Norms and PPP: An anomaly Part VI: Recent Financial Crisis and Public-Private Partnerships 14. Weathering the Financial Crisis: Public-Private Partnerships and the Government Response 15. Financial and Sovereign Debt Crises and PPP Market Structure Part VII: Governance of Public-Private Partnerships 16. Partnerships Arrangements in Public-Private Partnerships: Insights from Irish Road Public-Private Partnerships 17. On the Perception and Management of Legal Risks in Public-Private Partnerships for Infrastructure Part VIII: Accountability, Auditing and Assessment of Public-Private Partnerships 18. Accountability and Accounting for PPPs 19. Accountability and Public-Private Partnership Contracts: Un Mariage de Convenance? 20. Public-Private Partnerships: International Auditing Findings

Piet de Vries is Assistant Professor of Accounting and Finance at The University of Twente, the Netherlands

Etienne B. Yehoue is a Senior Financial Economist with the International Monetary Fund, USA