How I Learned to Stop Worrying and Love (Certain) Public-Private Partnerships
In 2012, The Economist penned an obituary for the Public-Private Partnership (PPP). The headline: ‘RIPPP’. Eight years later however PPPs are very much alive and the appetite for them has not slowed in spite of high-profile scandals and debates about the commodification of public infrastructure.
PPPs, while diverse and increasingly complex, can most easily be thought of as a long-term contract between a public agency and a private party to execute or operate a project.