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A Review of the PPP Experience in Ireland: Lessons for Comparative Policy Analysis
- Source :
- Journal of Comparative Policy Analysis: Research and Practice. 17:467-480
- Publication Year :
- 2015
- Publisher :
- Informa UK Limited, 2015.
-
Abstract
- This paper examines the motivations for and performance of public–private partnerships in Ireland. PPPs were first used in the early 2000s in response to the urgent infrastructural needs of the rapidly growing Irish economy. Since the global financial crisis, the use of PPPs has been driven by the desire to deliver economic stimulus by means of off-balance-sheet financing. PPPs have made an appreciable contribution to public investment in Ireland. However, there is a scarcity of data on the performance of PPP in terms of delivering value for money (VFM). This paper questions the reliability of official data that generally indicates PPP has succeeded in delivering superior VFM compared to traditional procurement methods.
- Subjects :
- Finance
Public investment
Stimulus (economics)
Public Administration
Sociology and Political Science
Public economics
business.industry
media_common.quotation_subject
Policy analysis
language.human_language
Scarcity
Procurement
Irish
Value for money
Financial crisis
Economics
language
business
media_common
Subjects
Details
- ISSN :
- 15725448 and 13876988
- Volume :
- 17
- Database :
- OpenAIRE
- Journal :
- Journal of Comparative Policy Analysis: Research and Practice
- Accession number :
- edsair.doi...........66703006dfd38ebf78f04564cd39f3f3