Added Title

DLSU-AKI Policy Brief 2024-03-027

College

School of Economics

Department/Unit

Economics

Document Type

Policy Brief

Publication Date

3-2024

Place of Publication

DLSU-Angelo King Institute, Room 223, LS building, 2401 Taft Avenue, Manila 0922

Abstract

PUBLIC-PRIVATE Partnerships (PPPs) are long-term contractual arrangements where the private sector provides (builds and sometimes runs) infrastructure assets and services that have traditionally been directly funded by the government, such as hospitals, schools, prisons, roads, bridges, tunnels, railways, and water and sanitation plants, and where there is also some form of risk sharing between the public and the private sector. These arrangements started in the 1990s in developed countries and now many developing countries are trying them.

In this Policy Brief, first, it scrutinized the arguments to justify these contractual arrangements and the available evidence about their proclaimed benefits. Then we discuss Philippine PPPs.

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