PUBLIC–PRIVATE PARTNERSHIPS AND PUBLIC GOVERNANCE CHALLENGES
Public-private partnerships (PPPs) come in many different institutional forms, including those which use private finance and create long-term contracts for public infrastructure projects. This chapter reviews briefly the empirical experience with infrastructure PPPs in the OECD countries. The chapter then proceeds to examine what kinds of challenges PPPs pose to the theory and practice of public governance. In the discussion there is special emphasis on consequences of PPPs for democratic governance and for the prospect of genuine collaboration between the public sector and the private sector in the future.