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The Global Infrastructure Challenge: The Role of PPP in a New Financial and Economic Paradigm

Haran, M, McCord, M, Smyth, C, Adair, A, Berry, J, McGreal, S, Hutchison, N and Kashyap, A (2013) The Global Infrastructure Challenge: The Role of PPP in a New Financial and Economic Paradigm. Royal Institution of Chartered Surveyors (RICS). Royal Institution of Chartered Surveyors (RICS). 88 pp. [Research report (external)]

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URL: http://www.rics.org/uk/knowledge/research/research-reports/the-global-infrastructure-challenge/

Abstract

The Public Private Partnership (PPP) model has been adopted in more than forty countries around the world. Amidst recurring budgetary constraints and in the absence of a ‘viable alternative’ the global PPP market had been expected to continue to expand unabated. The GFC has nonetheless proven to be a ‘watershed’ for PPP markets. A number of prominent banking institutions have exited the PPP market whilst the increased cost of debt post-2008 has served to reignite the debate on ‘affordability’ and Value for Money (VfM) attainment.This report presents a timely and credible examination of the role of Public Private Partnership (PPP) within the confines of the global infrastructure investment challengewithin what has been a radically transformed financial and economic paradigm. The key findings and recommendations depicit the views and experiences of a diverse range of stakeholder groupings across five key PPP markets namely, Australia, Canada, India, the United Kingdom and the United States.

Item Type:Research report (external)
Keywords:Public Private Partnerships Infrastructure Investment
Faculties and Schools:Faculty of Art, Design and the Built Environment
Faculty of Art, Design and the Built Environment > School of the Built Environment
Research Institutes and Groups:Built Environment Research Institute > Centre for Research on Property and Planning (RPP)
Built Environment Research Institute
ID Code:28190
Deposited By: Prof Martin Haran
Deposited On:03 Jan 2014 10:19
Last Modified:03 Jan 2014 10:19

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