PPP - Efficiency, Fairness and Quality in Water Management

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    Abstract

    Most economic contributions are focused on efficiency, investment and monopoly profits. Here we use the so called theory of incomplete contracts as a frame of reference and transaction of cost theory to identify cost elements and in this way to find factors which will determine the relative competiveness between PPP and pure public water management. The paper will focus on cases from China with the first from mid - 1990s.There is only one case which can be characterised as a full success (innovation, productivity, cost and quality). In other cases there are successes in some dimensions but failures in other. The conclusion is that we can't say that the PPP in Chinese water and sanitation are sustainable.
    Original languageEnglish
    Title of host publicationInternational Conference. Public - Private Partnerships in Development
    PublisherUniversity of Malaysia
    Publication date2009
    Pages1-19
    Publication statusPublished - 2009
    EventInternational Conference. Public - Private Partnerships in Development - Malaysia, P J Hilton Hotel Kuala Lumpur
    Duration: 1 Jan 2009 → …

    Conference

    ConferenceInternational Conference. Public - Private Partnerships in Development
    CityMalaysia, P J Hilton Hotel Kuala Lumpur
    Period01/01/2009 → …

    Keywords

    • China
    • Water
    • Public Private Partnerships

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