Private Public Partnerships – Fundamentals

Governments at all levels, State, local and Federal, are facing huge demands for infrastructure and other capital investment while tax revenues and public borrowings lag far behind what is necessary. Many of these bodies see a panacea in public private partnerships where the private sector invests its resources and the public enjoys the benefits without the upfront cost. But is it a realistic expectation that the private sector will engage with the public on such projects? What does it take for a public private partnership to work? What is a public private partnership anyway?

We will discuss:
1. What are they?
2. Why do they exist?
3. How do they function?
4. Where have they worked?

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