Affiliation:
1. Department of Economics, University of Limerick, Ireland
Abstract
Ireland has almost two decades of experience with using public private partnerships (PPPs) for the procurement of social infrastructure such as schools, courthouses, and health facilities. This article focuses on Ireland’s schools sector where 27 school buildings with an estimated capital value of €500 million have been procured via PPP to date. We review the changes that have occurred to the governance of PPPs and supporting institutional structures, which have evolved considerably over the past 20 years. Evidence of policy learning has led to the development of detailed PPP guidelines and the establishment of a centralized PPP agency with responsibilities that exceed international norms. We highlight how the development of PPP institutions has been an ongoing and gradual process, which will continue to evolve if concerns in relation to accountability and transparency are to be addressed.
Subject
Public Administration,Sociology and Political Science,Business, Management and Accounting (miscellaneous)
Reference11 articles.
1. Megaprojects and Risk
2. International Monetary Fund. (2004). Public-private partnerships (pp. 15–18). IMF Fiscal Affairs Department.
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