Although public-private partnerships appear to become increasingly untenable for public authorities, they are further being promoted by the European Commission and the European Investment Bank. An official in-depth evaluation of this financing model, however, is still nowhere to be seen.
Europe's anti-crisis measures include efforts to increase private investments in public infrastructure. Yet, a backlash against public-private partnerships in Portugal is a warning against putting too much faith in this approach.
Pushing for public-private partnerships will not support democratisation in the Arab Spring countries but risks increasing their public debt. Our new website brings together the PPP lessons that Europe should have learned.
Public-private partnerships have garnered a lot of criticism but continue to be on the agenda of international development banks as a alternative way to finance infrastructure.
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