Public–private partnerships in the US and Canada: “There are no free lunches”1

@article{Vining2005PublicprivatePI,
  title={Public–private partnerships in the US and Canada: “There are no free lunches”1},
  author={A. Vining and A. Boardman and Finn Poschmann},
  journal={Journal of Comparative Policy Analysis: Research and Practice},
  year={2005},
  volume={7},
  pages={199 - 220}
}
Abstract Governments in many industrialized nations have made concerted efforts to reduce their immediate expenditures and to reduce the cost of major infrastructure projects. Public–private partnerships (P3s) are one emerging method that might do so. Despite the increased use of P3s, there is little independent research on the effectiveness of P3s as a public policy instrument. This article considers the major rationales for P3s, including cost savings and keeping project financing off… Expand
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