Redevelopment, San Diego Style: The Limits of Public—Private Partnerships

  title={Redevelopment, San Diego Style: The Limits of Public—Private Partnerships},
  author={S. Erie and V. Kogan and S. Mackenzie},
  journal={Urban Affairs Review},
  pages={644 - 678}
  • S. Erie, V. Kogan, S. Mackenzie
  • Published 2010
  • Economics
  • Urban Affairs Review
  • Fiscally strapped local governments have increasingly turned to public—private partnerships (P3s) for redevelopment assistance, empowering private actors to exercise functions typically performed by the public sector. While P3s can enhance project funding and completion, they create the possibility of agency loss, that is, public means—tax dollars, public powers, and other resources—being diverted toward private purposes. Using a principal— agent approach, the authors examine an ambitious and… CONTINUE READING
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