Exploring the Internetization of Private Finance

Finance and Public-Private Partnerships

A PPP bundles investment and service provision of infrastructure into a single long-term contract. A group of private investors finances and manages the construction of the project, then maintains and operates the facilities for a long period of usually 20 to 30 years, and at the end of the contract transfers the assets to the government. During the operation of the project, the private partner...

Design quality and the private finance initiative

Discussion of Finance and Public-Private Partnerships

Borrowing from existing results, in particular Hart (2003), the authors argue that the benefits of PPPs to society lie only in efficiency gains in production (e.g. bundling and cost-cutting incentives) and allocation (e.g. improvements in the quality and quantity of infrastructure). They conclude that risk transfer to the private sector is most justified when the risk is endogenous (i.e. it is ...

Housing Finance: The Role of the Private Sector in Public-Private Partnership in Housing Delivery for the Low-Income in Nigeria

Events in the building industry in Nigeria in the last decade show the important role the private sector played in housingfinance. With the advent of the public-private partnership concept in almost every sector of the socio-economic spheresof the nation, the role of the private sector in housing finance cannot be over-emphasized. This paper clearly states thatthe low-income public servants do ...

Private finance initiatives during NHS austerity.

417 ANALYSIS The NHS is facing serious revenue pressures if it is to meet the target of £15bn-20bn efficiency savings by 2013-4. 1 One important pressure for trust budgets in England is the annual private finance initiative (PFI) charge, which is ring fenced and indexed to inflation. Since 1991, all NHS trusts have had to pay a charge on NHS buildings and equipment to the Treasury, which averag...