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date: 07 December 2019

Abstract and Keywords

Public–Private partnerships (PPPs) combine the resources of government with those of private agents (businesses or not-for-profit bodies) in order to deliver societal goals. The forms taken by public–private partnerships include the contracting-out of services, the business management of public utilities, and the design of hybrid organizations for risk sharing and co-production between government and private agents. PPPs give rise to a series of ideological and managerial choices. This article has four sections. The first step is to explore the political and theoretical rationales for public–private partnerships. This leads into an analysis of the five types of PPP. The third section of the article discusses the impact of PPPs in terms of cost/quality and organizational hybridity. The final section draws out the main conclusions of the analysis and identifies challenges for the future governance and the management of PPPs.

Keywords: public–private partnerships, government resources, not-for-profit bodies, societal goals, business management, public utilities, hybrid organizations, risk sharing

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