PUBLIC-PRIVATE PARTNERSHIPS: A Review of Literature and Practice

Abstract

Over the last two decades, the public sector has been viewed as cumbersome, unresponsive and costly. In view of its perceived inability to meet the complex and rapidly changing demands of modern societies, there have been calls for the government to “re-invent” itself by shifting its role from primary provider of public goods and services to the procurer and regulator of services from the for-profit and third sectors...