7 research outputs found
InfluĂȘncia do perĂodo de descanso da pastagem de capim-elefante na produção de leite de vacas mestiças HolandĂȘs x Zebu
The Risks and Tricks in Public-Private Partnerships
PublicâPrivate Partnerships (PPPs) have been implemented broadly around the
world in the infrastructure sectorâwater and sanitation, transports, energy, and
telecommunicationsâand, more recently, in the provision of public servicesâ
education, health, prisons, and water and waste management. Key aspects of the
contract design, such as risk allocation and payment mechanisms, significantly
affect the PPP outcomes because they affect the incentives of the public and
private parties to deliver a public service that satisfies user needs. Nevertheless,
contractual provisions used in practice often do not implement the efficient risk
allocation. In this chapter, we discuss the crucial role of the public sector in
designing and imposing standardized contracts, monitoring their compliance,
disclosing contractual information to the general public, and transferring risks
to the private sector in order to reduce the likelihood of PPP performance failure