This document discusses public-private partnerships (PPPs) and their advantages and pitfalls. PPPs refer to partnerships between the public and private sectors where the private sector finances, designs, builds, maintains, and operates infrastructure assets traditionally provided by the public sector. PPPs can provide benefits like risk mitigation, cost reductions, innovation, and value for taxpayers. However, creating effective PPPs is more demanding than traditional public procurement and requires overcoming challenges like different perspectives between the public and private sectors.

1. New Public Management Private Public Partnership: non-government is effective by Evgenia Parkina