Annually, the government commits significant expenditure to a type of public contracts which are known as Public-Private Partnerships (PPPs) or the Private Finance Initiative (PFI). These contracts bind the public purse for decades in sectors such as Health, Defence and Detention, and involve the assignment of a significant role to the private sector in the provision of public services. This book explores the controversial subject of the public accountability of these contracts, and the corresponding large sums of public money involved. It explains how public accountability works for PPPs and the PFI, and it argues that it should be provided as part of the Economic Constitution. Drawing comparative understandings from the UK and the USA constitutional legal traditions, the book investigates public accountability from the perspective of the Economic Constitution, focusing on three accountability criteria - legal, accounting and administrative. In doing so, it provides an analysis which informs both from the perspective of academic research and from that of legal and consulting practice.
Public Private Partnerships and Constitutional Law
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Description
Annually, the government commits significant expenditure to a type of public contracts which are known as Public-Private Partnerships (PPPs) or the Private Finance Initiative (PFI). These contracts bind the public purse for decades in sectors such as Health, Defence and Detention, and involve the assignment of a significant role to the private sector in the provision of public services. This book explores the controversial subject of the public accountability of these contracts, and the corresponding large sums of public money involved. It explains how public accountability works for PPPs and the PFI, and it argues that it should be provided as part of the Economic Constitution. Drawing comparative understandings from the UK and the USA constitutional legal traditions, the book investigates public accountability from the perspective of the Economic Constitution, focusing on three accountability criteria - legal, accounting and administrative. In doing so, it provides an analysis which informs both from the perspective of academic research and from that of legal and consulting practice.
The culmination of 25 years of groundbreaking work, E.S Savas presents here a complete guide to privatization: the background, theory and practical reality. The book explains what, why, when and how...
The book brings forth rich conceptual frameworks and research issues in public-private partnerships in terms of its structure, governance, global practices and financing.
List Of TablesList Of FiguresAcknowledgements1: IntroductionPublic/Private PartnershipsPublic/Private Partnership FrameworkOverview Of The Book2: The History Of Public/Private PartnershipsThe...
Public Private Partnership is a key issue in the construction industry ? causing much concern among contractors, funders and facility managers. Demand has been building for a thorough analysis ? This...
Gujarat has long been known as a leader among Indian states in enabling private business to flourish, while Uttar Pradesh is among those at the bottom of the ladder. This book is intended to capture...
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