Public Private Associations: financing formulas

Abstract

This paper distinguishes the particularities of Public-Private Partnerships (PPPs) with respect to historical forms of public-private partnerships. Its scope for providing financing to the public sector is examined. It is a theoretical-descriptive approach, with the aim of summarizing the situation of PPPs and their advantages and disadvantages. The study addresses the general situation at the international level to offer an overview of relevant aspects of the effective utility offered by this form of contracting, which is characterized by offering financing in the face of the scarcity of government resources to build infrastructure and provide services. Geographically and temporally, it seeks to provide an overview of the emergence and use of PPPs in broad terms, although it refers to some specific aspects of Europe and Latin America.