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Authors

Darrin Grimsey

Publication Date

5-1-2005

Abstract

Extract:

Infrastructure and PPP’s are contentious issues in Australia attracting greater media attention in recent years. However, intelligent debate is frequently debased by argument that stems from political economy and a preoccupation with the cost of capital rather than the merits of PPP’s and the potential benefits – reduced procurement cost and the positive microeconomic effects of private investment, management and innovation. PPP’s are a means of improving the cost and effectiveness of public procurement and not about the strengths and weaknesses of privatisation. Things have moved on.

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