Case Studies in UK: Energy Management, Transportation Management, and Water Management
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The indications arising from the economic literature and documents of the European Commission found further support in the experience of some European countries (in particular of Italy, Spain and the UK), in which the diffusion of formulas of “public-private partnership has gone hand in hand with a growing emphasis on regulatory aspects relating to, in particular: (i) the adequate allocation of administrative risk, (ii) the proper design of procedures for the selection of the private contractor, (iii) the growing attention to the contractual phase, (iv) the preparation of principals to ensure the bankability of credits of the custodial. Conversely, in other European countries (in particular France and Germany), in which the PPPC has not reached similar levels of development, regulatory gaps are found in relation to some of the profiles mentioned above” (Giorgiantonio, Giovanniello, 2009, 2011).
KeywordsFinancial Asset Intangible Asset Public Private Partnership Private Finance Initiative Sovereign Risk
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