Publication: Private Participation in Transport : Lessons from Recent Experience in Europe and Central Asia
Date
2009-06
ISSN
Published
2009-06
Author(s)
Monsalve, Carolina
Abstract
Facing fiscal constraints, many
governments in Central and Eastern Europe and Southeastern
Europe have pursued private finance for transport
infrastructure more to move investments off budget than to
improve efficiency and services. Results have been mixed and
suggest a need to focus more on public-private partnerships
(PPPs) that can achieve value for money. Today's
economic environment will reduce the potential for PPP
projects in the short term. Some PPP projects at an advanced
stage of procurement may need additional public support,
while ambitious projects may need to be phased to reduce
their scale to what the market can absorb.
Citation
“Monsalve, Carolina. 2009. Private Participation in Transport : Lessons from Recent Experience in Europe and Central Asia. Gridlines; No. 47. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/06a19f69-439d-55eb-8f90-199c58d8ca15 License: CC BY 3.0 IGO.”