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The Pros And Cons Of Public Private Sector

1160 Words5 Pages

Globally, public and private sector partnership has become a dominant phenomenon over the last ten years due to insufficient investment and increasing pressure on government budgets, as well as public concern about the inefficiency of services provided by government agencies and agencies. Public and private sector partnerships have been applied mainly in infrastructure Such as telecommunications, energy, water and roads. However, attention towards social infrastructure like health, education, and other services has increased recently. It is common knowledge that these services were mainly provided by the public sector, Many of which require large investments, and it takes a long time before they start to give returns; in economic terms, governments are usually willing to continue to be able to control the development of such services because they are necessary for modern societies, and pricing of these services tends to be inflexible due to social considerations. However, infrastructure services provided by the public sector have been characterized in many cases as low efficient, high priced, low prevalent and low maintained. The desire for better and more efficient services, as well as the need for additional sources of funding is increasingly driving governments to adopt public and private sector partnerships (PPP) to provide these services. So we will shed the light on the definition of PPP, justification of adopting PPP, pros and cons. Most of the studies that looked

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