Premium
Public‐Private Partnerships: Governance Scheme or Language Game?
Author(s) -
Hodge Graeme,
Greve Carsten
Publication year - 2010
Publication title -
australian journal of public administration
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.524
H-Index - 41
eISSN - 1467-8500
pISSN - 0313-6647
DOI - 10.1111/j.1467-8500.2009.00659.x
Subject(s) - confusion , corporate governance , argument (complex analysis) , government (linguistics) , pessimism , criticism , public relations , compromise , public interest , public administration , business , economics , law and economics , political science , finance , law , psychology , biochemistry , chemistry , linguistics , philosophy , epistemology , psychoanalysis
Accepting that there is much confusion in current debates about the use of public‐private partnerships for public infrastructure projects, the article begins by considering the emergence of the ‘PPP phenomenon’ as a ‘governance scheme’ and as a ‘language game’. The existence of several types of so‐called PPPs, and motives for them, is noted, as are criticism of loose assumptions about them in the debates. The argument then focuses on private finance initiative (PFI) schemes as one branch of cross‐sectoral mixing arrangements, and examines the benefits and costs of using this mechanism. The conclusion is a pessimistic one: in the PFI arrangement, the potential for the interests of the advocating government and the business partners to dominate over the public interest has been palpable. There is an urgent need to explore further the merit of these infrastructure ‘partnerships’ to ensure that they do advance the public interest.