Regulation and public‐private partnerships

摘要: A public‐private partnership can be seen as an appropriate institutional means of dealing with particular sources market failure by creating a perception equity and mutual accountability in transactions between public private organisations through co‐operative behaviour. The relative merit the idea is oriented mainly around benefit. As roles government partnerships are not only to provide services, but also monitor marketplace, well‐defined regulation framework essential. sound regulatory will increase benefits ensuring that essential operate efficiently optimise resources available them line broader policy objectives, ranging from social environmental protection. In turn, it provides assurance sector system includes protection expropriation, arbitration commercial disputes, respect for contract agreements, legitimate recovery costs profit proportional risks undertaken.