A new UN report mentions our colleague Dexter Whitfield, from his 2010 work Global Auction of Public Assets.
The report, entitled Public-Private Partnerships and the 2030 Agenda for Sustainable Development: Fit for purpose?, references Dexter on page 1:
'Whitfield (2010) provided a survey of PPPs
around the world, showing how the model has been adapted to the economic,
political and legal environments of different countries in Europe, North
America, Australia, Russia, China, India and Brazil. It also examined the
growing secondary market in PPP investments, “buying and selling schools and
hospitals like commodities in a global supermarket” (p. 183) as well as the
increasing number of PPP failures, usually as a result of investors’
“miscalculations; states pick up the tab when they walk away”. It found cases of
deceptive techniques of assessing value for money (VfM) and manipulations of
risk transfer so that PPPs appear to out-perform traditional public provision.
Most importantly, Whitfield claimed that PPPs undermine democracy by
systematically reducing the responsibility, capability, and power of the
state.'
A full version of the report is available here:
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Global Auction of Public Assets: Public sector alternatives to the infrastructure market & Public Private Partnerships
Dexter Whitfield
Published by Spokesman Books
Paperback £18 (ISBN 978085124773)
ePub £11.99 (ISBN 9780851247847)
Both available from our website, Spokesman Books.
Comments
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Thanks again for posting this looking forward to more informative content!