How are PPPs unique of privatization?
Keywords: PPP, privatization, Osborne, efficiency
PPP is frequently used as a synonym for privatization, but Osborne (2000) argues that there is clear distinction between these two concepts. The next is a summary of difference between PPP and privatization.
The main difference could be within the following aspects.
1. Institutional arrangement
Privatization has a kind of principal-agent marriage, while PPP is a partnership based on shared trust and cooperation.
The Natura aesthetic companys international development
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