Economics
The Effects of Public-Private Partnerships on Infrastructure Project Accountability
Quick fact
Some major PPP projects around the world have hidden performance failures for years because contractual penalties were too complicated to enforce, leaving the public to pay for overruns and quality issues long after the deal was signed.
Why this is interesting
When a city decides to build a new bridge, does it matter who signs the checks? In public-private partnerships, the line between public duty and corporate profit blurs—so who is held responsible when things go wrong?