Online from: 1988
Subject Area: Industry and Public Sector Management
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|Title:||The global financial crisis and UK PPPs|
|Author(s):||Ciaran Connolly, (Queen's University Management School, Queen's University Belfast, Belfast, UK), Tony Wall, (Ulster Business School, University of Ulster, Newtownabbey, UK)|
|Citation:||Ciaran Connolly, Tony Wall, (2011) "The global financial crisis and UK PPPs", International Journal of Public Sector Management, Vol. 24 Iss: 6, pp.533 - 542|
|Keywords:||Defence sector, Global financial crisis, Public-private partnerships, United Kingdom, Waste|
|Article type:||Research paper|
|DOI:||10.1108/09513551111163648 (Permanent URL)|
|Publisher:||Emerald Group Publishing Limited|
Purpose – This paper seeks to examine how Public Private Partnerships (PPPs) have been affected by the global financial crisis (GFC). After briefly discussing PPPs and the GFC, the paper considers whether the latter has been a contributing factor in the declining number of projects reaching financial close.
Design/methodology/approach – The paper employs document content analysis to compare the time between notification of a project in the
Findings – Apart from a very small number of projects, the time between official project notification and financial close is lengthening, with the case studies providing some possible explanations for this.
Originality/value – Whilst Burger
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