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a typology of strategic behaviour in ppps for expressways: lessons from china and implications for europe

 
Titel
A typology of strategic behaviour in PPPs for expressways: lessons from China and implications for Europe
Type
artikel vakblad
Referentie

Mu, R., De Jong, M., Ten Heuvelhof, E.: A typology of strategic behaviour in PPPs for expressways: lessons from China and implications for Europe, pp. 42-66. In: European Journal of Transportation and Infrastructure Research, 10 (1). 2010. ISSN 1567-7141.

Auteurs
Ernst ten Heuvelhof
 
Martin de Jong
 
Rui Mu
Document
Beschrijving

In line with governance trends around the world, a growing number of expressways in the People’s Republic of China are managed as Public-Private Partnerships (PPPs). The tremendous   growth in demand for mobility in newly emerging economies has led to a gap between investment needs and available public funding. Using private funds is potentially helpful in closing this gap and accommodating the social and economic needs of motorization. By some, it is also hoped that contracting-out and involvement of the private sector will lead to higher transparency and accountability. However, in line with what has been found in various transport infrastructure modes, during uncertain and hazy transition periods that arise after infrastructure reforms, many forms of potentially pernicious strategic behaviour can pop up. Strategic behaviour emerges from information a-symmetry between private and public players, where the former act as agents and the latter as principals. In this article, China’s evidence on various types of strategic behaviour in the management of expressways is found. Several PPP projects for expressways in China are investigated empirically. And conclusions are drawn as to what possible cures are effective countermeasures of strategic behaviour, and what are the implications for Europ

Projecten
Infrastratego – strategic behavior of infrastructure companies
 
Synthesising and valorising NGI's knowledge on infrastructures at home in Asian economies

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