Bankwatch

Archives for PFI

Despite collecting impressive evidence from 20 years of failed public-private partnerships in central and eastern Europe, an EBRD-financed study by the Economist Intelligence Unit concludes to continue using the controversial financing scheme. by Pippa Gallop, cross-posted from the Bankwatch blog A few days ago I did a double-take when the EBRD sent out a press… » read more

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Europe’s anti-crisis measures include efforts to increase private investments in public infrastructure. Yet, a backlash against public-private partnerships in Portugal is a warning against putting too much faith in this approach. Many reactions to the solutions proposed by Europe’s political leaders to the deepening and spreading eurozone crisis seem to revolve around two things: scepticism… » read more

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