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Incomplete Contracts and Public Ownership: Remarks, and an Application to Public-Private Partnerships

✍ Scribed by Oliver Hart

Book ID
108557020
Publisher
John Wiley and Sons
Year
2003
Tongue
English
Weight
90 KB
Volume
113
Category
Article
ISSN
0013-0133

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## Abstract The developing world needs far more financing for infrastructure than can be provided by domestic public finances alone and through Official Development Aid (ODA). Around middle 1980s a new strategy based on the use of public–private agreements, relying on ODA to enhance the quality of