Comparative Study on Public-Private Partnerships

This book is the fruit of my research work to complete my doctoral thesis. This research was supervised by Dr. Juan De La Cruz Ferrer. The economic crisis that most countries are facing today affects the ability of governments to provide adequate infrastructure to foster economic growth. Public-Private Partnerships (PPPs) represent an alternative source of funding to provide a dynamic and effective system of highways, roads and bridges. This study reflects in a practical way the legal nature and purpose of collaborative arrangements in the land transport industry. Likewise, a comparative study is made between Spain, Puerto Rico and the United States focused on the treatment provided by the doctrine in those jurisdictions. It should be noted that we will not discuss the political and ideological aspects of PPPs. Nor will we discuss the preference between resorting to PPPs vis a vis traditional contracting. Such a determination will depend on the particular circumstances of each country.