000			01402nam a2200169 4500
999			_c512252 _d512252
008			191115b ||||| |||| 00| 0 eng d
100			_aTan, Jie _913284
245			_aThe rise of public-private partnerships in China: An effective financing approach for infrastructure investment?
260			_bPublic Administration Review
300			_a79(4), Jul-Aug, 2019: p.514-518.
520			_aThe rise of public‐private partnerships (PPPs) in China has spurred heated debates about their purpose and effectiveness. This article traces the fluctuation of China's PPPs over several decades and finds that PPPs have played a supplementary role in China's infrastructure investment, as a response to the pressures of fiscal shortfalls and government debts. The resurgence of PPPs in recent years aims to bridge the infrastructure gap and alleviate ballooning local debts. These expectations, however, are hard to realize. China's PPPs mainly involve state‐owned enterprises and place increasing financial burdens on the government. The central government has taken measures to attract private sector investment to mitigate the financial risk, but the prospects for PPPs remain unclear. - Reproduced.
650			_aInfrastructure - Finance _913285
700			_aZhao, Jerry Zhirong _913286
773			_aPublic Administration Review
906			_aPublic private partnership - China
942			_2ddc _cAR