Public-Private Partnerships, Revisited

The New York Times takes another look at some of the big public-private infrastructure deals discussed in a previous post on this site.  Not surprisingly, existing deals face public backlash, especially where the privatization has raised the obvious, upfront cost of doing things (like putting quarters in the parking meter).  The credit crunch and bad public reaction have caused several other deals to fall apart.  What remains to be seen is whether this reversal of momentum is simply a function of the current economy (the implied point of the NYT article) or gelling public-policy opposition to these kinds of proposals.

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