The Effect of PPP Model on Local Government Debt

DOI

10.2991/aebmr.k.220405.066How to use a DOI?

Keywords

PPPs; Local Government Debt; Efficiency; Implicit Risk

Abstract

The Private-Public-Partnership (PPPs) is a novel method of financing for the provision of infrastucture and public services. It is also expected to alleviate local government debt burden, which has become a pravelent issue around the world. However, the PPP model can cause divergent effects on local debt under the different methods and practices. Therefore, there are divergent directions showed in the current theoretical views regarding how PPPs may influence debt. To help government gain more insights and avoid detour in the future implement of PPP model, this paper, through a method of literature review, will focus on relevant ideas with respect to PPP model’s effect on local government debt, and illustrate some suggestions on how to use PPP model correctly to reduce risk of debt. The paper finds that the discussion of PPPs’ effects on local debt is already relatively mature and thorough nowadays, as long as there is no drastic variation in the economic environment. The practice of PPP model in different countries varies.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - Jiaxuan Shi
PY  - 2022
DA  - 2022/04/29
TI  - The Effect of PPP Model on Local Government Debt
BT  - Proceedings of the 2022 7th International Conference on Social Sciences and Economic Development (ICSSED 2022)
PB  - Atlantis Press
SP  - 408
EP  - 412
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220405.066
DO  - 10.2991/aebmr.k.220405.066
ID  - Shi2022
ER  -