In our market economy, under perfect or ordinary conditions, infrastructures should be funded by public budgets and businesses by private investors. However, public budget constraints, high
public debt, liquidity shortage, equity gaps, and global competition require alternative approaches, especially in domains that are strategic for economic growth and development.
Alternative approaches often pass through public private partnerships (PPPs), agreements where public and private actors share resources (mainly capital and competences) to better accomplish
their own missions, with an ultimate shared goal that is generally related to certain economic or societal issues.
Public-Private Partnerships for Infrastructure and Business Development is ideal for scholars and practitioners who work in the field of public policy design and implementation, finance and
banking, and economic development. It offers a brand new approach to PPP, surpassing the overlay between PPPs and infrastructures, and therefore exploring a wider meaning, deepening the
financial scope of PPP. The coordination of scholars’ and practitioners’ views is a strength for the volume, as it allows for a deep and clear understanding of the phenomenon.
