Regulation and public-private partnerships.
Growing attention to the importance of the market mechanism, together with the success of privatisation efforts in various countries, have sharply increased interest in a public-private partnership concept. This paper argues that a clear legislative framework specifying the roles of the public and private sectors, their relationships, and the areas for co-operation is essential for building their sustainable partnerships.
Manchester, UK, CRC Working Paper, No. 12, 24 pp.