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An Empirical Study of Risks in PPP: The Case of the Motorway Sector

机译：购买力平价风险的实证研究：以高速公路行业为例

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摘要

PPP can provide a variety of benefits to the government. At its heart, however, it remains the risk-management problem due to the high degree risks affecting PPP projects. Even if the topic of risk management in PPP has been widely discussed, the analysis of the literature reveals that risks must be analyzed and managed on a context-specific approach and that there is a lack of a comprehensive study on the more suitable risk mitigation strategies for each risk embedded in PPP projects. Focusing on a specific PPP sector, namely the transport sector, based on the results of a Delphi survey conducted with two panels of experts, the paper provides a guideline for both public and private parties in defining a list of significant risks in PPP motorway projects, preparing a practical risk allocation framework and identifying the most suitable mitigation strategies. Furthermore, results of the Delphi survey have been validated on a set of eight cases of road and motorway PPP projects.
机译：PPP可以为政府提供各种好处。但从本质上讲，由于影响PPP项目的高度风险，它仍然是风险管理问题。即使已经广泛讨论了PPP中的风险管理主题，对文献的分析也表明，必须使用特定于上下文的方法来分析和管理风险，并且缺乏对更合适的风险缓解策略的全面研究。对于PPP项目中包含的每个风险。本文基于由两个专家小组进行的德尔菲调查的结果，着眼于特定的PPP行业，即交通运输行业，该文件为公共和私人各方提供了一个指南，用于定义PPP高速公路项目中的重大风险清单，准备实用的风险分配框架并确定最合适的缓解策略。此外，Delphi调查的结果已在一组8个公路和高速公路PPP项目案例中得到验证。

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