Print Email Facebook Twitter A Typology of Strategic Behaviour in PPPs for Expressways: Lessons from China and Implications for Europe Title A Typology of Strategic Behaviour in PPPs for Expressways: Lessons from China and Implications for Europe Author Mu, R. De Jong, M. Ten Heuvelhof, E. Faculty Technology, Policy and Management Department Multi Actor Systems Date 2010-03-08 Abstract In line with governance trends around the world, a growing number of expressways in the People’s Republic of China are managed as Public-Private Partnerships (PPPs). The tremendous growth in demand for mobility in newly emerging economies has led to a gap between investment needs and available public funding. Using private funds is potentially helpful in closing this gap and accommodating the social and economic needs of motorization. By some, it is also hoped that contracting-out and involvement of the private sector will lead to higher transparency and accountability. However, in line with what has been found in various transport infrastructure modes, during uncertain and hazy transition periods that arise after infrastructure reforms, many forms of potentially pernicious strategic behaviour can pop up. Strategic behaviour emerges from information a-symmetry between private and public players, where the former act as agents and the latter as principals. In this article, China’s evidence on various types of strategic behaviour in the management of expressways is found. Several PPP projects for expressways in China are investigated empirically. And conclusions are drawn as to what possible cures are effective countermeasures of strategic behaviour, and what are the implications for Europe. Subject PPPsstrategic behaviouragency theoryexpresswaysChina To reference this document use: http://resolver.tudelft.nl/uuid:acb97116-a524-43fc-88ae-8065d25f589b ISSN 1567-7141 Source European Journal of Transport and Infrastructure Research (EJTIR), 10 (1), 2010 Part of collection Institutional Repository Document type journal article Rights (c) 2010 The Author(s) Files PDF Mu_2010.pdf 701.08 KB Close viewer /islandora/object/uuid:acb97116-a524-43fc-88ae-8065d25f589b/datastream/OBJ/view