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Public Private Partnership Model
Article Review A Fiscal Evaluation of the Public-Private Partnership (PPP) Model[1] Yrd.Doç.Dr. Yiğit KARAHANOĞULLARI In this article, PPP model has been defined and evaluated through various perspectives but mainly from fiscal point of view. Article states that, “PPP model is in use at the United Kingdom (UK) since 1992 as an investment and service production model, in which financing has been provided by private sector but risks of the awarded contracts have been shared by public and private sectors”. In Turkey PPP model has roots from Ottoman era as a principal and there is legal document, namely Public Concession Contracts, sets the frame work for it. However, modern applications have…