TY - JOUR AB - In 1999, the Irish Government launched a programme of public private partnerships (PPPs). The programme has expanded rapidly as policy makers seek to address the country's acute deficit of physical infrastructure. The first PPP to reach the stage of operation is the contract for five secondary schools. The early evidence from this case demonstrates that the market for education projects is competitive. The contract was designed on the basis of securing an appropriate distribution of risk and limiting private sector rents from reā€financing. However, the evidence indicates that this PPP has not resulted in significant innovations and the public sector has failed to provide any evidence of value for money. VL - 17 IS - 5 SN - 0951-3558 DO - 10.1108/09513550410546570 UR - https://doi.org/10.1108/09513550410546570 AU - Hurst Claire AU - Reeves Eoin PY - 2004 Y1 - 2004/01/01 TI - An economic analysis of Ireland's first public private partnership T2 - International Journal of Public Sector Management PB - Emerald Group Publishing Limited SP - 379 EP - 388 Y2 - 2024/09/20 ER -