TY  - JOUR
A1  - Bauer, Hartmut
A1  - Meier, Michael
T1  - Green Light for PPP on German Motorways?
JF  - Frontiers of law in China
N2  - While public–private partnerships (PPPs) have surged worldwide since the 1990s, they have been met with growing skepticism during the last years. A recent revision of Germany’s constitutional rules on motorway construction and observations on the use of PPPs published by both the German and the European Courts of Auditors illustrate this new caution. These two examples fit into a general trend towards a revival of the public sector, which can be summarized under the cross-level umbrella term “publicization.” It would, however, be remiss to replace the uncritical euphoria that once surrounded privatization with a similarly undifferentiated euphoria regarding publicization. Rather, it is crucial to identify the most appropriate solution for the fulfilment of each public task from the “toolbox” of publicization on the one hand and privatization on the other hand in order to ensure the most effective completion of public functions.
KW  - publicization
KW  - remunicipalization
KW  - recommunalization
KW  - nationalization
KW  - renationalization
KW  - public-private-partnerships
KW  - PPPs
KW  - privatization
KW  - motorways
KW  - infrastructure
KW  - construction
KW  - toll
KW  - economic efficiency
KW  - court of auditors
KW  - debt ceiling
KW  - economic impact analysis
Y1  - 2019
U6  - https://doi.org/10.3868/s050-008-019-0016-2
SN  - 1673-3428
SN  - 1673-3541
VL  - 14
IS  - 3
SP  - 311
EP  - 334
PB  - Higher education Press
CY  - Beijing
ER  -