Public Private Partnership between Euphoria and Disillusionment. Recent Experiences from Austria and Implications for Countries in Transformation
Public Private Partnership between Euphoria and Disillusionment. Recent Experiences from Austria and Implications for Countries in Transformation

Summary/Abstract: This paper analyses the arduous path towards implementing Public Private Partnership (PPP) as a governance mode increasingly ‘en vogue’ in many political programs worldwide. As current literature on PPP strongly features an Anglo-Saxon bias recent experiences from Austria with a continental-European legalistic Rechtsstaat tradition are presented. Based on our analysis of a recently failed PPP project we outline that beside factors put forward by rationalchoice approaches the dynamics of such partnerships are also shaped by normative and cultural-cognitive factors as theorized by neoinstitutional approaches. We thereby understand PPPs not only as a distinct, innovative organizational arrangement but also as a policy tool with symbolic meanings and underlying premises. In the final part general implications regarding the relevance of these experiences for transformational countries are outlined.

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