Research on Coordination for the Interests of Public-private Partnership Model

Chen Wanling, Cao Shu

Journal of Shanghai University of Finance and Economics Vol. 19, Issue 02, pp. 100 - 112 (2017)  DOI:10.16538/j.cnki.jsufe.2017.02.009

Abstract

Coordination in interests of PPP projects is not only the focus of the governments and the social capital, but also the foundation of long and steady public-private partnership. Facing the diversification and dynamics of the interests of PPP, we need to abstract the " basic interests” pattern from specific PPP interests forms, namely the coopetition between public and private interests, the complementary relationship between contract and non-contract interests and the multilevel interests symbiotic relationship, face up to lots of risks, which are the alienation of the basic interests from competitive cooperation to rupture, from complementary relationship to mutual exclusion and from symbiotic relationship to dispersing state, and design institutional measures against these risks. Based on the two sides of the basic interests, this paper points out the roots and damage of the alienation of the basic interests of PPP, and affirms that alienation obstructed is the value of PPP coordination mechanism. In terms of logic map of the coopetition, complementary and symbiotic basic interests, it constructs the " trinity” coordination mechanism of PPP interests, which regards the system guarantee, contract and non-contract constraints and self-control as the core.

Keywords

interests of PPP; type; alienation; coordination