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Private Profit, Public Good |
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Monday, 29 November 1999 |
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Lessons from the Britsh FPI experience
It is almost nine years since the Major Government launched the Private Finance Initiative (PFI) in Britain in November 1992.
Since then PFI, and the Blair Government's version, PPP or Public Private Partnerships, have become major vehicles for providing new and upgraded public infrastructure in the United Kingdom.
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Introduction
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A learning Process
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History of the FPI
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A Patchy Record
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Benefits of PFI
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Risk Tranfer
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Value For Money
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Obtaining the Right Deal
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Refinancing the Deal
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Docklands Light Rail
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Conclusion
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References
© Michael Richardson, 2001
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