The Experience and Reference on PPP Development in Germany
International Journal of Economics, Finance and Management Sciences
Volume 5, Issue 6, December 2017, Pages: 327-333
Received: Dec. 27, 2017;
Published: Dec. 28, 2017
Views 2024 Downloads 149
Su Guo, Department of Finance and Taxation, Central University of Finance and Economics, Beijing, China
Huijie Li, Zhongcai-Pengyuan Local Finance Investment and Funding Research Institute, Central University of Finance and Economics, Beijing, China
Yang Guo, Department of Mathematics and Statistics, Central University of Finance and Economics, Beijing, China
Ke Gao, Department of Finance and Taxation, Central University of Finance and Economics, Beijing, China
Follow on us
At present, Public-Private Partnership (PPP) model is vigorously promoted in China and it is becoming an important way of government financing. Though the amount of PPP projects in China is enormous, there are a lot of problems to be solved. At the same time, German PPP develops rapidly in recent years though it started relatively late. In the past few years, the number of PPP projects in Germany ranked the third place stably in Europe. Germany accumulates a lot of mature experience in PPP projects, including industry, fiscal and taxation policy as well as the set-up of management institutions. This paper summarizes the current situation and experience of PPP in Germany and provides reference for PPP development in China. To be specific, German governments pay great attention to PPP development and its institutional arrangement. The governments provide preferential taxation and industrial policies for PPP projects. Meanwhile, German governments lay great emphasis on risk management of PPP projects. In fact, PPP projects in Germany are supervised in the way of contract supervision. Besides, the federal government sets a good example for state governments. Last but not the least, project consultants are allowed to participate in public procurement under some certain prerequisites.
Public-Private Partnership (PPP), Germany, Experience, Reference
To cite this article
The Experience and Reference on PPP Development in Germany, International Journal of Economics, Finance and Management Sciences.
Vol. 5, No. 6,
2017, pp. 327-333.
Marcus Ahadzi, Grame Bowles. Public-private Partnerships and Contract Negotiations: An Empirical Study. [J]. Construction Management and Economics, 2004(22).
Karsten Mause, Thomas Krumm. Public-Private Partnership as a tool of Government: Exploring its Determinants Across German State. [J] German Politics. 2011(20):527-544.
Yisuo Li. Economic research of public-private partnership (PPP) - based on German experience [J]. Lanzhou Academic Journal, 2012, 06: 146-154.
Yisuo Li. “project consultant” in public-private partnership: German experience [J]. Economic and management review, 2013(4): 24-30.
Eurasian PPP liaison network. A case study of public-private partnership (PPP) in infrastructure construction in Europe and Asia [M]. Liaoning science and technology press, 2010.
Jian Pu, Hui Sun, Cai Zhang. Chinese logic on PPP [M]. Beijing: China citic press. 2016.
Yisuo Li, Research on public-private partnerships Promotion Act. [M]. Beijing: China democracy and legality press. 2013.
Huiqin Gao, Yunguo Liu, Xia Qi, Hongyuan Fu. Research on the VFM evaluation method based on the international practice of PPP model - taking UK, Germany, Singapore as an example [J]. Project Management Technology, 2011, No 3, vol (9), 18-21.
Tianlong Hu. Establishment of China’s PPP Related Tax System and Lessons Drawn from Foreign Experience. [J]. International Taxation, 2017 (9), 26-30.
Laicheng Wen, Tao Wang. A Research of the Tax Policy on Supporting the PPP Franchise Projects. [J]. Taxation Research, 2016 (9), 10-15.