Measuring value for money in public private partnerships: a review of the public sector comparator in Australia, Canada, New Zealand and United Kingdom
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The United Kingdom Private Finance Initiative: The Challenge of Allocating Risk
Since 1992, the United Kingdom has used a new type of public-private partnership for the delivery of public services: the Private Finance Initiative. In the design of PFI projects, the assessment of risk, and who is best able to manage it, needs to be carefully considered.
Achievements and contradictions of the Peruvian agrarian reform
Different paths of transition to capitalist agriculture, as well as different types of agrarian reform, can be distinguished. The Peruvian agrarian reform is analysed within this context and evaluated in terms of its contribution to rural development. The Peruvian case underlines the importance of understanding the rationality of the pre‐existent agrarian system for a successful restructuring of the agrarian economy and society. The contradictions which arose between the State's model and the peasants’ model of agrarian reform, as well as those between different types of peasants, are discussed. Peru's experience is also a reminder that a land reform is not a sufficient condition for rural development unless accompanied by proper price, marketing, credit and investment policies.