In U.S., a hot debate on infrastructure privatizingMarch 26, 2009
In the aftermath of the recent economic recession, many U.S. state governments are tempted to follow Chicago’s successful use of P3s to raise money. P3s, or “public-private partnerships” hand public assets to private businesses to run them as profit enterprises. P3 critics however argue that states will subjecting taxpayers to higher costs and greater risks in the long run. Read more about P3s in Reuters.