A systematic review of research on Private Finance Initiative (PFI) and Public Private Partnership (PPP)

The study aims to systematically review the key characteristics and issues of PFI/ ppp research in top public sector journals and to offer suggestions concerning the future direction of research on PFI/ppp. A qualitative meta-analysis method is used to analyse 108 PFI/ppp published papers from 26 selected public sector journals from 1992 to 2010. There is evidence of a growing trend in the amount of PFI/ppp literature since its inception in the UK in 1992. Past literature also mostly focuses on different PFI/ppp issues such as concepts and the application of PFI/ppp, risk management and performance of PFI/ppp, although other issues have been investigated from time to time. This study is important as it offers insights on the key characteristics of PFI/ppp literature in the selected publicsector journals. JEL Classification : Z18- Public Polic