R. Richard Geddes | Real Clear PolicySome argue that the recently passed tax bill may create some challenges for the municipal bond market and the infrastructure sector in the new year. Richard Geddes argues that public-private partnerships (PPPs) could ensure that new technologies aiming to enhance infrastructure resilience are actually adopted by state and local governments. A PPP contract is an agreement that is made between the public-sector partner that must rebuild its infrastructure and a private partner that provides the rebuilding and other services. Geddes argues in favor of PPPs and explains the various benefits a PPP contract could have on American infrastructure policy.
Private participation in US infrastructure: The role of PPP units
R. Richard Geddes and Carter B. Casaday | American Enterprise InstituteRichard Geddes and Carter Casaday argue that the US is suffering from a multitude of endemic infrastructure problems. They believe that creating and properly executing public-private partnerships (PPPs) can help address these problems. The authors recommend creating seven regional PPP units in the United States to reform our transportation system. They believe that properly designed, executed, and enforced PPPs can create substantial social value.
Infrastructure reforms for growth
R. Richard Geddes | InsideSourcesRichard Geddes discusses various infrastructure reforms that could generate growth. He argues that rather than spending money on a one-time stimulus package, Congress should work on a series of microeconomic reforms that would set the stage for decades of growth while strengthening and invigorating US infrastructure for many years.