morning wow moment: Uruguay of Mujica and Tabare Vazquez, utopia of the leftists disappointed with Nicaragua and Venezuela, was a staunch promoter of PPPs in health, education, prisons, roads 
fascinating, a 'left PPP' framework:
1. ceiling on state risk-proofing private investors (no all you can have demand derisking we see in African countries.)
direct and contingent transfers to private sector below 7% GDP, yearly compensation below 0.5% GDP.
1. ceiling on state risk-proofing private investors (no all you can have demand derisking we see in African countries.)
direct and contingent transfers to private sector below 7% GDP, yearly compensation below 0.5% GDP.
2. Accountability mechanism: fiscal transfers to PPP operators and investors must be reported to Parliament.
3. Some restrictions on what public services get commodified via PPPs. The Uruguayan left did not trust the private sector to deliver:
- educational services
- health services (but yes to health infrastructure)
- safety and rehabilitation in prisons
- educational services
- health services (but yes to health infrastructure)
- safety and rehabilitation in prisons
• • •
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