Public utilities and private initiative: The French concession model in historical perspective
Year: 2011
Type: article
Abstract: In France, the Public-Private Partnership allowed the conciliation of the social function of public services and public works and the limitation of their cost for each citizen. They were in three sectors: transport, energy and water, during the nineteenth century and the first part of the twentieth century. After the Second World War, in spite of nationalisations, the concession system continued to operate in water treatment and distribution, but also in transport and energy. Moreover, the necessity to modernise French infrastructures favoured a revival of the concession system combined with Anglo-Saxon practices. The French model of the concession constituted a major asset for French capitalism, with big multinational firms such as GDF-Suez, Veolia Environnement, Vinci and Bouygues.
Source: Business History
Author: Dominique Barjot
Institution: Paris-Sorbonne University
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2078863294