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Brazil Brown Bag Seminar Series – Public Private Partnerships in Brazil: Panacea or Pandemic?

March 3, 2016 @ 1:00 pm - 2:00 pm

Join the Lemann Center for Brazilian Studies in its Brazil Brown Bag Seminar Series. The lecture, entitled “Public Private Partnerships in Brazil: Panacea or Pandemic?” will be given by Eloy Oliveira.

In 2004, Brazilian Federal Law 11.079 introduced a new kind of public contract in the country: Public Private Partnerships (PPPs). Unlike other public contracts, PPPs can only be used in contracts with values over R$20 million (around $5 million) and a minimum duration of 5 years and maximum of 35 years. The first contracts only started beeing signed in 2007. But now, 10 years since the PPPs law inception, more than 30 contracts have been signed, dozens of contracts are undergoing the bidding process and more than 500 are under study. The contracts include schools, hospitals, soccer stadiums, subway system, highways, solid waste management, among others. The growth in use of PPPs is mostly due to one factor: governments do not need to disburse the whole value of the contract at once. The may do it during the life of the contract (possibly 35 years) and the first payment only starts once the infrastructure is ready to be used by the citzens. Sounds good? Yes. But the PPPs are also prone to failure and can become a burden to both the public and the private partners. When countries face economic crisis, such as the current one in Brazil, PPPs tend to become extra-attractive (and dangerous). What are the real risks and advantages of PPPs and how they have been used in Brazil?

Eloy Henrique Saraiva de Oliveira is a Master of Public Administration Candidate at Columbia University’s School of International and Public Affairs (SIPA). His focus is on development, impact investing, and entrepreneurship in emerging markets. At SIPA, Mr. Oliveira created a website focused on Brazilian foreign policy (www.braziltalk.org); managed a team of students to structure a peace-building fund in Colombia; and another team in a Private Equity project in Africa. Prior to SIPA, Mr. Oliveira worked for 7 years for the State government in Minas Gerais, Brazil, mostly managing teams on the development of Public Private Partnerships including roads, subways, jails, among others. Born in Belo Horizonte, he holds a Bachelor of Laws Degree from the Federal University of Minas Gerais.

Brazil Brown Bag Seminar Series Flyer


March 3, 2016
1:00 pm - 2:00 pm
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802 International Affairs Building
420W 118th Street
New York, NY 10027 United States
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