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Modern aspects of public private partnership

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  • Milosavljevic, Milos
  • Benkovic, Sladjana

Abstract

Development of infrastructure is essential presumption for growth and development of relevant economic entities. The empirical evidence of private initiative importance and potentials in the establishment of cooperation with the public sector in infrastructure projects financing and operation refocused professional and academic attention on the studies of this phenomenon. The realm of the public private partnership (PPP) became scientifically treated as an interdisciplinary skill based mostly on project financing, whilst practically it became almost mandatory method for economic prosperity. Practical problems in implementation appeared due to lack of knowledge and nonsystematic approach in researches of private public partnership. This paper presents theoretical and practical directions for actors in this cooperation, scoping for mobilization of assets and energy for development and facilitation, and advancing of project investments efficiency.

Suggested Citation

  • Milosavljevic, Milos & Benkovic, Sladjana, 2009. "Modern aspects of public private partnership," Perspectives of Innovations, Economics and Business (PIEB), Prague Development Center (PRADEC), vol. 3, pages 1-4, December.
    • Handle: RePEc:ags:jrpieb:94568
    DOI: 10.22004/ag.econ.94568
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    References listed on IDEAS

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    1. Darrin Grimsey & Mervyn K. Lewis, 2004. "Public Private Partnerships," Books, Edward Elgar Publishing, number 2438.
    2. Iimi, Atsushi, 2008. "(UN)Bundling public-private partnership contracts in the water sector : competition in auctions and economies of scale in operation," Policy Research Working Paper Series 4459, The World Bank.
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    2. Deng, Zhongqi & Song, Shunfeng & Chen, Yongjun, 2016. "Private participation in infrastructure project and its impact on the project cost," China Economic Review, Elsevier, vol. 39(C), pages 63-76.

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