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Risk Allocation within Public-Private Partnership in the Republic of Moldova Framework

Author

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  • Irina Calugareanu

    (Academy of Economic Studies of Moldova)

Abstract

A significant feature of infrastructure projects performed under public-private partnership (PPP) contracts in the Republic of Moldova is manifested by their multilateral state support. The state controls a large number of parameters that influence the successful implementation of the infrastructure projects, so potential investors decide to participate in the project only if they are sure that the government will support and compensate their investment through proper risk management. The confidence of the PPP partners and the effectiveness of their interaction reduce the risks and their consequences. The purpose of this article is to identify, classify and distribute risks in public-private partnership projects since these kinds of affairs has become increasingly popular in recent years. The determination of the best evidence approaches and risk assessment of the implementation of these projects is of particular relevance in each investment project.

Suggested Citation

  • Irina Calugareanu, 2019. "Risk Allocation within Public-Private Partnership in the Republic of Moldova Framework," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 389-395, August.
  • Handle: RePEc:ovi:oviste:v:xix:y:2019:i:1:p:389-395
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    Citations

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    Cited by:

    1. Irina CALUGAREANU, 2019. "Limits Of Implementation Of Public-Private Partnership In The Republic Of Moldova," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 21, pages 229-235, December.

    More about this item

    Keywords

    public private-partnership; contract; concession; risks; projects;
    All these keywords.

    JEL classification:

    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

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