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Public-private Partnership and Economic Development Implication

Author

Listed:
  • Carmen Nastase

    (“Stefan cel Mare†University of Suceava, Romania)

  • Mariana Lupan

    (“Stefan cel Mare†University of Suceava, Romania)

  • Mihai Popescu

    (“Stefan cel Mare†University of Suceava, Romania)

Abstract

Starting from the idea that the public-private partnership will become in the near future one of the main ways to finance major infrastructure works in Romania, nationally - regionally - locally, this article aims is to verify this hypothesis by analyzing the importance of the concept of publicprivate partnership at the international and national level. The analysis performed in this article take into consideration the degree to which it integrates the needs of the community and the interest of the private entities for partnership with public administration. In implementing their economic development plans, the governments of the countries face many challenges starting from the construction of the architecture of those infrastructure investments, continuing with their operationalization and last but not least regarding the securing of financing for the completion and for the project operation.

Suggested Citation

  • Carmen Nastase & Mariana Lupan & Mihai Popescu, 2022. "Public-private Partnership and Economic Development Implication," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 351-360, September.
    • Handle: RePEc:ovi:oviste:v:xxii:y:2022:i:1:p:351-360
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    More about this item

    Keywords

    public-private partnership; economic development implication; globalization;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth

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