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Assessment methods for gaining efficiency within the financing process of Public-Private Partnerships

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Author Info

  • Ion VASILESCU

    () (The Bucharest Academy of Economic Studies, Romania)

  • Virginia CIOBOTARU

    () (The Bucharest Academy of Economic Studies, Romania)

  • Oana Catalina TAPURICA

    () (The Bucharest Academy of Economic Studies, Romania)

  • Florin TACHE

    () (The Bucharest Academy of Economic Studies, Romania)

Abstract

The paper aims to emphasize the role, as well as the importance and viability, of developing complex investment projects within Public - Private Partnerships, by analysing the previous experience of developed countries regarding this kind of associative structures. Assuming that some of the public - private partnerships are neither necessary, nor efficient, the paper presents an innovative methodology for assessing the efficiency of the investment projects, financed within Public - Private Partnerships, based upon a set of benchmarks, which are designed to provide objective and precise information about the subject in focus. Positioning each partnership in relation to specific benchmarks represents the main decision tool for building-up Public - Private Partnerships.

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Bibliographic Info

Article provided by Faculty of Management, Academy of Economic Studies, Bucharest, Romania in its journal ECONOMIA seria MANAGEMENT / ECONOMY - MANAGEMENT series.

Volume (Year): 13 (2010)
Issue (Month): 2 (December)
Pages: 391-406

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Handle: RePEc:rom:econmn:v:13:y:2010:i:2:p:391-406

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Related research

Keywords: Public - Private Partnership; efficiency; benchmarks; Local Action Groups; Eco-Efficient Spin-Off.;

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