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Development of Public-Private Partnerships (PPPs) in Diversified Economic Areas

In: Public–Private Partnership for Sub-Saharan Africa

Author

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  • Hanna Kociemska

    (Wroclaw University of Economics)

Abstract

Project finance is an economic concept strongly connected with the development of theories of conventional and Islamic finance. In the light of ongoing changes on the financial markets and scientific progress in the development of the field of finance, the need for cooperation between the areas of conventional finance of companies and public finance is becoming more and more apparent. Thus, the author presents in this chapter the broad PPP definition and its compilation. The chapter draws attention to the phenomena of the development of PPPs worldwide. It manifests both: the benefits of PPP for local communities and the negative assessment of PPP projects in various economic and political conditions.

Suggested Citation

  • Hanna Kociemska, 2019. "Development of Public-Private Partnerships (PPPs) in Diversified Economic Areas," Advances in African Economic, Social and Political Development, in: Public–Private Partnership for Sub-Saharan Africa, chapter 0, pages 13-46, Springer.
  • Handle: RePEc:spr:aaechp:978-3-030-14753-2_2
    DOI: 10.1007/978-3-030-14753-2_2
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