IDEAS home Printed from
MyIDEAS: Login to save this article or follow this journal

The Role Of The Public-Private Partnership Under Economic Crisis At Eu Level And Its Challenges On The Romanian Market

  • Doru-Cristian CORETCHI

    (Bucharest Academy of Economic Studies, Romania)

Registered author(s):

    To tackle the financial and economic crisis, the EU and its Member States are trying to stimulate investment in infrastructure projects as an important mean to maintain economic activity during the crisis and support the return to economic growth. Public Private Partnership (PPP) is a proven instrument for effectively delivering infrastructure projects, being at the same time an interesting vehicle for the long-term structural development of infrastructures and services, bringing together advantages of both the private and the public sector. At EU level, PPP can offer superior leverage to key projects, increase Europe’s innovation capacity and drive the competitiveness of European industry in sectors with growth and employment potential. However, just at the time when the systematic use of PPP would bring considerable benefits, the crisis has made its implementation more difficult. It is therefore very important to find new ways to support the development of PPP. EU financing through the Structural Funds, the European Investment Bank or TEN-T instruments can mobilize financing solutions for PPP projects, even at a time of reduced availability of national public or private resources. The EU also influences the environment in which PPP’s operate through its regulatory framework. Romania is part of the EU and can use the advantages of PPP in order to sustain its recovery from the crisis and close the infrastructure quality gap to the EU western countries. This needs, however deeper understanding among the public authorities and higher efforts in creating a more precise regulatory framework.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: no

    Article provided by The Bucharest University of Economic Studies in its journal Journal of Doctoral Research in Economics.

    Volume (Year): 3 (2011)
    Issue (Month): 1 (March)
    Pages: 38-46

    in new window

    Handle: RePEc:aes:jdreco:v:3:y:2011:i:1:p:38-46
    Contact details of provider: Postal:

    Phone: 0040-01-2112650
    Fax: 0040-01-3129549
    Web page:

    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:aes:jdreco:v:3:y:2011:i:1:p:38-46. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Lucian Onisor)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.