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Public-private partnership: between legal requirements and the real needs

Author

Listed:
  • Sergiu Cornea

    (Cahul State University "B. P. Hasdeu", Republic of Moldova)

  • Valentina Cornea

    (Cahul State University "B. P. Hasdeu", Republic of Moldova)

Abstract

The overview image of the public-private partnership is represented by cooperation between the public and private actors to carry out the activities of public interest, cooperation based on the capacities of each partner to allocate properly the resources, risks and benefits. The main elements of the institutional framework are established by the national legislation. The traditional domains for the development of the partnerships are necessary at the national level and for infrastructure. The increasing tendency toward decentralization of the provision of services introduces a lot of public-private opportunities like health, education and other social services in the non-traditional areas, as well. The study analysis presents the idea of partnership as a means of solving the problem of more and more limited resources which are at the disposal of public administration. The quality of legal framework and government policies for the development of partnerships gives to this way of cooperation, either the quality of strategy in the public policies, which purpose is to obtain greater benefits by combining the resources of those two sectors, or the limited solution to the re-launch of the economy and to meet the general interest.

Suggested Citation

  • Sergiu Cornea & Valentina Cornea, 2012. "Public-private partnership: between legal requirements and the real needs," Juridical Tribune - Review of Comparative and International Law, Bucharest Academy of Economic Studies, vol. 2(2), pages 181-193, December.
  • Handle: RePEc:asr:journl:v:2:y:2012:i:2:p:181-193
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    File URL: http://www.tribunajuridica.eu/arhiva/An2v2/art14.pdf
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    Cited by:

    1. Luis Ferney Moreno Castillo & Luis Bustos, 2020. "Las Asociaciones Público Privadas (APP) en el Sector Minero-Energético: Experiencia Nacional e Internacional," Books, Universidad Externado de Colombia, Facultad de Derecho, number 1260, October.

    More about this item

    Keywords

    public-private partnership; recipient; public interest; public services; capabilities; resources; risks and policies;
    All these keywords.

    JEL classification:

    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law

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