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Public-Private Partnership as a Prospective Tool for Development of Economy

Author

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  • Ivan Sokolov

Abstract

The importance and place of public-private partnership (PPP) for implementation of key investment and other projects is focused. At attempt was made to update the definition of this concept. The implications for PPP development are elucidated in the global environment, featuring the experience of the United Kingdom, Ireland and other countries in Western Europe and worldwide with lessons for Bulgaria. The advantages and shortcomings of the forms of financing of public projects are specified.

Suggested Citation

  • Ivan Sokolov, 2010. "Public-Private Partnership as a Prospective Tool for Development of Economy," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 98-106.
    • Handle: RePEc:bas:econth:y:2010:i:4:p:98-106
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    More about this item

    JEL classification:

    • H42 - Public Economics - - Publicly Provided Goods - - - Publicly Provided Private Goods
    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate

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