IDEAS home Printed from https://ideas.repec.org/a/ora/journl/v1y2012i2p505-510.html
   My bibliography  Save this article

Advantages And Risks Of Using The Public-Private Partnership In Romania

Author

Listed:
  • Sabau-Popa Liviu Mihai

    () (University of Oradea, Faculty of Economic Sciences)

Abstract

This article presents the advantages and risks of the public-private partnership in realizing the public investments in Romania. Public-private partnerships refer to the forms of cooperation between public authorities and private entities and target the regulation of the design, financing, construction, operation, rehabilitation, development, rental and transfer of any public work, asset or public service. It is a formula agreed by the public authorities by which the solving of public problems of general interest is “commissioned†by attracting entrepreneurs from the private sector. One of the main arguments for supporting the public-private partnerships in case of public investment projects is the transfer of the managerial competencies and of the know-how from the private partner to the public one. One of the main risks of the public-private partnerships is related to the temptation of using the private-public partnerships as a means of eluding the budgetary pressure, which may lead to their inadequate use.

Suggested Citation

  • Sabau-Popa Liviu Mihai, 2012. "Advantages And Risks Of Using The Public-Private Partnership In Romania," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 505-510, December.
  • Handle: RePEc:ora:journl:v:1:y:2012:i:2:p:505-510
    as

    Download full text from publisher

    File URL: http://anale.steconomiceuoradea.ro/volume/2012/n2/075.pdf
    Download Restriction: no

    More about this item

    Keywords

    knowledge transfer; concession and joint venture; public-private partnerships; public investments.;

    JEL classification:

    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ora:journl:v:1:y:2012:i:2:p:505-510. 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: (Catalin ZMOLE). General contact details of provider: http://edirc.repec.org/data/feoraro.html .

    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.

    We have no references for this item. You can help adding them by using 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.