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Assessment methods for gaining efficiency within the financing process of Public-Private Partnerships

Author

Listed:
  • Ion VASILESCU

    () (The Bucharest Academy of Economic Studies, Romania)

  • Virginia CIOBOTARU

    () (The Bucharest Academy of Economic Studies, Romania)

  • Oana Catalina TAPURICA

    () (The Bucharest Academy of Economic Studies, Romania)

  • Florin TACHE

    () (The Bucharest Academy of Economic Studies, Romania)

Abstract

The paper aims to emphasize the role, as well as the importance and viability, of developing complex investment projects within Public - Private Partnerships, by analysing the previous experience of developed countries regarding this kind of associative structures. Assuming that some of the public - private partnerships are neither necessary, nor efficient, the paper presents an innovative methodology for assessing the efficiency of the investment projects, financed within Public - Private Partnerships, based upon a set of benchmarks, which are designed to provide objective and precise information about the subject in focus. Positioning each partnership in relation to specific benchmarks represents the main decision tool for building-up Public - Private Partnerships.

Suggested Citation

  • Ion VASILESCU & Virginia CIOBOTARU & Oana Catalina TAPURICA & Florin TACHE, 2010. "Assessment methods for gaining efficiency within the financing process of Public-Private Partnerships," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 13(2), pages 391-406, December.
  • Handle: RePEc:rom:econmn:v:13:y:2010:i:2:p:391-406
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    More about this item

    Keywords

    Public - Private Partnership; efficiency; benchmarks; Local Action Groups; Eco-Efficient Spin-Off.;

    JEL classification:

    • L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
    • R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock

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