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Modern Aspects Of Public Private Partnership

Author

Listed:
  • MILOS MILOSAVLJEVIC

    (Faculty of Organizational Sciences University of Belgrade, Serbia)

  • SLADJANA BENKOVIC

    (Faculty of Organizational Sciences University of Belgrade, Serbia)

Abstract

Development of infrastructure is essential presumption for growth and development of relevant economic entities. The empirical evidence of private initiative importance and potentials in the establishment of cooperation with the public sector in infrastructure projects financing and operation refocused professional and academic attention on the studies of this phenomenon. The realm of the public private partnership (PPP) became scientifically treated as an interdisciplinary skill based mostly on project financing, whilst practically it became almost mandatory method for economic prosperity. Practical problems in implementation appeared due to lack of knowledge and nonsystematic approach in researches of private public partnership. This paper presents theoretical and practical directions for actors in this cooperation, scoping for mobilization of assets and energy for development and facilitation, and advancing of project investments efficiency.

Suggested Citation

  • Milos Milosavljevic & Sladjana Benkovic, 2009. "Modern Aspects Of Public Private Partnership," Perspectives of Innovation in Economics and Business (PIEB), Prague Development Center, vol. 3(3), pages 25-28.
    • Handle: RePEc:pdc:jrpieb:v:3:y:2009:i:3:p:25-28
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    References listed on IDEAS

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    3. Mitchell, Olivia S., 2008. "Pensions at a Glance: Public Policies across OECD Countries. Organisation for Economic Co-operation and Development. OECD Publishing, 2007, ISBN 978-92-64-03214-9, 220 pages. - Pensions Panorama: Reti," Journal of Pension Economics and Finance, Cambridge University Press, vol. 7(3), pages 375-377, November.
    4. Iimi, Atsushi, 2008. "(UN)Bundling public-private partnership contracts in the water sector : competition in auctions and economies of scale in operation," Policy Research Working Paper Series 4459, The World Bank.
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    2. Deng, Zhongqi & Song, Shunfeng & Chen, Yongjun, 2016. "Private participation in infrastructure project and its impact on the project cost," China Economic Review, Elsevier, vol. 39(C), pages 63-76.

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    More about this item

    Keywords

    Infrastructure; public private partnership; hybrid public private partnership models;
    All these keywords.

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • O22 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Project Analysis

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