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Forfaiting by Waiver as an Alternative to Project Financing for the Realization of Public-Private Partnership Projects in Poland (Forfaiting przez zrzeczenie jako alternatywa finansowania projektu w celu realizacji projektow partnerstwa publiczno- prywatnego w Polsce)

Author

Listed:
  • Maria Schulders

    (Faculty of Management, University of Warsaw)

Abstract

Despite growing social infrastructure investment needs, public-private partnership (hereinafter: PPP) is not developing in accordance to expectations in Poland. Only 25% of initiated proceedings conclude in the realization of a contract – a significantly lower rate as compared to other European nations. While there are many potential explanations for the poor development of PPP in Poland, this article showcases the inefficiencies in the project financing model, as well as analyzes the applicability of forfaiting by waiver for Polish PPP projects. It outlines the necessary conditions as well as potential benefits to PPP development should the forfaiting by waiver model be applied comprehensively as a mode of financing for Polish PPP projects. Critical success factors in PPP will be addressed, as well as project risk division and factors influencing the project price.

Suggested Citation

  • Maria Schulders, 2020. "Forfaiting by Waiver as an Alternative to Project Financing for the Realization of Public-Private Partnership Projects in Poland (Forfaiting przez zrzeczenie jako alternatywa finansowania projektu w c," Research Reports, University of Warsaw, Faculty of Management, vol. 2(33), pages 80-87.
    • Handle: RePEc:sgm:resrep:v:2:i:33:y:2020:p:80-87
    as

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    File URL: http://www.sim.wz.uw.edu.pl/sites/default/files/artykuly/maria_schulders.pdf
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    References listed on IDEAS

    as
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    2. Choe, Jongmook, 2008. "Income inequality and crime in the United States," Economics Letters, Elsevier, vol. 101(1), pages 31-33, October.
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    More about this item

    Keywords

    partnerstwo publiczno-prywatne; project financing; forfaiting przez zrzeczenie; bariery PPP w Polsce; zamówienia publiczne;
    All these keywords.

    JEL classification:

    • H42 - Public Economics - - Publicly Provided Goods - - - Publicly Provided Private Goods
    • H83 - Public Economics - - Miscellaneous Issues - - - Public Administration
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

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