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Advantages and Limitations of the Public Private Partnerships and the Possibility of Using Them in Romania

Transylvanian Review of Administrative Sciences

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Title Advantages and Limitations of the Public Private Partnerships and the Possibility of Using Them in Romania
 
Creator PÂRVU, Daniela; Lecturer, Department of Economic Theory and Finances, Faculty of Economic Sciences, University of Piteşti, Piteşti, Romania
VOICU-OLTEANU, Cristina; Argeş County Council, Argeş, Romania
 
Subject —
 
Description Public-private partnership (PPP) is a means for the public sector to complete infrastructure projects by using the skills and the experience of the private sector. In many cases, PPP may also mean that the private sector finances public infrastructure investments. PPPs can present difficult and complex contractual issues for both the public and the private sector partners. The goal of this paper is to emphasize and to analyze the advantages and the risks posed by the publicprivate partnerships starting from the presentation of the experience acquired by the actors involved in the construction and the use of the Channel Tunnel. In addition, the paper aims to analyze the situation of the PPPs in Romania. Taking into consideration that, in the context of accession to the European Union, an increase in the number and importance of the PPP projects was observed at the level of several member states, the interest of the Romanian local public authorities in PPPs is prefigured to increase in the next period. The final part of the paper analyzes the causes of the reluctance manifested by the Romanian local authorities in using private resources to accomplish public investments.
 
Publisher Babes Bolyai University
 
Contributor —
 
Date 2009-10-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://rtsa.ro/tras/index.php/tras/article/view/388
 
Source Transylvanian Review of Administrative Sciences; 2009: Issue No. 27 E/October; 189-198
1842-2845
 
Language eng
 
Relation http://rtsa.ro/tras/index.php/tras/article/view/388/378
 
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