Record Details

Managing Public – Private Partnership Market in the Times of Economic crisis

Oeconomia Copernicana

View Archive Info
 
 
Field Value
 
Title Managing Public – Private Partnership Market in the Times of Economic crisis
 
Creator Krześ-Dobieszewska, Joanna; Warsaw School of Economics
 
Subject public-private partnership; public services; crisis; financial institutions; public finance

 
Description The article focuses on the issues and problems caused by the economic crisis of 2008 for public-private partnership (PPP). The challenges faced are presented from the point of view of a public entity, a private partner and a financial institution, as well as the relationships between these parties and the influence of economic issues on these relations. The most crucial of these challenges seems to be: the pressure on public finance and growing difficulties in financing the public infrastructural investments, the rise of the economic risk of investments and the necessity of sufficient and appropriate transfer and management of risk, and finally – the lack of interest of financial institutions to finance long-term liabilities. The aim of the author is to provide a precise description and diagnosis of the issues mentioned above, which might improve the strategic management of PPP market as well as management of projects. The article is based on experience, documents and working papers concerning the countries and markets of the European Union but the presented conclusions should be of more universal nature.
 
Publisher Uniwersytet Mikołaja Kopernika w Toruniu
 
Contributor
 
Date 2014-09-26
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion


 
Format application/pdf
 
Identifier http://apcz.pl/czasopisma/index.php/OeC/article/view/OeC.2014.014
10.12775/OeC.2014.014
 
Source Oeconomia Copernicana; Vol 5, No 2 (2014); 63-74
Oeconomia Copernicana; Vol 5, No 2 (2014); 63-74
2353-1827
2083-1277
 
Language eng
 
Relation http://apcz.pl/czasopisma/index.php/OeC/article/view/OeC.2014.014/4296