Public-private partnerships in new EU member countries of Central and Eastern Europe: An economic analysis with case studies from the highway sector

Andreas Brenck (ab@wip.tu-berlin.de), Thorsten Beckers (tb@wip.tu-berlin.de), Maria Heinrich (mrh@wip.tu-berlin.de) and Christian von Hirschhausen (cvh@mailbox.tu-dresden.de)
Additional contact information
Andreas Brenck: Berlin University of Technology
Thorsten Beckers: Berlin University of Technology
Maria Heinrich: Berlin University of Technology
Christian von Hirschhausen: Dresden University of Technology

No 10/2005, EIB Papers from European Investment Bank, Economics Department

Abstract: This paper analyses the role of public-private partnerships (PPPs) for infrastructure development in the new EU member states and candidate countries in Central and Eastern Europe. We survey projects in transport, water, energy, and telecommunications sectors and then focus on the highway sector. Based on theoretical considerations and extensive fieldwork in Hungary, Poland, Croatia, and the Czech Republic, we find that PPPs have not been very successful in the region to date. This is mainly due to the unfavourable institutional environment during the transition period, suboptimal project design, and unrealistic demand projections. However, the conditions for successful PPPs have considerably improved, partly due to EU membership, so that PPPs remain an important option for the second generation of infrastructure projects.

Keywords: public-private partnerships; transport; road pricing; transition countries (search for similar items in EconPapers)
JEL-codes: H40 H43 R48 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2005-06-06
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://www.eib.org/attachments/efs/eibpapers/eibpa ... 0_n02_en.pdf#page=84 Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:eibpap:2005_010

Access Statistics for this paper

More papers in EIB Papers from European Investment Bank, Economics Department Contact information at EDIRC.
Bibliographic data for series maintained by Polyxeni Kanelliadou (p.kanelliadou@eib.org).