Public-Private Partnership: Current Status and Prospects for Development

Ivaylo Beev () and Petar Peshev ()
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Ivaylo Beev: University of National and World Economy, Sofia, Bulgaria

Economic Alternatives, 2016, issue 3, 317-330

Abstract: In this article the Public private partnership (PPP), due its special meaning to the national economy, is under investigation. A theoretical framework has been established, with all different types of PPP to be realized according to it. The study outlines the current state of PPP contracts, explaining the regulatory barriers hindering PPPs pursuant to the Public-Private Partnership Act (PPPA). The authors of this study hope that it will become grounds for the discussion of the issues raised in, whereby the result from the "part-time dispute" would be assessed along with the prospects for the formation of PPPs on a national level. And there are prospects for the development of PPPsboth in terms of their "natural substance" of activities, which are already realizes, as well as on terms of transforming the funding mechanisms of different projects of public importance.

Keywords: public-private partnership; mixed markets; concessions (search for similar items in EconPapers)
JEL-codes: H40 H44 L32 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:nwe:eajour:y:2016:i:3:p:317-330

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