Public-private Partnership and Economic Development Implication

Carmen Nastase (), Mariana Lupan () and Mihai Popescu ()
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Mariana Lupan: “Stefan cel Mare†University of Suceava, Romania
Mihai Popescu: “Stefan cel Mare†University of Suceava, Romania

Ovidius University Annals, Economic Sciences Series, 2022, vol. XXII, issue 1, 351-360

Abstract: Starting from the idea that the public-private partnership will become in the near future one of the main ways to finance major infrastructure works in Romania, nationally - regionally - locally, this article aims is to verify this hypothesis by analyzing the importance of the concept of publicprivate partnership at the international and national level. The analysis performed in this article take into consideration the degree to which it integrates the needs of the community and the interest of the private entities for partnership with public administration. In implementing their economic development plans, the governments of the countries face many challenges starting from the construction of the architecture of those infrastructure investments, continuing with their operationalization and last but not least regarding the securing of financing for the completion and for the project operation.

Keywords: public-private partnership; economic development implication; globalization (search for similar items in EconPapers)
JEL-codes: O18 O44 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xxii:y:2022:i:1:p:351-360

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