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MODERN ASPECTS OF PUBLIC PRIVATE PARTNERSHIP

Milos Milosavljevic and Sladjana Benkovic
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Milos Milosavljevic: Faculty of Organizational Sciences University of Belgrade, Serbia
Sladjana Benkovic: Faculty of Organizational Sciences University of Belgrade, Serbia

Perspectives of Innovation in Economics and Business (PIEB), 2009, vol. 3, issue 3, 25-28

Abstract: Development of infrastructure is essential presumption for growth and development of relevant economic entities. The empirical evidence of private initiative importance and potentials in the establishment of cooperation with the public sector in infrastructure projects financing and operation refocused professional and academic attention on the studies of this phenomenon. The realm of the public private partnership (PPP) became scientifically treated as an interdisciplinary skill based mostly on project financing, whilst practically it became almost mandatory method for economic prosperity. Practical problems in implementation appeared due to lack of knowledge and nonsystematic approach in researches of private public partnership. This paper presents theoretical and practical directions for actors in this cooperation, scoping for mobilization of assets and energy for development and facilitation, and advancing of project investments efficiency.

Keywords: Infrastructure; public private partnership; hybrid public private partnership models (search for similar items in EconPapers)
JEL-codes: H54 O22 (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (2)

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