Forfaiting by Waiver as an Alternative to Project Financing for the Realization of Public-Private Partnership Projects in Poland (Forfaiting przez zrzeczenie jako alternatywa finansowania projektu w celu realizacji projektow partnerstwa publiczno- prywatnego w Polsce)
Maria Schulders ()
Additional contact information
Maria Schulders: Faculty of Management, University of Warsaw
Research Reports, 2020, vol. 2, issue 33, 80-87
Despite growing social infrastructure investment needs, public-private partnership (hereinafter: PPP) is not developing in accordance to expectations in Poland. Only 25% of initiated proceedings conclude in the realization of a contract – a significantly lower rate as compared to other European nations. While there are many potential explanations for the poor development of PPP in Poland, this article showcases the inefficiencies in the project financing model, as well as analyzes the applicability of forfaiting by waiver for Polish PPP projects. It outlines the necessary conditions as well as potential benefits to PPP development should the forfaiting by waiver model be applied comprehensively as a mode of financing for Polish PPP projects. Critical success factors in PPP will be addressed, as well as project risk division and factors influencing the project price.
Keywords: partnerstwo publiczno-prywatne; project financing; forfaiting przez zrzeczenie; bariery PPP w Polsce; zamówienia publiczne (search for similar items in EconPapers)
JEL-codes: H42 H63 H83 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:sgm:resrep:v:2:i:33:y:2020:p:80-87
Access Statistics for this article
More articles in Research Reports from University of Warsaw, Faculty of Management Contact information at EDIRC.
Bibliographic data for series maintained by ().