 Public-Private Partnerships in Slovenia: Reverse Financial Innovations Enhancing the Public RoleNevenka Hrovatin Chapter 5 in Innovations in Financing Public Services, 2010, pp 87-113 from Palgrave Macmillan Abstract: Abstract Public-Private Partnership (PPP) is a broad term which covers a comprehensive range of private involvement in the provision of public services or services of general social interest, and involves quite a wide range of cooperation between the public and private sectors. In the broadest sense, it pertains also to privatisation, although in fact in the view of experts in the field this is a misconception, since the private sector does not buy an asset, but rather ‘purchases a stream of services under specified conditions’ (Grimsey and Lewis 2004, 6). This may also include private financing of public infrastructure, although the emphasis is on the private provision of services which may, of course, also involve construction. Participation of a private party in the project design, construction and management of project delivery and the collection of financial streams (including risk bearing) is a distinctive feature of PPP versus the traditional procurement type of contractual agreements. Keywords: Public Procurement; European Monetary Union; Public Enterprise; European Parliament; Electricity Distribution (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-28206-3_5 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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