CONCEPTUAL ELEMENTS AND CHARACTERISTICS CONCERNING PUBLIC-PRIVATE PARTNERSHIP
Autor (i): Florina Popa
JEL: H41; H42; H44
Cuvinte cheie: partnership, public sector, private sector, concept.
Abstract:
Public-private partnerships are forms of cooperation between the public and, respectively, private sector, in order to achieve infrastructures or services, through which there are expected to optimize the experiences of the two entities. Knowledge of the collaboration between the two sectors is important from the perspective of the contribution to promote economic development, regeneration of urban areas, in the context of the participation of a wide range of actors belonging to central/local governments, private actors. The emergence of this new form of cooperation, in the last period, can be considered, among others, as a consequence of governments'constraint on avoiding the growth of public spending, paying attention to new forms of financing. The paper proposes a brief presentation of the defining elements about the concept of public-private partnership, respectively, its motivation and objectives, the history of the emergence of partnership forms and their evolution until the modern age, the definition and characteristics of the concept, as expressed in the opinions of some theoreticians or international bodies.
Public-private partnerships are forms of cooperation between the public and, respectively, private sector, in order to achieve infrastructures or services, through which there are expected to optimize the experiences of the two entities. Knowledge of the collaboration between the two sectors is important from the perspective of the contribution to promote economic development, regeneration of urban areas, in the context of the participation of a wide range of actors belonging to central/local governments, private actors. The emergence of this new form of cooperation, in the last period, can be considered, among others, as a consequence of governments'constraint on avoiding the growth of public spending, paying attention to new forms of financing. The paper proposes a brief presentation of the defining elements about the concept of public-private partnership, respectively, its motivation and objectives, the history of the emergence of partnership forms and their evolution until the modern age, the definition and characteristics of the concept, as expressed in the opinions of some theoreticians or international bodies.
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