Establishing Public - Private Partnerships In Publicly-Owned Companies Cover Image

Uspostavljanje javno - privatnog partnerstva u javnim preduzećima
Establishing Public - Private Partnerships In Publicly-Owned Companies

Author(s): Zoran Jovanović, Bojan Urdarević, Mirjana B. Knežević
Subject(s): Economy
Published by: Универзитет у Нишу
Keywords: Public-private partnership; public procurement; subcontracting; restructuring; privatization

Summary/Abstract: The concept of publicprivate partnership nowadays represents a systematic approach in many countries, because of its highly defined legal framework and because it has been regulated by proactive politics. In order to be successful, the implementation of the concept of public-private partnership has to be wellorganized. The main reason why the public sector would enter a publicprivate partnership is avoiding the budget deficit and public debt. The orientation towards the concept of public-private partnership at the European Union level was a logical move, imposed by the financial limits of national budgets, as well as the potential of the private sector. However, despite the fact that cooperation between the public and private sectors can show certain benefits on the microeconomic level, it is not the magic solution for the budget limits on the macroeconomic level.

  • Issue Year: 2012
  • Issue No: 02
  • Page Range: 905-920
  • Page Count: 16
  • Language: Serbian