The Public-private Partnership in Selected Countries of Central and Eastern Europe Cover Image

Partnerstvo verejného a súkromného sektora vo vybraných krajinách strednej a východnej Európy
The Public-private Partnership in Selected Countries of Central and Eastern Europe

Author(s): Mária Kačírková
Subject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: public-private partnership; infrastructure development; highway sector; institutional framework

Summary/Abstract: The lack of domestic capital and need to upgrade the infrastructure drove to the effort to solve this problem with mobilising of the private finance. The article presents the role of public-private partnership (PPPs) and experience with it in selected countries of Central and Eastern Europe (CEE). Why the PPPs have not been very successful in this region is mainly due to unfavourable institutional environment during the transition period, suboptimal project design and unrealistic demand projections. The article is structured in the following ways: section 1 provides the basic information about PPPs, section 2 provides a survey of PPPs in CEE over the last decade. Section 3 is focused on the highway sector in selected countries of CEE, as a particularly strategic infrastructure sector. Section 4 points out the advantages and disadvantages of the PPPs and gives general conclusions.

  • Issue Year: 54/2006
  • Issue No: 10
  • Page Range: 1053-1067
  • Page Count: 15
  • Language: Slovak
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