Financial and legal aspects of public-private partnership in financing revitalization activities – general issues
Financial and legal aspects of public-private partnership in financing revitalization activities – general issues
Author(s): Magdalena Ślebocka, Aneta TylmanSubject(s): Economy, Business Economy / Management, Public Finances
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: revitalization; public participation; public-private partnership
Summary/Abstract: Public participation is gaining importance with regard to the implementation of municipal investments of various kinds. The relations between inhabitants and local authorities, are currently coming more towards participation based on consensus rather than confrontation. Changes in this area are a positive result of both the examples of good practices coming from the developed European countries (Norway, France, Germany), as well as the orientation of the EU urban policy in this direction. At the same time, however, the EU urban policy draws attention to the scarcity of public financing as regards municipal investment projects. The EU policy emphasizes the need to involve private funds. Both the EU and Polish strategic documents on urban policy point to the role and importance of public-private partnership in financing municipal investments. The paper presents public-private partnership as one of the basic means of realization of the idea of social participation in the financing of revitalization processes as well as the problems related to this funding model within the Polish legislation in relation to the European Union provisions in this regard.
Journal: Ekonomiczne Problemy Usług
- Issue Year: 125/2016
- Issue No: 4
- Page Range: 327-336
- Page Count: 10
- Language: English