Public-Private Partnership in Europe: Comparative and Sectoral Perspective
Public-Private Partnership in Europe: Comparative and Sectoral Perspective
Author(s): Sunčana SlijepčevićSubject(s): Economy, Public Administration, Public Finances
Published by: ASERS Publishing
Keywords: public-private partnership; analysis of variance; project; public sector; private sector;
Summary/Abstract: The global financial crisis caused additional challenges for financing infrastructure projects in European countries. While the governments have been widely faced with urgent pressure to reduce public debt and consolidated general government deficit, the requirements for public services and implementation of infrastructure projects are rising. Thus, many countries are seeking private partners for financing capital projects. The literature shows that public-private partnership is also highly sensitive to financial and real sector crises. This paper explores attitudes towards public-private partnership and greater involvement of the private sector in provision of public services in European countries from a comparative and sectoral perspective. Although European countries are very different, in all of them co-operation between different government levels is important and the second-tier level of government can make proposals concerning infrastructure projects that are needed. The analysis is based on data from a survey conducted in 14 countries.
Journal: Journal of Applied Economic Sciences (JAES)
- Issue Year: XIV/2019
- Issue No: 64
- Page Range: 319-331
- Page Count: 13
- Language: English