Public Private Partnership Model in the Provision and Financing of Public Services: European Union and Turkey
The changing role of the state in the economy, especially after the 1990s, has led to the use of more and more public-private partnership (PPP) models as well as traditional methods of providing and financing public services. Public-private partnership, which is an umbrella concept used in the fulf...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
International Public Finance Conference/Turkey
2019-12-01
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| Series: | International Journal of Public Finance |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/en/download/article-file/906703 |
| Summary: | The changing role of the state in the economy, especially after the 1990s, has led to the use of more and more public-private partnership (PPP) models as well as traditional methods of providing and financing public
services. Public-private partnership, which is an umbrella concept used in the fulfillment of public services in various fields, primarily in infrastructure investments, is becoming a model adopted by the governments of developing countries which can not meet the increasing
infrastructure need with limited public resources. Therefore, PPP investments are increasing worldwide. However, this increase brings with it various problems. One of these problems is that it increases risks and
uncertainties in terms of public finance, disrupts budget discipline and increases debt stock. For this reason, it is thought to be useful to examine PPP projects. The aim of this study is to evaluate the development of PPP
model historically, to determine the place of public services in the methods of presentation and financing and to make a brief evaluation of the applications. Selected experiences are the European Union (EU) and
Turkey. Practices of PPP in Turkey, parallel to developments in the world, began in the 1990s. So, we need to look at the practice of other countries in
order to evaluate Turkey. Because Turkey is a candidate country to the EU, we need to understand and evaluate the practices of the EU. In this study, it is determined that PPP investments in Turkey an EU has increased. |
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| ISSN: | 2548-0499 2548-0499 |