Analysis of public-private partnership projects in Serbia

The concept of public-private partnership (PPP) (Public-Private Partnership - PPP) in the last few decades have become a very desirable way of financing the construction, maintenance and operation of public infrastructure and provision of public services, activities that traditionally belong to the...

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Main Authors: Damjanović Aleksandar M., Minić Milomir, Milovanović Svetislav
Format: Article
Language:English
Published: University Dzon Nezbit 2017-01-01
Series:Megatrend Revija
Subjects:
Online Access:http://scindeks-clanci.ceon.rs/data/pdf/1820-3159/2017/1820-31591701117D.pdf
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author Damjanović Aleksandar M.
Minić Milomir
Milovanović Svetislav
author_facet Damjanović Aleksandar M.
Minić Milomir
Milovanović Svetislav
author_sort Damjanović Aleksandar M.
collection DOAJ
description The concept of public-private partnership (PPP) (Public-Private Partnership - PPP) in the last few decades have become a very desirable way of financing the construction, maintenance and operation of public infrastructure and provision of public services, activities that traditionally belong to the public sector. As there is constant need for improvement of public services and lack of funds, PPP emerges as a possible wayof solving the problem of financing the development. In countries in transition, such as Serbia, especially during periods of recession and fiscal restrictions, PPP takes onor at least it should gain in importance. Will the concept of PPP be used to the desired extent depends on a number of very different factors such as: the capacity of professional sector, political environment, economic policy, market conditions, macroeconomic stability, institutional framework, the quality of legal system. The impact of some of these factors on PPP will be analyzed in this paper with more attention paid to the legal system which represents a backbone for successful partnerships.
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spelling doaj.art-5a2109140c114303a88278ad4e3632bd2022-12-21T23:38:35ZengUniversity Dzon NezbitMegatrend Revija1820-31592017-01-0114111713210.5937/MegRev1701117D1820-31591701117DAnalysis of public-private partnership projects in SerbiaDamjanović Aleksandar M.0Minić Milomir1Milovanović Svetislav2Faculty for Economics 'Dositej', Belgrade + Center for Public-Private Partnership, Belgraden/aFaculty for Economics 'Dositej', Belgrade + Center for Public-Private Partnership, BelgradeThe concept of public-private partnership (PPP) (Public-Private Partnership - PPP) in the last few decades have become a very desirable way of financing the construction, maintenance and operation of public infrastructure and provision of public services, activities that traditionally belong to the public sector. As there is constant need for improvement of public services and lack of funds, PPP emerges as a possible wayof solving the problem of financing the development. In countries in transition, such as Serbia, especially during periods of recession and fiscal restrictions, PPP takes onor at least it should gain in importance. Will the concept of PPP be used to the desired extent depends on a number of very different factors such as: the capacity of professional sector, political environment, economic policy, market conditions, macroeconomic stability, institutional framework, the quality of legal system. The impact of some of these factors on PPP will be analyzed in this paper with more attention paid to the legal system which represents a backbone for successful partnerships.http://scindeks-clanci.ceon.rs/data/pdf/1820-3159/2017/1820-31591701117D.pdfPublic Private Partnerships (PPP)Western Balkan Countriesprojecteconomydevelopment
spellingShingle Damjanović Aleksandar M.
Minić Milomir
Milovanović Svetislav
Analysis of public-private partnership projects in Serbia
Megatrend Revija
Public Private Partnerships (PPP)
Western Balkan Countries
project
economy
development
title Analysis of public-private partnership projects in Serbia
title_full Analysis of public-private partnership projects in Serbia
title_fullStr Analysis of public-private partnership projects in Serbia
title_full_unstemmed Analysis of public-private partnership projects in Serbia
title_short Analysis of public-private partnership projects in Serbia
title_sort analysis of public private partnership projects in serbia
topic Public Private Partnerships (PPP)
Western Balkan Countries
project
economy
development
url http://scindeks-clanci.ceon.rs/data/pdf/1820-3159/2017/1820-31591701117D.pdf
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