Research of Public-Private Partnerships Influence on the Economy Cover Image

Изследване влиянието на публично-частните партньорства върху икономиката
Research of Public-Private Partnerships Influence on the Economy

Author(s): Svetoslav Iliychovski, Petranka Midova, Teodora Filipova
Subject(s): Economy
Published by: Стопанска академия »Д. А. Ценов«
Keywords: Public-Private Partnership; Kinds of PPP; Projects; Projects’ Life Cycle; Project’s Risk; Project Budgeting; Project Effectiveness; PPP in Bulgaria

Summary/Abstract: The presence of an up-to-date and sophisticated infrastructure signifies a fundamental stimulus for economic growth and hence raising people’s standard of living. Throughout its economic development our country needs fresh and unconventional decision-making in public servicing as well as modernization of infrastructure and public utilities. International experience reveals that public-private partnership (PPP) has turned out to be the most successful financial tool to provide funding for public infrastructure in times when central government and municipalities lack the necessary financial resources on the one hand and maximum effectiveness of invested capital is imperative on the other. This project relies on the theoretical consideration of the essence of public-private partnerships as well as empirical research of some operating public-private partnerships in Veliko Tarnovo region.

  • Issue Year: 2011
  • Issue No: 05
  • Page Range: 119-134
  • Page Count: 16
  • Language: Bulgarian