PUBLIC – PRIVATE PARTNERSHIP IN PROVIDING PUBLIC GOODS AND SERVICES

Local administrations are searching for new ways to efficiently deliver services and to develop and maintain the infrastructure that allows economic development. Increasingly, they are turning to public-private partnerships to do so. PPPs covers a wide range of partnerships arrangements, such as: outsourcing, joint ventures, concessions, sales of equity stakes in state owned business, privatization, private finance initiative, but these forms of PPPs are not adopted by all specialists. Some organizations and specialists exclude privatization from the PPPs, because in their opinion PPPs are viable alternatives to privatization. The concept of PPP is very ambiguous.public-private partnership, concession, outsourcing, privatization