Theoretical Aspects of the Implementation of Public-Private Partnership

Mantas Dūda

Abstract


The purpose of this article is to analyse theoretical aspects of the implementation of publicprivate partnership. The article highlights the key role of the government in implementing publicprivate partnership, which must establish an adequate system for managing the partnership processes. This system must include processes such as formation of a partnership structure and determination of its scope, cost and risk sharing between partners, conclusion of the partnership contract, contract management, and phase management of the public-private partnership the realization and operation. The article highlights dysfunctions in the implementation of publicprivate partnership, determining deviations from the objectives of the principles of efficiency, economy, transparency, accountability and equity that are applied to partnership.

Keywords


public-private partnership (PPP); dysfunctions of PPP

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"Public Policy and Administration" ISSN online 2029-2872 / ISSN print 1648-2603