The Impact of the Financial and Economic Crisis on Public Private Partnerships
The primary purpose of this paper is to contribute to the current debate on the impact of the economic and financial crisis on public-private partnerships (PPPs). The crisis has caused a substantial fall in the PPP market. PPPs have been exposed to both financial and real impacts of the crisis. High...
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| Format: | Article |
| Language: | English |
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University of Ljubljana Press (Založba Univerze v Ljubljani)
2013-06-01
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| Series: | Central European Public Administration Review |
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| Online Access: | https://journals.uni-lj.si/CEPAR/article/view/20382 |
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| _version_ | 1832591521168228352 |
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| author | Matej Švigelj Nevenka Hrovatin |
| author_facet | Matej Švigelj Nevenka Hrovatin |
| author_sort | Matej Švigelj |
| collection | DOAJ |
| description | The primary purpose of this paper is to contribute to the current debate on the impact of the economic and financial crisis on public-private partnerships (PPPs). The crisis has caused a substantial fall in the PPP market. PPPs have been exposed to both financial and real impacts of the crisis. High interest rates and limited access to finance have been seen as the main factors reflecting the impact of the financial crisis on PPPs. In addition, due to the recession the decreased revenues of PPP projects have reduced their feasibility or impacted on their overall profitability. Measures adopted to help the PPP market in the analysed countries reveal that they mostly involve some form of government support. Further, the paper also critically examines the deficiencies of PPPs. |
| format | Article |
| id | doaj-art-772206ccfb1a49b682c8cd2838e59b4a |
| institution | Kabale University |
| issn | 2591-2240 2591-2259 |
| language | English |
| publishDate | 2013-06-01 |
| publisher | University of Ljubljana Press (Založba Univerze v Ljubljani) |
| record_format | Article |
| series | Central European Public Administration Review |
| spelling | doaj-art-772206ccfb1a49b682c8cd2838e59b4a2025-01-22T10:55:04ZengUniversity of Ljubljana Press (Založba Univerze v Ljubljani)Central European Public Administration Review2591-22402591-22592013-06-0111210.17573/ipar.2013.2.a04The Impact of the Financial and Economic Crisis on Public Private PartnershipsMatej Švigelj0Nevenka Hrovatin1Univerza v Ljubljani, Ekonomska fakultetaUniverza v Ljubljani, Ekonomska fakultetaThe primary purpose of this paper is to contribute to the current debate on the impact of the economic and financial crisis on public-private partnerships (PPPs). The crisis has caused a substantial fall in the PPP market. PPPs have been exposed to both financial and real impacts of the crisis. High interest rates and limited access to finance have been seen as the main factors reflecting the impact of the financial crisis on PPPs. In addition, due to the recession the decreased revenues of PPP projects have reduced their feasibility or impacted on their overall profitability. Measures adopted to help the PPP market in the analysed countries reveal that they mostly involve some form of government support. Further, the paper also critically examines the deficiencies of PPPs.https://journals.uni-lj.si/CEPAR/article/view/20382public private partnershippublic sectorfinancial crisisinnovations |
| spellingShingle | Matej Švigelj Nevenka Hrovatin The Impact of the Financial and Economic Crisis on Public Private Partnerships Central European Public Administration Review public private partnership public sector financial crisis innovations |
| title | The Impact of the Financial and Economic Crisis on Public Private Partnerships |
| title_full | The Impact of the Financial and Economic Crisis on Public Private Partnerships |
| title_fullStr | The Impact of the Financial and Economic Crisis on Public Private Partnerships |
| title_full_unstemmed | The Impact of the Financial and Economic Crisis on Public Private Partnerships |
| title_short | The Impact of the Financial and Economic Crisis on Public Private Partnerships |
| title_sort | impact of the financial and economic crisis on public private partnerships |
| topic | public private partnership public sector financial crisis innovations |
| url | https://journals.uni-lj.si/CEPAR/article/view/20382 |
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