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2016, vol. 54, iss. 4-6, pp. 473-485
Public-private partnership (concept, characteristics, reasons pro and contra)
University of Kragujevac, Faculty of Law
Keywords: concept of public-private partnership; important characteristics of public-private partnership; pro and contra reasons
Abstract
As an alternative method of offering the services that were traditionally in domain of public sector, public-private partnership (PPP) appears as one of the instruments of, so called, new public management. A broad specter of PPP models, particularly those based on contracts, prevents theoreticians to define its general concept. In this paper, however, the author makes attempts in that direction pointing to the observed deficiencies of this new instrument, as well as to the methods of their overcoming. The focus of the author's analysis is a series of factors that determine PPP, that is a set of elements which constitute its essence. She further underlines numerous pro and contra reasons for PPP whose analysis leads us to conclude that PPP should not be unconditionally accepted as the only suitable way for resolving the infrastructural problems in offering public services. Therefore, the planning and realization of such projects should be approached and conducted in a comprehensive and rational way, after precise analyses of needs and goals of public sector, as well as of strengths and weaknesses of PPP in comparison to traditional methods of offering public services. Competition, elimination of corruption, transparency, flexibility of contracts are just some of the requirements that could guarantee the success of PPP which should not be measured only by the partners' profit, but also by the improved quality, efficacy and economy of services and by added value and decrease of costs for final users.

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article language: Serbian
document type: unclassified
published in SCIndeks: 15/07/2016

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