Egra Ibrahimi – Mediterranean University of Albania, Bulevardi Gjergj Fishta 52, Tirana 1023, Albania
Keywords:
PPP;
Risk;
Benefits;
Effective policy;
Developing countries
Abstract: PPP contracts are now widely spread all over the world, including both developed and developing countries, especially in getting major infrastructure projects built. They consist of a large private sector participation, aiming to achieve efficiency and effectiveness. Sometimes, happens that these projects fail to find the best level of private-sector participation. There are some reasons behind this: the fact that the public and private sectors think differently about the risk of such projects, corruption level, lack of effective policy, institutional framework, macroeconomic situation, etc.
There is a difference between PPP contract implementation in developed and developing countries. There are some challenges in developing countries, such as lack of effective policy, poor planning, the country’s macroeconomic situation, level of corruption, etc. Through a descriptive analysis, this paper shall argue some of the benefits and some risks of the implementation of PPP contracts for developing countries including Albania.
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LIMEN Conference
9th International Scientific-Business Conference – LIMEN 2023 – Leadership, Innovation, Management and Economics: Integrated Politics of Research – CONFERENCE PROCEEDINGS, Hybrid (Graz University of Technology, Graz, Austria), December 7, 2023
LIMEN Conference Proceedings published by the Association of Economists and Managers of the Balkans, Belgrade, Serbia
LIMEN Conference 2023 Conference Proceedings: ISBN 978-86-80194-78-3, ISSN 2683-6149, DOI: https://doi.org/10.31410/LIMEN.2023
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Suggested citation
Ibrahimi, E. (2023). Implementation of PPP Contracts: Pros and Cons. In V. Bevanda (Ed.), International Scientific-Business Conference – LIMEN 2023: Vol 9. Conference Proceedings (pp. 413-421). Association of Economists and Managers of the Balkans. https://doi.org/10.31410/LIMEN.2023.413
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