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Egra Ibrahimi – Mediterranean University of Albania, Bulevardi Gjergj Fishta 52, Tirana 1023, Albania

Keywords:
PPP;
Risk;
Benefits;
Effective policy;
Developing countries

DOI: https://doi.org/10.31410/LIMEN.2023.413

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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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

Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission. 

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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