Abstract
This paper analyses the reform of the traditional role of public sector, the acceptance of new public management, and the implementation of the PPP model in the public investments financing. The gap between the need to build new public infrastructure and limited budget capacities requires a new role of the public sector, a new approach and new strategies. In the context of fiscal constraints, Public-Private Partnership (PPP) ensures more efficient implementation of public investments - faster construction, lower costs, optimal risk allocation, more efficient management, better public service, etc. Based on the study of new public administration models, the aim of this paper is to point to the possibility of applying the Public-Private Partnership model and to identify the new role of the public sector in the provision of public services and the provision of public infrastructure. This paper presents a study on the adoption and application of the model of Public-Private Partnerships in the Republic of Serbia and the Republic of Croatia.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.