Ovidius University Annals: Economic Sciences Series (Feb 2024)

Enhancing International Public-Private Partnerships by Entering New Markets like Asia and Africa

  • Cristina Iuliana Petrovan (Maranda)

Journal volume & issue
Vol. XXIII, no. 2
pp. 145 – 153

Abstract

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This article attempts to provide some effective models for implementing this kind of collaboration involving the public and private sectors, starting with the distinctions that exist globally concerning the formation of “public-private partnerships”. China, India, and South Africa have emerged in the past ten years, as global leaders within the “public-private partnerships” field, as they view it as a crucial tool for the development of infrastructure. Even though these regions encounter project failure factors when implementing projects in “public-private partnership”, they can support “public-private partnership” growth through efficient risk management and the creation of various tools that promote “public-private collaboration”.

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