Advances in Economics and Business Vol. 1(2), pp. 57 - 71
DOI: 10.13189/aeb.2013.010203
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Determinants of Implementation of Public-Private Partnership in Poland: the Case of Transport Infrastructure


Beata Zagozdzon*
Faculty of Transport and Electrical Engineering, Kazimierz Pulaski University of Technology and Humanities in Radom, 26-600 Radom, Poland

ABSTRACT

One of the models of financing public investments, especially transport infrastructure, is a public-private partnership (PPPs). The European Commission has been supporting this formula of implementing transport investments for more than ten years. The PPP formula is very important for the “new” EU countries from Central Europe, because it helps bridge the gap between the investment needs and the financial resources that are available in these countries. However, achieving success in the practical implementation of PPP requires the creation of appropriate conditions supporting this concept. The aim of this article is to identify determinants of implementation of PPP in the area of transport infrastructure and to present an analysis of the influence of these factors on the development of partnership in Poland. Research in the available literature has made it possible to identify three main groups of the determinants of PPP: the government's economic doctrine which includes the macroeconomic condition of the economy, the legal system, and the capacity of public institutions. The analysis confirmed that these determinants are important for the implementation of transport projects in Poland. The research also indicated that strong government support is particularly important for the development of the Polish PPP market. The government should initiate the formulation of appropriate legal regulations and create public institutions, whose purpose is to advise and support local public authorities in the practical implementation of PPP.

KEYWORDS
Public-private partnership, transport, PPP in Europe, Poland

Cite this paper
Beata Zagozdzon . "Determinants of Implementation of Public-Private Partnership in Poland: the Case of Transport Infrastructure." Advances in Economics and Business 1.2 (2013) 57 - 71. doi: 10.13189/aeb.2013.010203.