Causes of PPP s Failures
|Author:||Mgr. Michaela Kubištová|
|Year:||2007 - summer|
|Leaders:|| PhDr. Tomáš Sedláček Ph.D.
|Work type:|| Finance, Financial Markets and Banking
|Awards and prizes:|
|Abstract:||The paper aims to identify and analyse the reasons for the failure of public - private partnership projects (PPPs). PPPs are a common means of ensuring public services or public infrastructure. In the Czech Republic, this method is relatively new and is considered rather fabulous because of the media publicity surrounding the D47 project. For this reason, the principles on which the whole concept is based are explained in detail and discussed critically. I then identify and analyse the reasons for the failure of unsuccessful PPP projects implemented in various sectors. The causes for these failures are illustrated in detail in several case studies, among which the D47 is also included. Ways for preventing these failures are examined based on the identification and analysis. This section is based on theory as well as on work experience in the field. At the end of this paper, I make recommendations for implementing PPPs more successfully and effectively with regard to the contemporary situation in the Czech Republic.|
|Downloadable:|| Diploma Thesis of Michaela Kubištová