Public private partnership posibilities of development in Lithuania
The article analyses development of public and private partnership in Lithuania. The topicality of the theme is revealed through changes in economic life, which consequently necessitate changes in activities of public and private sectors. To better satisfy the needs of the society, an attempt is made to focus not on the generation of profit but namely on the increase in possibilities for satisfying consumer’s needs; therefore, private enterprises, which mainly target at business, more and more frequently collaborate with the public sector while expanding their activity and, thus, contribute to ensuring of public welfare. To some extent, collaboration in this sphere (frequently referred to as public private partnership – PPP) is considered partially because of possibilities for employing practical experience accumulated by the private sector for increasing work efficiency in government institutions. The goal of the article is to analyse the main conditions that predetermine development of public and private partnership in Lithuania and to provide recommendations for increase in efficiency of collaboration between theses sectors. The research methods: on the basis of analysis of scientific literature and legal acts as well as comparative case study, an attempt is made to single out possibilities for PPP expansion in Lithuania. Analysing the practice of project implementation in Lithuania, an effort is made to provide conclusions and recommendations for more efficient implementation of PPP.
JEL codes: L320, H830.
Article in: English
Published on-line: 2012-12-28
Keyword(s): public sector, private sector, public private partnership (PPP), concession, project implementation, lease, joint activity
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Management Theory and Studies for Rural Business and Infrastructure Development eISSN 2345-0355
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