A General Overview of PPP and Concession Contracts, Their Statistical Treatment and Classification

Elona Sevrani – Mediterranean University of Albania, Bulevardi Gjergj Fishta, 52, Tirana, 1023, Albania

Abstract: This paper explores the role of Public-Private Partnerships (PPPs) and concessionary contracts in economic development, highlighting the col­laboration between public and private sectors in delivering infrastructure and public services. PPPs leverage private expertise, capital, and management to efficiently finance, build, and operate projects traditionally provided by the public sector, such as roads, hospitals, and utilities. Concessionary contracts, a form of PPP, grant private entities rights to operate public services or manage infrastructure, typically funded through user fees.

The analysis underscores the advantages of PPPs, including cost savings, risk-shar­ing, and reduced public debt, supported by studies emphasizing efficiency gains and enhanced service delivery. Key motivations for using PPPs include managing fiscal constraints while addressing complex projects, reducing risks, and pro­moting equity in-service distribution.

Furthermore, the paper will explore the statistical treatment and classification of PPP contracts, emphasizing the importance of transparent and standardized accounting practices as outlined by Eurostat, EPEC, and the World Bank. By adhering to these standards, governments can manage their fiscal responsi­bilities effectively while ensuring accurate economic reporting.

8th International Scientific Conference on Recent Advances in Information Technology, Tourism, Economics, Management and Agriculture – ITEMA 2024 – Conference Proceedings, Hybrid (Zayed University, Dubai, UAE), October 24, 2024

ITEMA Conference Proceedings published by: Association of Economists and Managers of the Balkans – Belgrade, Serbia

ITEMA conference partners: Faculty of Economics and Business, University of Maribor, Slovenia; Faculty of Organization and Informatics, University of Zagreb, Varaždin; Faculty of Geography, University of Belgrade, Serbia; Institute of Marketing, Poznan University of Economics and Business, Poland; Faculty of Agriculture, Banat’s University of Agricultural Sciences and Veterinary Medicine ”King Michael I of Romania”, Romania

ITEMA Conference 2024 Conference Proceedings: ISBN 978-86-80194-89-9, ISSN 2683-5991, DOI: https://doi.org/10.31410/ITEMA.2024

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