WHY IT IS SO HARD? A HISTORY OF HIGHWAY CONCESSION CONTRACTS IN POLAND

• Authors: Despiney B. , Karpa W.
• Languages of publication: EN

Abstracts

EN

In this paper the authors analyse the early stages of the highway construction program in Poland. They argue that the whole investment process could be accelerated if much attention was paid to establishing a better legal framework. Investigating the bids for the A2 highway and the implementation of the concession agreement, they highlight the excessive red tape and poor monitoring system which led to a serious slowdown in the construction process. They also stress the necessity of choosing the best adapted financing method for infrastructure investments, as the use of the Public-Private Partnership (PPP) scheme has partially failed because of its financial weakness.

Keywords

EN

CONCESSION CONTRACTS; HIGHWAY CONSTRUCTION (POLAND); LEGAL FRAMEWORK'S ROLE; PUBLIC-PRIVATE PARTNERSHIP

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Institute of Economic Sciences, Polish Academy of Sciences
• Journal: Studia Ekonomiczne (Economic Studies)
• Year: 2008
• Issue: 1-2
• Pages: 21-31
• Document type: ARTICLE

Contributors

author

Despiney B.

author

Karpa W.

• B. Despiney, Paris School of Economics, Centre d' Economie de la Sorbonne, Universite Paris-1, CNRS 106-112 Bd de 1' Hópital, 75647 Paris Cedex 13, France

Identifiers

CEJSH db identifier

08PLAAAA054215