Limited partnership: the lack of sustainable development in relation to participation in Hungarian public-private partnerships

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Regeczi, David (2005) Limited partnership: the lack of sustainable development in relation to participation in Hungarian public-private partnerships. Business Strategy and the Environment, 14 (4). pp. 205-215. ISSN 0964-4733

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Abstract:Public-private partnerships represent a new form of network governance, potentially offering flexibility, economic efficiencies and non-governmental participation in policy development. Such partnerships can be viewed in terms of sustainable development, achieving two of its three tenets - economic and social growth. Combining growth and participation has particular appeal in transition economies such as Hungary's, where both need stimulation. However, policy-making at the national level in Hungary inhibits participation. One key element of partnerships is trust. In transition economies such as Hungary, public- and private-sector actors have not had the time to develop the relationships necessary to create partnerships based on joint decision-making.
Item Type:Article
Copyright:© 2005 Wiley InterScience
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Link to this item:http://purl.utwente.nl/publications/72036
Official URL:http://dx.doi.org/10.1002/bse.469
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