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

D.J. Regeczi

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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.
Original languageUndefined
Pages (from-to)205-215
JournalBusiness strategy and the environment
Volume14
Issue number4
DOIs
Publication statusPublished - 2005

Keywords

  • Participation
  • Public-private partnerships
  • METIS-230978
  • Networks
  • Hungary
  • IR-72036
  • Governance

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