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 language | Undefined |
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Pages (from-to) | 205-215 |
Journal | Business strategy and the environment |
Volume | 14 |
Issue number | 4 |
DOIs | |
Publication status | Published - 2005 |
Keywords
- Participation
- Public-private partnerships
- METIS-230978
- Networks
- Hungary
- IR-72036
- Governance