OVERVIEW OF LEGAL FRAMEWORK OF PUBLIC PRIVATE PARTNERSHIPS IN ALBANIA
Albania has made positive steps in improving the legal framework of Public Private Partnerships (PPPs) and the political environment. The laws have encountered several amendments in the last 10 years, but there is still room for improvement. Albania has incorporated the EU directives and the UNCITRAL recommendations into PPPs legislation and we have to admit the effectiveness of the law 125/2013 “On concessions and public private partnership.” This paper aims to present a view of the actual legal and sublegal framework of PPPs in our country and to note the development of this sector in potential benefits for both sectors, private and public.Moreover, judicial quality has improved in Albania even though there is room for further improvement. Moreover, there has been noticed a strengthening of institutional capacity due to co-ordination of consultants and external advisers, but government agencies are at the early stages of developing PPPs. The political environment for PPPs is favourable, especially in the energy and transport sector. Further improvement is required in the transparency and fairness of procedures in practice.
(ATRAKO), A. o. (n.d.), Retrieved from www.atrako.gov.al.
Albanian Assembly, (2013), Law no. 125/2013 "On concessions and public private partnerships in Albania". Official Journal.
Burger, Philippe; Hawkesworth, Ian, OECD, (2011), How to attain value money: comparing PPP and traditional infrastructure public procurement, OECD Journal on Budgeting, Volume 2011/1, 17.
David Hall, P. (2014), Why public-private partnerships don't work, The many advantages of the public alternative.
European Commission, (2004), Green Paper on Private Public Partnerships and community law on public contracts and concessions, COM (2004) 327 final,. Brussels.
International Monetary Fund, (2004), Public Private Partnership. International Monetary Fund.
Investopedia. (2017), Retrieved from Investopedia: http://www.investopedia.com/terms/p/public-private-partnerships.asp
Partnerships British Columbia, (2003), An introduction to public private partnerships. Canada: Partnerships British Columbia.
The law dictionary, (2017), Retrieved from http://thelawdictionary.org
World Bank, (2014), Retrieved from PPP Knowledge Lab: https://pppknowledgelab.org/ppp-cycle/what-ppp
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License (Creative Commons Attribution License 3.0 - CC BY 3.0) that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
email@example.com, www.iseic.cz, ojs.journals.cz