Public-Private Partnership as an Institutional Instrument of Investment in the Country’s Economy
The article is aimed at researching the world experience of efficient interaction between the public and private sectors, defining the main advantages of the implementation of public-private partnership (PPP) relations, identifying problems in the legislative base on regulation of the PPP process in...
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Format: | Article |
Language: | English |
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Research Centre of Industrial Problems of Development of NAS of Ukraine
2018-01-01
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Series: | Bìznes Inform |
Subjects: | |
Online Access: | http://business-inform.net/export_pdf/business-inform-2018-1_0-pages-111_116.pdf |
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author | Dergachova Viktoriia V. Kuznietsova Kateryna O. |
author_facet | Dergachova Viktoriia V. Kuznietsova Kateryna O. |
author_sort | Dergachova Viktoriia V. |
collection | DOAJ |
description | The article is aimed at researching the world experience of efficient interaction between the public and private sectors, defining the main advantages of the implementation of public-private partnership (PPP) relations, identifying problems in the legislative base on regulation of the PPP process in Ukraine. Introduction and formation of public-private partnership as an instrument of attraction of investment resources and interaction of public and private sectors are considered. It has been found that lack of financing and negative experience of privatization of the State property caused the introduction of the PPP institute in the world practice. However, there is no single unified approach to the regulation of relations in the sphere of PPP presently, which would meet the needs of all countries. In Ukraine, this mechanism is being implemented, but it is not a widespread practice because of terminological discrepancies and lack of a uniform procedure for providing the State support to the implementation of PPP. The advantages of the PPP implementation for the public and private sectors have been determined. |
first_indexed | 2024-04-12T20:50:03Z |
format | Article |
id | doaj.art-36b2ba0d66654f39a2d3551fbf2cace1 |
institution | Directory Open Access Journal |
issn | 2222-4459 2311-116X |
language | English |
last_indexed | 2024-04-12T20:50:03Z |
publishDate | 2018-01-01 |
publisher | Research Centre of Industrial Problems of Development of NAS of Ukraine |
record_format | Article |
series | Bìznes Inform |
spelling | doaj.art-36b2ba0d66654f39a2d3551fbf2cace12022-12-22T03:17:09ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2018-01-011480111116Public-Private Partnership as an Institutional Instrument of Investment in the Country’s EconomyDergachova Viktoriia V.0Kuznietsova Kateryna O.1Doctor of Sciences (Economics), Professor, Head of the Department, Department of Management, National Technical University of Ukraine «Igor Sikorsky Kyiv Polytechnic Institute»Candidate of Sciences (Economics), Senior Lecturer, Department of Management, National Technical University of Ukraine «Igor Sikorsky Kyiv Polytechnic Institute»The article is aimed at researching the world experience of efficient interaction between the public and private sectors, defining the main advantages of the implementation of public-private partnership (PPP) relations, identifying problems in the legislative base on regulation of the PPP process in Ukraine. Introduction and formation of public-private partnership as an instrument of attraction of investment resources and interaction of public and private sectors are considered. It has been found that lack of financing and negative experience of privatization of the State property caused the introduction of the PPP institute in the world practice. However, there is no single unified approach to the regulation of relations in the sphere of PPP presently, which would meet the needs of all countries. In Ukraine, this mechanism is being implemented, but it is not a widespread practice because of terminological discrepancies and lack of a uniform procedure for providing the State support to the implementation of PPP. The advantages of the PPP implementation for the public and private sectors have been determined.http://business-inform.net/export_pdf/business-inform-2018-1_0-pages-111_116.pdfpublic-private partnershipinvestmentinstitutional instrumentEuropean experienceconcessionmechanism |
spellingShingle | Dergachova Viktoriia V. Kuznietsova Kateryna O. Public-Private Partnership as an Institutional Instrument of Investment in the Country’s Economy Bìznes Inform public-private partnership investment institutional instrument European experience concession mechanism |
title | Public-Private Partnership as an Institutional Instrument of Investment in the Country’s Economy |
title_full | Public-Private Partnership as an Institutional Instrument of Investment in the Country’s Economy |
title_fullStr | Public-Private Partnership as an Institutional Instrument of Investment in the Country’s Economy |
title_full_unstemmed | Public-Private Partnership as an Institutional Instrument of Investment in the Country’s Economy |
title_short | Public-Private Partnership as an Institutional Instrument of Investment in the Country’s Economy |
title_sort | public private partnership as an institutional instrument of investment in the country s economy |
topic | public-private partnership investment institutional instrument European experience concession mechanism |
url | http://business-inform.net/export_pdf/business-inform-2018-1_0-pages-111_116.pdf |
work_keys_str_mv | AT dergachovaviktoriiav publicprivatepartnershipasaninstitutionalinstrumentofinvestmentinthecountryseconomy AT kuznietsovakaterynao publicprivatepartnershipasaninstitutionalinstrumentofinvestmentinthecountryseconomy |