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...

Full description

Bibliographic Details
Main Authors: Dergachova Viktoriia V., Kuznietsova Kateryna O.
Format: Article
Language:English
Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2018-01-01
Series:Bìznes Inform
Subjects:
Online Access:http://business-inform.net/export_pdf/business-inform-2018-1_0-pages-111_116.pdf
_version_ 1811266818543714304
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