DEVELOPMENT OF PUBLIC-PRIVATE PARTNERSHIP IN UKRAINE AND THE WORLD
Journal: International scientific journal "Internauka." Series: "Economic Sciences" (Vol.1, No. 47)Publication Date: 2021-03-31
Authors : Izmaylov Yaroslav; Yegorova Iryna;
Page : 67-73
Keywords : development; public-private partnership; investment and innovation development; investors; financial resources;
Abstract
The purpose of the article is to consider the issues and prospects for the development of public-private partnership in the context of the COVID-19 pandemic and limited investment resources. It is proved that a new and quite effective form of integration cooperation of public sector enterprises and private business is the mechanism of public-private partnership, which has not become widespread in Ukraine and in other countries due to the complex mechanism of its implementation. It is substantiated that the urgent task for the public and private sector is to develop an optimal mechanism of cooperation through the involvement of private investment funds in infrastructure projects, search for foreign investors and partners, development of public-private relations. It is established that the most popular areas for PPP projects are the social sphere (education, medicine), transport (road infrastructure, rail transport, sea and river ports, airports), energy (construction and reconstruction of power plants, management of energy facilities) and utilities. economy (water supply, sewerage systems). It is proved that the main reason for the popularity of PPP projects is the constant need for financial resources, which are always lacking in the public sector, minimizing risks for all stakeholders, which reduces the burden on the state budget of Ukraine. The most urgent problems that create obstacles for the development of PPP in Ukraine and the world are outlined. It is proposed to improve PPPs for synergetic interaction between the public and private sectors in the direction of creating a base and foundation to ensure the possibility of expanding financial resources to the budget sphere, through national and foreign investments, which will improve the quality of goods and services population.
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