Abstract

Currently, the Ukrainian economy is not experiencing its best times. This situation can be treated differently: either wait, suddenly everything stabilizes, or adapt to the new economic realities of today. However, in any case, there are socio-economic problems that need to be addressed, and which, as practice shows, the state can not cope on their own. Under such conditions, the business sector should become a full partner of the state in resolving priority issues and forming a further strategy for economic and social development of the country. Turning to foreign experience, it can be seen that most anti-crisis and post-crisis plans to rehabilitate the economy of foreign countries were based on a significant expansion of cooperation between business, the state in the face of its governing bodies and civil society. Such cooperation takes the form of public-private partnerships and solves many problematic issues, such as attracting business resources to solve acute social and complex economic problems, promoting economic growth, using managerial, organizational and production achievements of business for the overall recovery of the economy. Public-private partnership is a complex institution both from the organizational and from the financial and legal point of view. It provides for multilateral arrangements, risk sharing, analysis of commercial prospects and individual funding and legal implementation schemes. The public-private partnership mechanism will involve a private partner in the restoration, management, modernization of existing and creation of new infrastructure facilities, which is relevant for Ukraine during the war and will be relevant for a long time in the postwar period. The article considers public-private partnership as an effective mechanism of socio-economic development of the country, examines the reasons for the formation of PPP. The peculiarities of Ukrainian and European experience of public-private cooperation are described, as well as the advantages and disadvantages of this form of partnership are identified. The peculiarities of the PPP implementation mechanism and the principles of its implementation are highlighted. The optimal models of public-private interaction, regulatory framework and scope of PPP in Ukraine are considered.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call