Abstract
The article explores the role of public-private partnerships (PPP) in the formation and development of sectoral markets, specifically within the context of Ukraine. It begins with a theoretical examination of PPP, including its main types, as well as its advantages and drawbacks in comparison with other models of collaboration between the public and private sectors. This study further assesses the international experience of PPP implementation across various sectors such as infrastructure, energy, and transportation, drawing particular examples from the EU and the United States. Special attention is devoted to analyzing the regulatory framework and specific challenges of PPP implementation in Ukraine. The legal environment is discussed in depth, addressing the limitations and obstacles that may arise from bureaucracy, corruption, and economic instability. The article emphasizes the importance of a comprehensive and structured approach to PPP as a key strategy for stimulating sectoral market growth. It also highlights the potential of PPP to attract private investments and advance technological innovation within underdeveloped industries. Additionally, the financial aspects of PPP projects are examined, including the significance of government subsidies and incentives for the private sector's participation in high-risk ventures. Based on a comparative analysis with international practices, specific recommendations are proposed to optimize the PPP regulatory framework in Ukraine. These proposals include developing transparent regulations, establishing reliable mechanisms for dispute resolution, and fostering a favorable investment climate. The study's findings provide valuable insights for government institutions and private businesses aiming to design and implement effective strategies for sectoral market growth through PPPs. The suggested approaches underscore the potential for Ukraine to benefit from successful global practices, thereby advancing its own economy through sustainable public-private collaboration. These results can serve as a guideline for policymakers and business stakeholders in optimizing PPP-driven projects to enhance economic resilience and achieve long-term development goals across various sectors.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.