Abstract
This article highlights the issue of enhancing relations between the state and private business in the context of economic transformation. The author selected and analyzed the problems of the formation and development of public-private partnership, considered in the works of foreign and Russian scientists. The partnership between the state and business represents an institutional and organizational alliance between the state and private companies, banks, international financial organizations and other institutions in order to implement socially significant projects.The state is always responsible for the fulfillment of its socially responsible functions related to national interests, business always remains a source and accelerator of the process and an increase in social wealth. The institutional environment in which partnerships exist represents a relatively new stage in the development of partnerships that emerged during the period of liberalization and is designed to play an important role in improving market structures and the economy as a whole.
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