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№ 2/2023

№ 2/2023

Fìnansi Ukr. 2023 (2): 114–128
https://doi.org/10.33763/finukr2023.02.114

FINANCIAL AND ECONOMIC REGULATION

PAVLIUK Klavdiia 1, OLIEVSKA Myroslava 2, KAMINSKA Olena 3

1SESE “The Academy of Financial Management”
OrcID ID : https://orcid.org/0000-0002-9495-6630
2SESE “The Academy of Financial Management”
OrcID ID : https://orcid.org/0000-0001-8818-0509
3SESE “The Academy of Financial Management”
OrcID ID : https://orcid.org/0000-0001-5859-5623


Financial and organizational problems of public-private partnership development


Introduction. The nature and methods of state participation in economic processes are constantly changing. One of the new forms and tools of influence, alternative to direct regulation of the economy, is a system of partnership relations between the state and the private sector - public-private partnership (PPP).
Problem Statement. An important direction of the post-war recovery of Ukraine's economy is the intensification of the development of interaction between the public and private sectors. Due to the need for additional financing, it is necessary to improve the mechanism of attracting private investments and using PPPs to accelerate the restoration of destroyed objects and the construction of new ones. For this, it is necessary to study the experience of foreign countries, both positive and negative, in the implementation of PPP, taking into account various approaches to assessing its features and essence in general.
Purpose. To generalize the foreign experience of interaction between the state and the private sector in the context of analyzing a wide range of its characteristics and providing suggestions on ways to develop PPPs in Ukraine.
Methods. General scientific methods are applied: induction, deduction, comparative analysis, generalization.
Results. The interpretation of the PPP by well-known foreign and domestic scientists, as well as international financial organizations, is considered. The role of PPP in socio-economic development and its main principles are analyzed. The negative trends of the interaction between the state and the private sector are highlighted, which, in particular, is evidenced by the experience of Germany. In particular, such important principles of PPP as transparency and control, full disclosure of information contained in documents on the preparation, course of implementation and implementation of PPP results are not fully ensured.
Conclusions. It is necessary to rethink the role, place, interaction of the state and the private sector of the PPP in the socio-economic development of society, both in foreign countries and in Ukraine. In the conditions of martial law and post-war reconstruction, the following issues need to be resolved: the use of PPPs for the development of communal infrastructure, improving the quality of services for the population and increasing the efficiency of the use of communal assets; overcoming the budget funding deficit and legislative restrictions on attracting municipal loans at the expense of private capital through the PPP mechanism; expansion of the independence of territorial communities from subsidies and subventions from the state budget in the post-war period with the help of PPPs.

Keywords:public-private partnership (PPP), role of the state in the economy, financial and organizational problems of PPP, post-war recovery of Ukraine

JEL: L32


PAVLIUK K. . Financial and organizational problems of public-private partnership development / K. . PAVLIUK, M. Olievska, O. Kaminska // Фінанси України. - 2023. - № 2. - C. 114-128.

Article original in Ukrainian (pp. 114 - 128) DownloadDownloads :103
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