PUBLIC-PRIVATE PARTNERSHIP IN THE ECONOMY

Abstract

The article considers the approaches of foreign and Ukrainian scholars to defining the content of public-private partnership. The main directions of influence of public-private partnership on the development of the national economy are highlighted. The role of the State in ensuring reliable functioning of infrastructure facilities is substantiated. The directions of using the forms of public-private partnership in foreign countries are revealed. It is substantiated that in the face of significant restrictions, the state has a leading role in the restoration of the national economy. It is established that public-private partnership is one of the main forms of socio-economic cooperation in the format of interaction between the state and private capital, which brings Ukraine closer to international standards, promotes the formation of social orientation of the economy and responsible governance in the context of ensuring sustainable development of the country. The foreign experience of implementing public-private partnership projects is systematized. Based on the study of foreign experience, the untapped potential of public-private partnership in Ukraine is identified. The main potential reasons for the unsuccessful implementation of projects based on the principles of public-private partnership are identified. The manifestations of problematic aspects of interaction between the state and private capital are outlined It is established that when considering projects, governmental institutions should analyze potential measures designed to contribute to the most effective achievement of the defined goals in the process of implementing public-private partnerships. It is found that the implementation of many programs can be carried out only if the efforts of public institutions are combined with the potential and capabilities of private capital entities. The author proposes directions for intensifying the development of public-private partnership.