CHARACTERISTICS OF FACTORS INDICATING THE ORGANIZATION OF PUBLIC-PRIVATE PARTNERSHIP

Abstract

The article substantiates the need for the spread of public-private partnership, which is due to the significant benefits that society receives, as important socio-economic problems are solved, the competitiveness of the national economy increases, and the participants of the partnership itself. For the state, such achievements are the focus on the growth of the national economy, the distribution of risk and responsibility, the implementation and effective use of modern methods of state property management, the reduction of state investments, the acquisition of modern infrastructure facilities, the creation of new jobs, etc. Accordingly, the private sector receives a vector of long-term and sustainable business development; the possibility of realizing the existing innovative potential and using modern technologies; access to public resources and assets; guaranteed cash flows in the long term.

It was determined that the active attention of scientists to PPP led to the existence of various approaches to its understanding, among which organizational, economic, institutional, financial, target, and political approaches are distinguished. The main features of DPP include: the ability to manage the main attributes of property rights; creation of a favorable investment and innovation environment; pooling of financial, organizational, human and other resources that are in private and state ownership for the purpose of performing socially necessary activities; institutional allocation and regulation of interests as a result of the spread of PPP.

It has been studied that the organization of PPP is determined by certain factors that determine both the features of joint projects and the possibilities of achieving the set goal and main tasks. Among such factors, we identified institutional, legislative, economic, internal and external, direct and indirect. In particular, the institutional factor determines the nature of institutional policy; legislative factors of influence provide for legal regulation regarding the creation and further activities of associations; economic factors are represented by elements of credit, tax, investment and depreciation policies.