THE ROLE OF PPP IN ENSURING A SUSTAINABLE DEVELOPMENT OF TERRITORIAL SOCIO-ECONOMIC SYSTEMS

N. Smentyna and N. Klevtsevich
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N. Smentyna: Doctor of Sciences (Economics), Associate Professor
N. Klevtsevich: PhD in Economics Odessa National Economic University

Вестник Киевского национального университета имени Тараса Шевченко. Экономика., 2017, vol. 5(194), issue 194, 39-45

Abstract: The role of state partnership with a private sector in ensuring s development of territorial socio-economic systems was grounded. The process of interaction between local authorities and private operators was considered in the context of three stages: justification of the partnership necessity, conclusion a partnership agreement and monitoring the commitments implementation. The situation regarding distribution of PPP projects on the scope of partnership was described that allow to consider the instrument as a basis for joint responsibility for the development of priority sectors of the regional economy. The major issues of interaction between public and private operators that require legislative regulation were identified. The main components of evaluating the effectiveness of PPP projects from a government position and their logical sequence were suggested.

Keywords: Sustainable Development; Public Private Partnerships; Territorial Socio-Economic Systems; Effectiveness Evaluation (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:scn:pnoeeq:194a6

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