Interests and Advantages of the Private Sector in the State-Private Partnership

Brailovskiy Ilya A. ()
Additional contact information
Brailovskiy Ilya A.: Scientific Union of Donbass

Business Inform, 2013, issue 8, 232_236

Abstract: The article is devoted to analysis of interests that stimulate a private partner to joint activity with the state and advantages they obtain from realisation of projects of the state-private partnership (SPP). It marks out main features and fields of application of the state-private partnership. It underlines that an important prerequisite for motivation of the private sector to enter into partnership relations with the state is observance of clear law competent formal rules in the institutional system. The article identifies potential and basic advantages of the use of the form of the state-private partnership when realising large-scale projects of the national significance. It shows, in particular, that the main advantage of SPP compared to other types of legal relations between the authorities and private sector is the optimal distributions of powers with respect to control over the joint activity on provision of services to the population, in the result of which a desired result will be achieved by both parties. The author believes that the main advantage of SPP for private business is a possibility to expand investments into those branches of the socio-economic life of the country, which earlier was the realm of the state investments.

Keywords: state-private partnership (SPP); private partner; state; interests; advantages (search for similar items in EconPapers)
Date: 2013
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.business-inform.net/pdf/2013/8_0/232_236.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:idp:bizinf:y:2013:i:8:p:232_236

Access Statistics for this article

Business Inform is currently edited by Ponomarenko Vladimir S.

More articles in Business Inform from RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics
Bibliographic data for series maintained by Khaustova Viktoriia ().