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The Choice of the Public-Private Partnership Model to Address Social and Economic Development of the State in the Context of a Competitive Environment with Uncertainty and Risks

Sergey Mekhovich (energotex_2004@mail.ru) and Anastasiia Kolesnichenko (anasko86@inbox.ru)

Theory Methodology Practice (TMP), 2014, vol. 10, issue 01, 63-69

Abstract: This article discusses the growing importance of public-private partnership due to modern economic conditions and extensive privatization activity. The institute of public-private partnership provides mechanisms for redistribution of risk among the subjects of new market relations. This cooperation appeared as a result of the complex development process during the last two decades. Today it plays a significant role in problem solving concerning public infrastructure development.

Keywords: public-private partnership; the partnership model; partnership schemes; market relations; public-private partnership; risks (search for similar items in EconPapers)
JEL-codes: L32 (search for similar items in EconPapers)
Date: 2014
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