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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

Author

Listed:
  • Sergey Mekhovich
  • Anastasiia Kolesnichenko

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.

Suggested Citation

  • Sergey Mekhovich & Anastasiia Kolesnichenko, 2014. "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," Theory Methodology Practice (TMP), Faculty of Economics, University of Miskolc, vol. 10(01), pages 63-69.
    • Handle: RePEc:mic:tmpjrn:v:10:y:2014:i:01:p:63-69
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    File URL: http://tmp.gtk.uni-miskolc.hu/volumes/2014/01/TMP_2014_01_07.pdf
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    More about this item

    Keywords

    public-private partnership; the partnership model; partnership schemes; market relations; public-private partnership; risks;
    All these keywords.

    JEL classification:

    • L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises

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