scholarly journals Management of based on public private partnership auto-recycling projects

2021 ◽  
Vol 14 (2) ◽  
pp. 203-213
Author(s):  
D. Yu. Savon ◽  
K. P. Kolotyrin ◽  
E. S. Sakhno
Keyword(s):  
Economic Efficiency ◽  
Environmental Security ◽  
Environmental Risks ◽  
Public Private Partnership ◽  
Security Requirements ◽  
Financial Flows ◽  
Private Partnership ◽  
Automotive Components ◽  
Government Functions ◽  
Market Approach

The article is devoted to the acute problem connected with managing autorecycling projects in accordance with the environmental security requirements and economic effectiveness. Lately, the problem of environmentally-friendly recycling of used automotive components has become very urgent in Russia due to the increasing number of cars in the country. The existing car recycling programs do not solve this problem as they deal with cars and do not recycle separate car components. Environmental fee (or eco fee) existing in our country does not cover all range of used automotive components as well, and the existing organizational and economic autorecycling mechanism makes it impossible to solve environmental problems according to the market approach in full. Therefore, it is essential to develop a mechanism for managing autorecycling projects which would involve both effective market approaches and the state ones. To this end, the authors suggest exploiting public-private partnership (PPP) to increase environmental and economic efficiency in implementing autorecycling projects. The focus is made on such forms of public-private partnership as delegation of control and concession. It is suggested to make concession of infrastructure facilities and areas for stocking used automotive components which are not recyclable. Some government functions in managing automotive components’ sorting can be delegated as well as management of finance. As a result, exploiting PPP tools in managing autorecycling projects will provide the opportunity for maintaining “transparency” of financial flows in handling used automotive components, recyclers will be encouraged to introduce safe and modern recycling technologies and the level of environmental risks in managing autorecycling projects will be reduced.

scholarly journals FINANCIAL METHODS IN THE STRUCTURE OF FINANCIAL MECHANISM OF STATE-PRIVATE PARTNERSHIP: SCIENTIFIC ASPECTS OF RESEARCH

2019 ◽  
pp. 37-48
Author(s):  
Bohdana SHULIUK
Keyword(s):  
Financial Regulation ◽  
Public Private Partnership ◽  
The State ◽  
Financial Resources ◽  
Economic Activities ◽  
Important Place ◽  
Financial Flows ◽  
Private Partnership ◽  
Essential Condition ◽  
Financial Mechanism

Introduction. An essential condition for the functioning of the financial mechanism of public-private partnership is the formation of effective financial methods. At the same time there is no single approach in the economic literature to finding out the essence of financial methods and their types, that needs activation of scientific efforts, noted questions directed on research. Methods. We use methods of dialectical analysis and synthesis, as well as methods of logical generalization, comparison and formalization. Results. The article outlines the essence of financial methods as a manifestation of the financial mechanism of public-private partnership. Under them it is necessary to understand the totality of financial procedures used in the joint activity of the state and economic entities for the performance of their functions. It was singled out their types, in particular: financial planning, financial support, financial regulation, financial accounting, analysis, evaluation of the effectiveness and efficiency of the mechanism, financial control. The objective necessity of effective development and effective use of financial methods is exposed for the sphere of realization of partner relations between the state and business is revealed. After all, with the help of them, strategic and tactical vectors of activity are created, the mobilization of the necessary financial resources and rational distribution of them are carried out, the tasks of the partners of the partnership are fulfilled. It is noted that the relevance of these issues caused considerable interest and attention of scientists to the study of financial methods. It noted the versatility of the coverage of this concept in the scientific literature, and as a consequence, the lack of a terminological basis of his knowledge in the field of selected research. Conclusions. Financial methods occupy an important place in the structure of the financial mechanism of public-private partnership. After all, they allow to rationally plan the sources of formation and directions of the use of financial resources of public-private partnership, to effectively monitor the flow of financial flows, to monitor the status of payments and settlements with suppliers and customers, to evaluate the results of financial and economic activities of the partners. Consequently, the effectiveness, efficiency and effectiveness of the mechanism are ensured.

scholarly journals PUBLIC-PRIVATE PARTNERSHIP AS A FORM OF CONSTRUCTIVE INTERACTION BETWEEN THE STATE AND BUSINESS IN THE FIELD OF ACHIEVING SUSTAINABLE DEVELOPMENT

2019 ◽  
pp. 27-31
Author(s):  
Alla Omelchenko ◽  
Petro Poidin
Keyword(s):  
Environmental Changes ◽  
Environmental Safety ◽  
Legal Framework ◽  
Environmental Security ◽  
Public Private Partnership ◽  
The State ◽  
Green Technologies ◽  
Public And Private ◽  
Private Partnership ◽  
Security Indicators

This article is devoted to the study of public-private partnership in the field of green development. It addresses the issue of public-private partnership as a constructive form of interaction between the state and business with the participation of intermediaries represented by public organizations, foundations, agencies, etc., and aimed to establish relations between the public and private sectors in accordance with the rules of environmental legislation. There is analyzed The Law of Ukraine "On Public-Private Partnership", which gives legal grounds for the emergence of such relations in Ukraine. It is shown there are no environmental safety in the area where public-private partnership mechanism is used, but there are areas directly affecting the environmental security of the territory. In this direction, the cooperation of the state and the private owner are aimed at the implementation of projects on the introduction of "green" technologies, mitigation of environmental changes, development of the recreational sphere. Connecting the best capabilities of partners in the management of security projects increases the resilience of critical infrastructures, enhances the degree of mutual trust of public and private actors, and improves security indicators in the state. There has been formed an algorithm based on the current legal framework for the implementation of public-private partnership projects in the field of environmental security, as well as there have been analyzed the forms of implementation of such projects . There is highlighted a number of conditions that impede the introduction of a public-private partnership mechanism in the field of environmental security in Ukraine.

scholarly journals Methods and approaches for evaluation of economic efficiency of public-private partnership in the investment-innovation activity development

2019 ◽  
pp. 30-35
Author(s):  
Oleh KUZMIN ◽  
Hanna KOMARNYTSKA
Keyword(s):  
Cost Effectiveness ◽  
Economic Efficiency ◽  
Balanced Scorecard ◽  
Public Private Partnership ◽  
Public Private Partnerships ◽  
Innovation Activity ◽  
Private Partnership ◽  
The Public ◽  
Innovation Activities ◽  
The Cost

The article defines the preconditions for the efficient assessing the economic effectiveness of public-private partnerships in terms of investment and innovation activities (the need to identify the existing limitations of such assessment, which can help in achieving social, economic, informational, legal and other types of effects; the need to identify the genuine value added of a public-private partnership entity creation/improvement (it is about the utility for public and private partners and other stakeholders); the need to implement in the public-private partnership projects those options that will maximize the expected effects, taking into account regulatory constraints and the minimum cost of resources involved; the need to compare the expected and actual effects of the public-private partnership project). The risks of public-private partnership projects are identified and characterized, including those identified by the current regulatory framework (level of product demand, investment costs, operating expenses, operating income, financing conditions and discount rates, taxes and contributions, as well as currency courses and price dynamics). Methodological provisions on quantification of public-private partnership risks are presented. The main methods and approaches to assessing the cost-effectiveness of public-private partnership in terms of investment and innovation activities were displayed (classical financial methods, qualitative analysis tools, probabilistic methods, portfolio analysis, project approach, budgetary approach, qualitative, financial or combined models). Traditional financial techniques in the field of such economic efficiency estimation are considered (profitability index, payback period, internal and average rate of return, level of investments profitability, etc.). Listed are the so-called new practical guidelines aimed at assessing the cost-effectiveness of public-private partnerships in terms of investment and innovation activity, in particular: Total Cost of Ownership (TCO), C/SCSC (Cost/Schedule Control Systems Criteria – cost-time diagnosis), IT Scorecard (Modified Balanced Scorecard Application (taking into account known public-private partnerships projections of a balanced scorecard), Activity Based Costing (ABС - applying functional and value analysis), Applied Information Economics (AIE), Total Economic Impact (TEI), Total Value of Opportunities (TVO), Rapid Economic Justification (REJ). It is summarized that theory and practice have formed many methods and approaches to evaluate the economic efficiency of public-private partnership in the conditions of investment and innovation activity development. Each of them has its advantages and disadvantages, as well as clearly defined conditions of practical application. Two or more of these approaches should be used to make more substantive conclusions on the cost-effectiveness assessment.

scholarly journals DEFINITION AND ESSENCE ANALYSIS OF PUBLIC-PRIVATE PARTNERSHIP (PPP) MODEL

2020 ◽  
Vol 7 (9) ◽  
pp. 43-47
Keyword(s):  
Social Capital ◽  
Financial Burden ◽  
Public Private Partnership ◽  
Risk Allocation ◽  
Private Partnership ◽  
New Normal ◽  
Government Functions ◽  
Important Means ◽  
The Government ◽  
Definition Of

PPP model has become an important means to reduce the financial burden in the new normal, and PPP model in China has a certain difference with the PPP model overseas. Based on the analysis of the characteristics of PPP model, the definition of PPP model according with realistic of China is proposed; the advantages of PPP model are analyzed from helping the transformation of government functions, promoting investment diversification, and reasonable risk allocation etc.; through analysis of partnership concept, the essence of PPP model is put forward, which is the complementary advantages of the government and social capital.

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