scholarly journals Public-private partnership as a new form of social responsibility and a mechanism of decentralization of public administration

2021 ◽  
Vol 10 (45) ◽  
pp. 52-62
Author(s):  
Kostyantyn B. Marysyuk ◽  
Serhii O. Komnatnyi ◽  
Viktoriya V. Grygor`yeva ◽  
Tatiana M. Prystai ◽  
Olena H. Mital
Keyword(s):  
Social Responsibility ◽  
Public Administration ◽  
Methodological Approach ◽  
Private Investment ◽  
Public Private Partnership ◽  
Key Factors ◽  
Public And Private ◽  
Private Partnership ◽  
The Public

The need to attract resources to socially significant infrastructure facilities, decentralize authority, market orientation of public services, efficiency and competition requires the search for a combination of opportunities for cooperation between the public and private sectors. A public-private partnership has become one of the modern approaches to the implementation of socially important projects. The study identified the degree of impact of the partnership between the state and business, as a mechanism of decentralization of public administration, on the factors of social responsibility. The methodological approach involved the analysis of the existing research on social responsibility of public-private partnership by identifying and comparing key factors of social responsibility; determination of variables that describe them, and conducting econometric analysis of established variables. It is proved that in addition to overcoming the budget deficit, contributing to economic performance, public-private partnership involves social responsibility. The activity of public-private partnerships (private investment in infrastructure projects) is found to have impact on innovation, the environment, health care, the rule of law, and unemployment rates. There is a need to conduct further research with an expanded number of countries and factors that describe social responsibility of public-private partnership.

How public-private partnership projects impact infrastructure industry for economic growth

2014 ◽  
Vol 41 (10) ◽  
pp. 994-1010 ◽  
Author(s):  
Abouzar Zangoueinezhad ◽  
Adel Azar
Keyword(s):  
Economic Growth ◽  
Private Sector ◽  
Public Private Partnership ◽  
Key Factors ◽  
Dynamic Interactions ◽  
Public And Private ◽  
Private Partnership ◽  
Content Type ◽  
The Public ◽  
The Relationship

Purpose – Public-private partnership (PPP) is mutually beneficial relationships that are formed between the public and private sectors. The private-sector partner typically makes a substantial equity investment, and in return the public sector gains access to new or improved services. When properly vetted and structured, PPP allocate risk to the party best suited to handle it. The purpose of this paper is to examine the relationship between the scale and nature of the PPP's contribution as a driver of the economic growth and gross domestic product (GDP). Design/methodology/approach – Using statistics causality modeling and relevant statistical techniques, the dynamic interactions and interdependencies over PPP and economic growth were addressed and quantified. Findings – Although PPP can free up government resources for other public priorities, three key factors enable PPP to stimulate a country's economic growth: the number of PPP projects under way, the value of PPP projects, and the ideal type of PPP contracts in use. Originality/value – The number, value, and type of PPP, combined with supportive policies, power economic growth. Governments with well-established and enforced policies against corruption, combined with low business transaction costs, a transparent legislative system, and exchange rate and monetary stability are far more attractive to the private sector.

scholarly journals Institutional Support of the Public-Private Partnership in the Republic of Poland

2019 ◽  
pp. 145-155
Author(s):  
Nykola Lakhyzha ◽  
Svitlana Yehorycheva
Keyword(s):  
Public Administration ◽  
Organizational Support ◽  
Institutional Support ◽  
Public Private Partnership ◽  
Law Firms ◽  
Public And Private ◽  
Private Partnership ◽  
The Public ◽  
The Republic ◽  
The Government

The experience of the institutional support of public-private partnership in the Republic of Poland has been analyzed. It is noted that Poland was one of the first among the post-communist countries to implement a mechanism of public-private partnership. The peculiarities of the practice of realization of public-private partnership in Poland during the 1990s and its legal support were determined. The possibility of its development on the basis of general norms of civil, economic, administrative and other branches of law is emphasized. The process of development and adoption of separate laws on public-private partnership and their specific features are described. The essence of discussions about the need for creation of a special authorized body for regulation of public-private partnership, which was caused by the problems that arose from public and private partners during the conclusion and implementation of the relevant agreements, was disclosed. The modern components of organizational support for supporting the development of public-private partnership in Poland, their role and their inherent functions are revealed: the Department for Public-Private Partnerships of the Ministry of Investment and Development, similar departments in public administration bodies of different levels, the Public-Private Partnership Platform, Polish Entrepreneurship Development Agency, Institute of Public Private Partnership, private law firms, scientific and educational institutions. The necessity to improve the institutional support of public-private partnership, which is realized by the government of Poland as well, is stated. The content and significance of the latest program documents in this area that are intended to improve the process of administration the development of public-private partnership — the concept «The vision of sustainable development for Polish business 2050» and «Government policy in the field of development of public-private partnership» are characterized. The importance of using the experience of the Republic of Poland in the practice of public administration of the Ukrainian system of public-private partnership is emphasized.

A Project-Based Approach to Ensuring the Competitiveness of a Region’s Tourism-Recreation Complex

2019 ◽  
Vol 9 (8) ◽  
pp. 1706
Author(s):  
Tatyana Pavlovna LEVCHENKO ◽  
Evgeniya Victorovna KORYAGINA ◽  
Tatiana Vasilyevna RASSOKHINA ◽  
Natalia Vladimirovna SHABALINA ◽  
Olga Yevgenievna LEBEDEVA
Keyword(s):  
Social Responsibility ◽  
Public Administration ◽  
Social Services ◽  
Tourism Destination ◽  
Public And Private ◽  
Private Partnership ◽  
The Public ◽  
Tourism Sector ◽  
Balance Of Interests

This paper is devoted to the development of a project-based approach to ensuring the competitiveness of a region’s tourism-recreation complex. The authors establish that a crucial factor is the efficiency of projects that have been implemented in regions already. It is proven that an indicator of the level of institutionalization of the public administration mechanism is the efficiency of mechanisms underlying the achievement of a balance of interests among all parties involved, which requires well-planned work on identifying the interests, coordinating those interests, and getting the partners involved in the process of implementation of the tourism project. The authors establish that currently work is being carried out in terms of putting in place mechanisms for public and private partnership, social services procurement, and social responsibility in the tourism sector. At the same time, institutionalizing the dialogue among entities associated with the mechanism for public administration of the development of a region’s tourism destination requires putting in place relevant infrastructure. The authors establish that developing a scientifically substantiated mechanism for public administration of the development of a region’s tourism destination requires analysis of the potential for developing regional destinations and factors for ensuring their competitiveness.

DEVELOPMENT OF PUBLIC-PRIVATE PARTNERSHIP IN UKRAINE AND THE WORLD

2017 ◽  
Author(s):  
Yaroslav Izmaylov ◽  
◽  
Iryna Yegorova ◽  
Keyword(s):  
Public Sector ◽  
Power Plants ◽  
Private Investment ◽  
Public Private Partnership ◽  
Financial Resources ◽  
State Budget ◽  
Public And Private ◽  
Private Partnership ◽  
The Public ◽  
The World

The purpose of the article is to consider the issues and prospects for the development of public-private partnership in the context of the COVID-19 pandemic and limited investment resources. It is proved that a new and quite effective form of integration cooperation of public sector enterprises and private business is the mechanism of public-private partnership, which has not become widespread in Ukraine and in other countries due to the complex mechanism of its implementation. It is substantiated that the urgent task for the public and private sector is to develop an optimal mechanism of cooperation through the involvement of private investment funds in infrastructure projects, search for foreign investors and partners, development of public-private relations. It is established that the most popular areas for PPP projects are the social sphere (education, medicine), transport (road infrastructure, rail transport, sea and river ports, airports), energy (construction and reconstruction of power plants, management of energy facilities) and utilities. economy (water supply, sewerage systems). It is proved that the main reason for the popularity of PPP projects is the constant need for financial resources, which are always lacking in the public sector, minimizing risks for all stakeholders, which reduces the burden on the state budget of Ukraine. The most urgent problems that create obstacles for the development of PPP in Ukraine and the world are outlined. It is proposed to improve PPPs for synergetic interaction between the public and private sectors in the direction of creating a base and foundation to ensure the possibility of expanding financial resources to the budget sphere, through national and foreign investments, which will improve the quality of goods and services population.

scholarly journals RESEARCH OF CONDITIONS FOR DEVELOPMENT OF PUBLIC-PRIVATE PARTNERSHIP CONCEPT

2019 ◽  
Vol 1 (18) ◽  
pp. 83 ◽  
Author(s):  
Goran Amović
Keyword(s):  
Cultural Context ◽  
Legal Framework ◽  
Public Private Partnership ◽  
Public Private Partnerships ◽  
Key Factors ◽  
Public And Private ◽  
Private Partnership ◽  
The Public ◽  
Contractual Relationship ◽  
National Governments

Public-Private Partnership (PPP) is a contractual relationship that integrates resources of the public and private sectors in the function of more efficient building public services. Over time, national governments have accepted, developed and organized Public-Private Partnerships in various ways, by respecting its historical and cultural context, the legal framework and the economic environment. The goal in this paper is to identify key factors that may have an impact on the development of public-private partnerships. In this paper, along with the presentation of previous research, we will demonstrate the development of the concept of Public-Private Partnership in countries with different political, social and economic regulations.

scholarly journals Public private partnership as a last resort for traditional public procurement

2006 ◽  
Vol 53 (3) ◽  
pp. 299-311 ◽  
Author(s):  
Viktorija Bojovic
Keyword(s):  
Public Sector ◽  
Public Services ◽  
Developing Economies ◽  
Public Procurement ◽  
Public Private Partnership ◽  
Public And Private ◽  
Private Partnership ◽  
The Public ◽  
Management Culture ◽  
Complex Projects

This paper discusses recent changes in the way public services are delivered A marked increase in the cooperation between the public and private sector in the realization of complex projects, mostly concerning development of infrastructure, is the main characteristic of present-day developing economies. The creation of new, innovative agreements is driven by the limitation of public funds and an ever-growing demand for an increase in the quality of public services. Looking upon the western economies experience alternatives to the traditional public sector procurement are identified in the public/private partnership. The public/private partnership can be seen as one component in the rearrangement of the public sector with a management culture that focuses on the citizen or customer. Also included in this are accountability for results, investigation of a wide variety of alternative service delivery mechanisms, and competition between public and private bodies for contracts to deliver services consistent with cost recovery and the achievement of value for money. The partnership can be realized through an array of models and in this paper priority is given to the DBFO (design-build-finance-operate) model, due to its importance in implementation. The DBFO model is considered to be a synonym for the public/private partnership, as it is the most suitable for complex projects and gains the most benefits.

scholarly journals The attractiveness of public-private partnership for road projects in India

2022 ◽  
Vol 7 (2) ◽  
pp. 111-120 ◽  
Author(s):  
Mohammed Shakil Malek ◽  
Laxmansinh Zala
Keyword(s):  
Development Stage ◽  
Public Private Partnership ◽  
Public And Private ◽  
Private Partnership ◽  
Factors Affecting ◽  
The Public ◽  
The Road ◽  
Road Projects ◽  
Net Benefits ◽  
Descriptive Statistical Analysis

The objective of this paper was to have a study on the perceptions of stakeholders of Public-Private Partnership (PPP) projects for factors affecting the attractiveness of road projects in India. A questionnaire survey was conducted among major PPP project participants of Indian PPP road projects. Fifteen attractive factors were shortlisted through a literature survey for designing the questionnaire. Collected data was analyzed with factor analysis and descriptive statistical analysis. The findings resulted in three components: effectiveness of the private sector, effective time and cost management, and the public sector’s economic benefit. Eight factors were identified as highly affecting the attractiveness of PPP in Indian road projects. PPP provides ample diversity of net benefits to both the public and private sectors. During the project development stage, both sectors have to formulate decisions based on appropriate assessment criteria. Therefore, the reflection of attractive factors will assist the public-sector to select PPP in the road sector. It also helps to establish the strategy for road projects using PPP.

scholarly journals VALUE FOR MONEY IN PUBLIC-PRIVATE PARTNERSHIP PROJECTS IN THE FIELD OF STREET LIGHTING IN THE REPUBLIC OF SERBIA

2020 ◽  
Vol 20 (2) ◽  
Author(s):  
Dejan Milenković ◽  
Vladimir Đurić
Keyword(s):  
Public Sector ◽  
Public Administration ◽  
New Public Management ◽  
Public Private Partnership ◽  
Value For Money ◽  
Street Lighting ◽  
Private Partnership ◽  
The Public ◽  
Public Administration Reform ◽  
The Republic

Public administration reform, better known as the New Public Management - NPM, which began in the mid-1970s, had a key impact on the development of modern public administration. The NPM emphasizes the economic values of public administration, to the detriment of its other values. Public Private Partnership- PPP is one of the basic elements of NPM doctrine. PPP is a partnership between the public and private sector that aims to provide a service traditionally provided by the public sector. An integral part of every PPP is the Value for Money methodology. The “Value for money”- VfM method emerged in this process of public administration reform, first in the UK. The document of the British Government Private Finance Initiative (PFI) from the year 1992, presented the basis for the creation of a new so-called “Venture”, which at that time was called a joint venture, and which is today known as PPP. PPP is a relatively new institute that has existed in the Republic of Serbia since 2011. In this paper, we will deal with the application of the VfM methodology in PPP projects related to street lighting in the Republic of Serbia, and try to give answer about social and economic justification of PPP and potential economic savings that can be achieved in the public sector through the implementation of PPP. At the present time, when there is more and more talk about the need for environmental protection, sustainable development and energy efficiency, PPP projects can have an increasing importance in this area. For this reason, we have limited the application of VfM methods in PPP projects in the Republic of Serbia only to street lighting projects which provide the mentioned goals.

The Influence of Critical Success Factors on Value for Money Viability Analysis in Public–Private Partnership Projects

2017 ◽  
Vol 48 (4) ◽  
pp. 93-106 ◽  
Author(s):  
Khalid Almarri ◽  
Halim Boussabaine
Keyword(s):  
Critical Success Factors ◽  
Success Factors ◽  
Public Private Partnership ◽  
Value For Money ◽  
Public And Private ◽  
Private Partnership ◽  
The Public ◽  
Public Projects ◽  
Viability Analysis ◽  
Critical Success

Governments are increasingly entering partnerships with the private sector through the public–private partnership (PPP) model for the development of public projects. Value for money analysis is used to assess the viability of these ventures. This research aims to investigate the contribution of the PPP critical success factors to value for money viability analysis. Relevant data were collected through a questionnaire to establish the PPP critical success factors and value for money success criteria. Data were collected from 92 participants. The data obtained were analyzed using mean score, t-test, and regression analysis. The research found that government guarantees, macroeconomic conditions, shared authority between the public and private sectors, social support, and transparent procurement process contributed positively to value for money viability analysis. The results imply that practitioners should consider these key indicators for improving the value for money viability of PPP projects.

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