THE RELATION BETWEEN ECONOMIC GROWTH AND PUBLIC-PRIVATE PARTNERSHIP MARKET DEVELOPMENT IN THE COUNTRIES OF THE EUROPEAN UNION

2013 ◽  
Vol 18 (2) ◽  
Author(s):  
Linas Jasiukevičius ◽  
Asta Vasiliauskaitė
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Public Private Partnership ◽  
Market Development ◽  
The European Union ◽  
Private Partnership

THE МEANING OF PUBLIC-PRIVATE PARTNERSHIP FOR DEVELOPMENT OF LOCAL SELF-GOVERNMENT

2018 ◽  
Vol 28 (1) ◽  
pp. 351-356
Author(s):  
Sandra Risteska
Keyword(s):  
European Union ◽  
Economic Development ◽  
Rapid Development ◽  
Public Private Partnership ◽  
Public Private Partnerships ◽  
Successful Implementation ◽  
Economic Policies ◽  
The European Union ◽  
Private Partnership ◽  
Public And Private Sector

Each country strives for growing economic development, but no country is able to implement it. Various experiences and projects from the countries of the European Union and other neighboring countries are taken and considered. Towards the end of the 20th century and at the beginning of the 21st century, economic movements are increasingly relying on public-private partnerships, which can lead to a rapid development process through the financing of infrastructure projects. Economic globalization, as well as the emergence of new opportunities for economic activity in the world, are aimed at cooperation of the authorities and businesses in the realization of the socio-economic policies. The implementation and realization of development projects through public-private partnerships is impossible without participation by the relevant institutions of the public and private sector. Above all, direct participation implies expertise, experience and education. Every project that will be realized through various forms of public-private partnership must fulfill certain conditions. Among the conditions for proper implementation of the project are: dialogue, transparency and monitoring. The main feature of PPP is the transfer of the risk to the financing, efficiency and quality of public services, which are usually the burden of the private partner. This paper analyzes and explores the essence of public-private partnership. The conceptual framework for public-private partnership, as well as its strengths and weaknesses, is set. With the application of PPP, the economic development of the infrastructure as a whole, and in particular the development of local infrastructure, is analyzed. The origin of PPPs, its characteristics, as well as the need and importance for their continuous implementation are explained. The application of PPP is considered through the experiences in certain countries of the European Union and the Republic of Macedonia. Then, the responses to previously hypothesized hypotheses are collected: what is the successful implementation of PPP, what is needed for PPPs and why. In the end, the data from the conducted research are collected, analyzed and determined the profile of certain activities, as well as the possible decisions for further strategies for the implementation of the PPPs.

The European Union Space Policy

2017 ◽  
Author(s):  
Emmanuel Sigalas
Keyword(s):  
European Union ◽  
European Integration ◽  
Outer Space ◽  
Public Private Partnership ◽  
Space Policy ◽  
The European Union ◽  
Private Partnership ◽  
The Public ◽  
Space Programs ◽  
The Eu

The European Union Space Policy (EUSP) is one of the lesser known and, consequently, little understood policies of the European Union (EU). Although the EU added outer space as one of its competences in 2009 with the ratification of the Lisbon Treaty, the EUSP roots go back decades earlier.Officially at least, there is no EUSP as such, but rather a European Space Policy (ESP). The ESP combines in principle space programs and competences that cut across three levels of governance: the supranational (EU), the international (intergovernmental), and the national. However, since the EU acquired treaty competences on outer space, it is clear that a nascent EUSP has emerged, even if no one yet dares calling it by its name.Currently, three EU space programs stand out: Galileo, Copernicus, and EGNOS. Galileo is probably the better known and more controversial of the three. Meant to secure European independence from the U.S. global positioning system by putting in orbit a constellation of European satellites, Galileo has been plagued by several problems. One of them was the collapse of the public–private partnership funding scheme in 2006, which nearly killed it. However, instead of marking the end of EUSP, the termination of the public–private partnership served as a catalyst in its favor. Furthermore, research findings indicate that the European Parliament envisioned an EUSP long before the European Commission published its first communication in this regard. This is a surprising yet highly interesting finding because it highlights the fact that in addition to the Commission or the European Court of Justice, the European Parliament is a thus far neglected policy entrepreneur. Overall, the development of the EUSP is an almost ideal case study of European integration by stealth, largely in line with the main principles of two related European integration theories: neofunctionalism and historical institutionalism.Since EUSP is a relatively new policy, the existing academic literature on this policy is also limited. This has also to do with the degree of public interest in outer space in general. Outer space’s popularity reached its heyday during the Cold War era. Today space, in Europe and in other continents, has to compete harder than ever for public attention and investment. Still, research on European space cooperation is growing, and there are reasons to be optimistic about its future.

Future War and the Defence of Europe

2021 ◽  
Author(s):  
John R. Allen ◽  
Frederick Ben Hodges ◽  
Julian Lindley-French
Keyword(s):  
European Union ◽  
Public Private Partnership ◽  
The European Union ◽  
Private Partnership ◽  
Nation States ◽  
Transatlantic Relationship ◽  
Future War ◽  
Hybrid War ◽  
Cyber War

Set against the backdrop of the COVID-19 crisis, Future War and the Defence of Europe considers in the round how peace can be maintained on a continent that has suffered two cataclysmic conflicts since 1914. COVID-19 and the trend-accelerating impact of such pandemics is first considered. The book then weaves history, strategy, policy, and technology into a compelling analytical narrative that sets the scale of the challenge Europeans and their allies will face if Europe’s peace is to be upheld in a transformative century. The book challenges foundational assumptions about how Europe’s defence is organized, the role of a fast-changing transatlantic relationship, NATO, the European Union, and their constituent nation-states. At the heart of the book is a radical vision of a technology-enabling future European defence built around a new kind of Atlantic alliance, an innovative strategic public–private partnership, and the future hyper-electronic European force it must spawn. Europeans should be under no illusion: unless they do far more for their own defence, and very differently, all that Europeans now take for granted could be lost in the maze of hybrid war, cyber war, and hyperwar they must face.

The perspectives of public-private partnership implementation as the instrument of infrastructure development in Ukraine

2019 ◽  
pp. 9-13
Author(s):  
Halyna Kravets
Keyword(s):  
Economic Growth ◽  
Development Strategy ◽  
Global Economy ◽  
Wide Spectrum ◽  
Private Investment ◽  
Emerging Economy ◽  
Public Private Partnership ◽  
Infrastructure Development ◽  
The European Union ◽  
Private Partnership

Infrastructure development stands out among the prime goals of an economy’s social and economic trajectory. Being a major driving force of wellbeing, economic growth strongly depends on infrastructure. An increase in capital investments in infrastructure has a comprehensive positive effect on an economy. Public-private partnership (PPP) is of particular importance for an efficient economic development strategy, especially for that of an emerging economy. Providing for sustainable economic growth is a struggle for emerging economies due to a wide spectrum of negative features they possess such as poor governance, corruption and widespread poverty. Involvement of private investment in terms of PPP leads to a decrease in government expenditures. Creating a favorable environment for PPP precedes a rapid increase in the number of private companies willing to compete for those contracts. Hectic competition expedites the establishment of the market economy, which is a reasonable conclusion to an emerging economy. Competing for a tender coerces private parties to generate as innovative approaches as possible in order to win. Maintaining a constantly increasing share of innovative activity in constructing and operating infrastructure is a viable opportunity to make a highly urbanized area gain a momentum towards more sustainable environment. Being a means of promoting green and smart technologies, PPP enables expediting integration into the global economy. Encouraging PPP facilitates globalization. Widespread utilization of PPP contracts in governmental procurement transfers risks related to construction and maintenance of infrastructure to private parties. Sustaining a creditworthy institutional and regulatory environment mitigates high sensitivity of PPP to crisis and derivative events. Ukraine is highly likely to significantly benefit from PPP. Considering Ukraine’s strong intention to integrate into the European Union, PPP may help to boost infrastructure development. It is recommended for Ukraine to follow the principle of reciprocate motivation in order to succeed in establishing an efficient mechanism of PPP development.

scholarly journals ESSENTIAL CHARACTERISTICS OF PUBLIC-PRIVATE PARTNERSHIP MODELS

2021 ◽  
Vol 2021 (1) ◽  
Author(s):  
V. Maslov
Keyword(s):  
European Union ◽  
Private Sector ◽  
Public Private Partnership ◽  
The State ◽  
The European Union ◽  
Private Partnership ◽  
Construction Design ◽  
Theoretical Generalization ◽  
Partnership Models ◽  
Design Construction

In recent years, cooperation between the state and private business is one of the prerequisites for implementing the strategy of economic development of Ukraine's economy. The separation of forms and models of public-private partnership depending on the industry, type of partnership and form of socio-economic significance of projects will ensure the creation of a platform for the formation of national competitiveness. The purpose of the article is to identify and analyze domestic and foreign models of public-private partnership, the formation of prospects, priority areas for their implementation and realization. To achieve this goal, a set of general scientific methods is used: theoretical generalization - to determine the nature and content of public-private partnership models, the method of scientific abstraction - to identify areas of application of models of cooperation between government and business, comparison - to identify models -logical - for theoretical generalization and formulation of conclusions. The analysis and generalization of public-private partnership models revealed the content of their classification proposed by the World Bank and taking into account the basic principles of risk sharing between the state and the private sector: "Management and lease contracts", "Concessions", "Projects from scratch" "And" Transfer of assets ". It is noted that the main PPP models used in the implementation of infrastructure projects in the European Union differ slightly from the above classification, mostly in the degree of involvement and transfer of project risks from the state to the private sector. The main models of public-private partnership in the European Union are analyzed, which according to the study include: service contract; management and operation contract; lease agreement; turnkey construction; design, construction, financing and operation. It is studied that in the United States three models of PPP are most often used: design and construction; design, construction and operation / maintenance; construction, operation and transmission. It is proved that for the full effect for the national economy it is necessary to implement the characteristic features of several of the analyzed models of public-private partnership. A promising area of ​​research is the need to improve approaches to implementing the principles of public-private partnership, given the study of structural classification of forms and models, the etymology of the concept of partnership in dynamic economic conditions, and the uncertain realities of today.

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