Concession as the form of implementation of public-private partnership projects: the general description of accounting object
Journal Title: Вісник Житомирського державного технологічного університету. Серія: економіка, управління та адміністрування - Year 2019, Vol 87, Issue 1
Abstract
The article explores the reasons for the emergence of the need for public-private partnership. The study found out that the most important reason was the existence of a gap between the public tasks that were set and the resources available in the state, as well as the limited availability of certain objects to the private sector. The research of scientific works on the approaches to the definition of the term «public-private partnership» is conducted, which allows to highlight the peculiarities of public-private partnership. The forms of realization of public-private partnership projects are considered, and special attention is paid to such a form as a concession. The foreign experience of using concession agreements is investigated. The study of the essence of the concept of «concession», showed that in modern literature there is no single approach to the definition of "concession", in scientific literature, this concept is interpreted ambiguously. The article explores the main advantages for the state and private partners in concluding a concession contract, which may include: attracting additional investments and resources to the public sector, shifting the main risks to the private sector, while retaining state-owned objects that are transferred to the concession.
Authors and Affiliations
V. V. Kovalchuk
Keywords
Related Articles
- EP ID EP550899
- DOI -
- Views 126
- Downloads 0
Documentation as the element of accounting method in ensuring the quality of information resources
The article states that documenting is the method of primary monitoring of economic activity and / or the separate economic operation that involves fixation of their properties on the corresponding medium. In the process...
Impact of processes of transformation on dairy enterprises’ activity under crisis
The aim of the research is to analyze the dairy enterprises’ activity in Zhytomyr region, in particular, the ways of adaptation to the major crisis factors and outlining the prospects of the industry. The paper considers...
Selecting the group method of data handling as one of the most perspective algorithmes for building a predictive model of petroleum consumption in the system of energy balance of Ukraine
This paper deals with issues of petroleum consumption in Ukraine. The dynamics of consumption of petroleum is analysed and proposed guidelines for the efficient production, consumption and import of petroleum in Ukraine....
Problems and prospects of motor insuarance market in Ukraine
Taking into account the impact of current problems in the economy on the state of the insurance market the functioning problems occur on structuring motor insurance market and its balance. The study aims to identify tren...
Ukrainian population emigration in the context of international labor migration trends: economical and socio-demographic basis
The spread of the phenomenon of international migration in the world and Ukraine’s integration into the global community creates preconditions for its participation in international migration processes. But the demograph...