Interests and Advantages of the Private Sector in the State-Private Partnership
Journal Title: Бізнес Інформ - Year 2013, Vol 8, Issue 0
Abstract
The article is devoted to analysis of interests that stimulate a private partner to joint activity with the state and advantages they obtain from realisation of projects of the state-private partnership (SPP). It marks out main features and fields of application of the state-private partnership. It underlines that an important prerequisite for motivation of the private sector to enter into partnership relations with the state is observance of clear law competent formal rules in the institutional system. The article identifies potential and basic advantages of the use of the form of the state-private partnership when realising large-scale projects of the national significance. It shows, in particular, that the main advantage of SPP compared to other types of legal relations between the authorities and private sector is the optimal distributions of powers with respect to control over the joint activity on provision of services to the population, in the result of which a desired result will be achieved by both parties. The author believes that the main advantage of SPP for private business is a possibility to expand investments into those branches of the socio-economic life of the country, which earlier was the realm of the state investments.
Authors and Affiliations
Ilya Brailovskiy
Keywords
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