Public-private partnership in the context of the public policy of digitalisation: scientific monograph: O. Nemyrovska, O. Suntsova, A. Horbovyy. Bialstok, Poland: E-Bwn, Bialostockie Widawnietwo Naukowe, 2024. 85 p.ISBN 978-83-953142-6-1 https://doi.org/10.5281/zenodo.14966473

91 Pages Posted: 5 Mar 2025

Date Written: August 06, 2024

Abstract

This research paper enlightens about a public-private partnership as a management technology - a long term agreement between a national or local government and a private company. In times of economic crisis, the role of the private sector takes on heightened significance as it assumes the status of an equal partner alongside the state in the pursuit of the country's strategic socio-economic objectives. 
The purpose of this article is to analyze the influence of publicprivate partnership (PPP) assets on economic growth and to propose strategies for implementing programs aimed at restoring Ukraine's economy. 
Methods. Macroeconomic analysis, econometric analysis, trend analysis. Results. Improving the PPP information infrastructure should create an atmosphere of trust between private and public entities during the establishment of contacts regarding the implementation of projects, as well as awareness of the real benefits of each of these entities from participation in PPP projects. 
Conclusion. Ukraine is gradually implementing pilot projects with the support of international organisations and business representatives while having considerable economic potential for this. In the conditions of the formation of the legislative and institutional framework, the successful preparation and implementation of PPP pilot projects in various sectors of Ukraine's economy, in particular infrastructure, energy, and communal services, opens up new opportunities for potential investors, banks and consultants in one of the largest markets of Central and Eastern Europe. Ukraine is a country with rapid transport infrastructure development and favourable investment conditions. The Ministry of Infrastructure, with the support of the European Union, the European Bank for Reconstruction and Development, the European Investment Bank, the World Bank, the International Finance Corporation and other international partners, is working on the renewal of the national transport system by attracting investments, implementing PPP projects and drawing private sector investments. The involvement of private capital in infrastructure is a crucial and urgent issue for Ukraine. The willingness of Ukraine to accept the PPP idea is evidenced by the creation of a regulatory and legal framework, which still needs improvement but already allows the implementation of PPP infrastructure projects. At the same time, to achieve real success and spread the practice of partnership between the state and business, it is necessary to conduct significant structural changes in the processes of interaction between the state, local authorities and the population based on the development of regional strategies, communication policy and their institutional reinforcement. PPPs have been implemented globally in territorial economy management with varying degrees of success. Successful PPPs require careful planning, robust risk management, and effective stakeholder engagement. Lessons learned include the importance of clear roles and responsibilities, transparency, and effective risk allocation and management. Therefore, Ukraine should continue to develop and implement profound reforms. PPPs are seen as a social innovation, combining state and business resources to address social issues. They serve as an anti-crisis tool for ensuring sustainable economic development in regions. 
Keywords: Public-private partnership, Socio-economic development, Management strategies, Marketing policies, Regional Competitiveness, Sectoral boundaries.

Keywords: Public-private partnership, Socio-economic development, Management strategies, Marketing policies, Regional Competitiveness, Sectoral boundaries

Suggested Citation

Suntsova, Olesia, Public-private partnership in the context of the public policy of digitalisation: scientific monograph: O. Nemyrovska, O. Suntsova, A. Horbovyy. Bialstok, Poland: E-Bwn, Bialostockie Widawnietwo Naukowe, 2024. 85 p.ISBN 978-83-953142-6-1 https://doi.org/10.5281/zenodo.14966473 (August 06, 2024). Available at SSRN: https://ssrn.com/abstract=5165986 or http://dx.doi.org/10.2139/ssrn.5165986

Olesia Suntsova (Contact Author)

State Tax University ( email )

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