Forms of public and private partnership

Abstract

Introduction. State and private partnership or "public and private partnership" is one of the modern mechanisms to attract investment funds in sectors that traditionally belong to the state or municipal sector: utilities, transport and medicine. This mechanism is becoming increasingly popular worldwide. Public and private partnership is difficult institute as from organizational so from financial and legal positions. It includes multilateral agreements, allocation of risks, the analysis of commercial prospects and individual financing schemes and legal implementation. The urgency of this problem is due mainly to the fact that public and private partnership is now a necessary component for the development and productive use of the competitive environment. Thus, the development of responsible public and private cooperation is one of the decisive factors of success of programs to modernize the economy and the country.

The purpose of the article is to understand the concepts of differentiation of state private and public private partnerships, to provide a classification of forms of public and private partnerships, to find out the shortcomings of the existing categorical system.

Results. This article describes forms of public and private partnership. It has been provided the explanation of the difference between the interpretations of the concept of public and private partnership. It has bee analysed the problem and identified the necessity to expand and diversify the classification of forms of public and private partnership.