LAUSR.org creates dashboard-style pages of related content for over 1.5 million academic articles. Sign Up to like articles & get recommendations!

Public-Private Partnership: Its Essence and Specificity

Photo from wikipedia

The article justifies public-private partnership from the point of view of domestic and foreign theory and practice, since the state is the initiator of the vast majority of public-private partnership… Click to show full abstract

The article justifies public-private partnership from the point of view of domestic and foreign theory and practice, since the state is the initiator of the vast majority of public-private partnership projects. Therefore, there is a specific partnership between the state and business, which depends on the goals, objectives, priorities of economic policy, legislative and the regulatory and legal framework, the administrative structure and functions of government bodies, the level of development of society and legal culture. It is determined that a public-private partnership should be viewed not as a simple combination of state and business resources, but as a technology for developing economic relations that combines state business and other government corrective actions with the ability to attract private investment and private business competencies to solve social and economic problems.

Keywords: partnership; private partnership; state business; public private

Journal Title: Journal of Advanced Research in Law and Economics
Year Published: 2019

Link to full text (if available)


Share on Social Media:                               Sign Up to like & get
recommendations!

Related content

More Information              News              Social Media              Video              Recommended



                Click one of the above tabs to view related content.