Cхід (Feb 2017)

The public and private sectors of the economy: historical aspects of cooperation

  • Illia Brailovskyi

DOI
https://doi.org/10.21847/1728-9343.2016.6(146).91796
Journal volume & issue
Vol. 0, no. 6(146)
pp. 11 – 15

Abstract

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The article reviews the development of interaction between private capital and the state as a public-private partnership (PPP). The basic model of the original PPP, given their basic characteristics, considered the economic conditions of their origin and functioning. Historically, the first form of public-private partnership made it possible to state to realize their economic, political and other interests. These relations continued to exist as long as the level of development of the state and its institutions are not given the opportunity to maximize the latter belonging to perform her functions. Protoforms PPP were not acts of the partnership (with the exception of certain elements of concession relations), and the delegation of certain functions of the state or the private sector elements. Therefore, most of the models of interaction between government and business have ceased to exist, and because so far the state is now true mainly for financial reasons, are not able to fully satisfy the public interest, to replace protoforms in the second half of the twentieth century. emerged and began to develop modern forms of public-private partnership.

Keywords