PUBLIC-PRIVATE PARTNERSHIP FOR THE DEVELOPMENT OF INFRASTRUCTURE INDUSTRIES: EUROPEAN EXPERIENCE OF STRENGTHENING NATIONAL ECONOMIC SECURITY

Abstract

Economic security is a prerequisite for the stable development of any country; it is partially reflected in GDP per capita, employment, and unemployment rates. The purpose of this study is to determine the impact of investments for the development of infrastructure facilities on the basis of public-private partnership (PPP) on the economic security of a country. The analysis uses official data from the European Investment Bank and the Statistical Office of the European Union. The article concludes that there is a high correlation between accumulated investment in infrastructure and GDP per capita, employment, and unemployment. On this basis, it is reasonable to consider infrastructure development policy as important not only for national but also for economic security. Developing infrastructure facilities by attracting private investment can reduce pressure on national budgets and accelerate the implementation of capital-intensive projects.

Keywords

• public-private partnership
• infrastructure
• indicator
• economic security
• investment
• project