STATE-PRIVATE PARTNERSHIP AS THE FORM OF REALIZATION OF GOVERNMENT PROGRAMS - Научное сообщество
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STATE-PRIVATE PARTNERSHIP AS THE FORM OF REALIZATION OF GOVERNMENT PROGRAMS

13.11.2020 10:47

[Секция 1. Экономика, организация и управление предприятиями, отраслями, комплексами]

Автор: Rusanjuk V.V., the post-graduate student, National center of science Institute of agrarian economy, the city of Kiev


Authorities try to find sources of financing of new government programs which are aimed at the decision of problems of economy and expansion of social obligations. The State-private partnership is way of the decision of essential problems. Main objective of state-private partnership - simultaneous use of strengths of the state and a private sector in the course of realization of the program with a view of increase of efficiency of used resources by the maximum image and as a result to raise quality of granting of social service. The purposes of use of state-private partnership in the course of realization of government programs concern: social and economic development of region, industrial activity in various branches of economy, increase of a standard of living of the population, efficiency of use of means of the budget, economy of means of the budget in the short-term period at the expense of a financing direction for longer period.

As a result of government program realization both parties of partnership receive certain benefits. For the benefit state consist in the following: 1) use of financial resources of a private sector promotes reduction of budgetary expenses, liberation of budgetary funds and their distribution to other paramount purposes; 2) the state receives ready objects of an infrastructure and manufacture on which base further creates new workplaces, develops perspective directions of economic activities, raises competitiveness of territory and national produce volume; 3) the state has access to the information on strategic plans of a private sector and considers further at definition of strategic targets of development of the country, territory; 4) the state has possibility effectively to apply the competence of the private partner with a view of rendering of the state services; 5) the business environment and business develop, and, hence, there is an increase tax and not tax revenues in the state budget.

The private sector receives following benefits from partnership: 1) tax preferences (the lowered tax rates, delays on payment of taxes, payment of the uniform tax instead of set earlier, debts re-structuring on payments in the budget); 2) a preferential order of rent of the earth, preferential or gratuitous connection to municipal networks; 3) the state guarantees under loans for the private partner with a view of government program realization; 4) methodical and organizational assistance from the state by working out of projects under own initiative; 5) a guarantee of realization of economic activities for an appreciable length of time, the guaranteed payments by the state and profit which depend on degree of participation in state-private partnership; 6) participation in discussion of the strategic decisions connected with realization of the program, coordination of plans for development with the state plans; 7) social advertising in the course of realization of programs, creation of positive business reputation.

The public partner has the right to transfer a part of powers to the private partner (for example, on granting of services to the population). The State-private partnership is the form of realization of government programs, the mechanism of the coordination and realization of financial interests of the state and private sectors.

Thus, application of state-private partnership in the course of realization of government programs has a number of advantages: 1) attraction of additional financial resources in connection with transfer to the private partner of financial obligations on attraction of means; 2) increase of efficiency of use of infrastructural object by the private partner as, involving financing and bearing obligations to borrowers, it directly it is interested in increase in monetary streams from realization of the program and increase of management efficiency by object; 3) association of motivation and skills of the state and private partners, the conclusion of agreements on a competitive basis expand a spectrum of possibilities of use of innovative approaches in the course of realization of programs; 4) decrease in risks by transfer of a part of risks to the private partner as to the party, capable to cope with them with smaller expenses or with the best result; 5) division of public powers and social responsibility in the course of program realization state and private sectors.



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