Public-private partnership: a role in the system of the intermediary of the state and business

Abstract

The article is devoted to the clarification of the essence and functional load of the legal forms of public-private partnership in the conditions of modern market economy. The defects in the legal provision of public-private partnership relations were discovered and separate proposals for their elimination were given. The real state of legal regulation of public-private partnership, certain weaknesses and ways of their improvement were analyzed.

Numerous economic crises have proved the necessity for state influence on economic processes (influence of public interests, including state regulation), led to cooperation between the state and local governments with the private sector, one of the forms of such cooperation is the mechanism of public-private partnership. Over the past 10 years, Ukraine has made a significant step towards establishing economically legal mechanism for the interaction of power and business, as the result  the theme of public-private partnership in this context is becoming increasingly relevant.

Public-private partnership is really an effective tool for solving important problems of balanced development at the state, regional and local levels. However, the obstacle to its effective functioning is the imperfection of legal regulation. The law  that regulating the general provisions of the RFP, unfortunately, does not work, and will not work if no measures are taken to improve it.