INSTITUTIONAL ANALYSIS OF THE PRACTICE OF APPLICATION OF PUBLIC-PRIVATE PARTNERSHIP IN THE FIELD OF INFRASTRUCTURE OF UKRAINE
Keywords:institutional environment, infrastructure, concession, public administration, PPP project
Over the last two decades, public-private partnership (PPP) mechanisms in the field of infrastructure in Ukraine have been used more and more widely. However, the issues of creating a favorable institutional environment for the effective implementation and development of PPP projects still remain relevant. The purpose of this study is to assess the PPP policy of Ukraine in the field of infrastructure on the basis of in-depth and comprehensive analysis of the institutional environment and the development of proposals for its improvement. Theoretical analysis of normative-legal support of PPP development in the field of infrastructure is carried out and the general organizational structure of institutional environment of regulation of PPP relations in the field of infrastructure is formed, which determines the logic of subordination and interaction of different levels in PPP system. An assessment of the level of PPP development in the field of infrastructure of Ukraine at the international level using the Infrascope Index. Based on the study of the level of infrastructure development and the effectiveness of PPP policy and projects, a SWOT-analysis of PPP projects in the field of infrastructure of Ukraine was conducted. The findings suggest that changes in the institutional environment need to be consistent with PPP policies, and PPP effectiveness is closely linked to its institutional environment.Proposals have been made to improve the institutional environment of Ukraine to ensure the effective implementation of PPP policy in the field of infrastructure.
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