- Autor
- Bondar Nataliia (Rzeszow University of Technology, Poland), Bakalinskyi Oleksandr (Luxemburg Institute of Socio-Economic Research, Luxemburg)
- Tytuł
- Forms and Principles of State Support for Public-Private Partnership Projects
- Źródło
- Humanities and Social Sciences, 2024, vol. 31, nr 2, s. 31-39, rys., bibliogr. 10 poz.
- Słowa kluczowe
- Partnerstwo publiczno-prywatne (PPP), Pomoc państwowa, Podejmowanie decyzji
Public-Private Partnerships (PPP), State aid, Decision making - Uwagi
- summ.
- Abstrakt
- Infrastructure projects are mostly capital-intensive, have a long payback period, and carry a social burden. The cost of services provided to society is usually regulated by the government. The participation of private investors in such projects is associated with significant risks that arise at the project level and in relation to the state as a partner. On the other hand, the implementation of PPP projects requires significant amounts of funding, which often necessitates the involvement of financial institutions. To implement such projects, it is necessary to provide state support. The article presents the forms of state support used in world practice. The essence and types of state guarantees as a form of state support for PPP projects are disclosed. The principles of their provision are systematized. The author proposes a conceptual approach to the decision-making by governments to provide state guarantees for PPP projects. (original abstract)
- Pełny tekst
- Pokaż
- Bibliografia
-
- Dailami, M., Klein, M. (1999) Government Support to Private Infrastructure Projects in emerging Markets [Access: 18.02.2023]. Access on the internet: https://www.researchgate.net/publication/23722041_Government_support_to_private_infrastructure_projects_in_emerging_markets.
- Grimsey, D., Lewis, M.K. (2007). Public Private Partnerships and Public Procurement. "Agenda", Vol. 14. DOI: 10.22459/AG.14.02.2007.06.
- He, Y., Shi, L., Li, Z. (2022). Early Termination Mechanism of Public-Private Partnership Transportation Projects with Government Guarantee. "Journal of Infrastructure Systems", 28(4).
- Irwin, T. (2007). Government guarantees: Allocating and valuing risk in privately financed infrastructure projects. World Bank Publications.
- Kosov, M.E., Sigarev, A.V., Popkov, S.Y., Ekimova, K.V., Fedotov, A.M. (2020). International practice of provision of guarantees for implementation of investment projects. "Journal of Advanced Research in Law and Economics", 11(1(47)).
- Li, P. (2020). Project Selection of Government Guarantee in BOT/PPP Project Finance. "American Journal of Industrial and Business Management", 10(6).
- Lu, J.Z., Chao, J.J., Sheppard, J.R. (2019). Government Guarantees for Mobilizing Private Investment in Infrastructure. International Bank for Reconstruction and Development/The World Bank.
- Pellegrino, R., Carbonara, N., Costantino, N. (2019). Public guarantees for mitigating interest rate risk in PPP projects. "Built Environment Project and Asset Management", 9(2).
- Sant'Anna, R.L., Brandão, L.E.T., Bastian-Pinto, C.D.L., Gomes, L.L. (2022). Liability Cost of Government Guarantees in Highway Concession Projects: Case of the Salvador-Itaparica Bridge. "Journal of Infrastructure Systems", 28(2).
- Бондар, Н.М. (2014). Розвиток транспортної інфраструктури України на засадах державно-приватного партнерства/Development of Ukraine's transport infrastructure on the basis of public-private partnership. Київ: НТУ.
- Cytowane przez
- ISSN
- 2300-9918
- Język
- eng
- URI / DOI
- http://dx.doi.org/10.7862/rz.2024.hss.16
