Ukraine’s needs in sports infrastructure and limited fiscal space require effective management of state investments in order to stimulate economic development, provide quality services and stimulate economic activity. The implementation of infrastructure projects for the satisfaction of public services in the process of public-private partnership (hereinafter – PPP) is widespread in the world, because it shifts the emphasis of state dominance in the sphere of creation and distribution of services, increases the efficiency of the use of public funds due to competitive management, risk distribution and responsibility. PPP can serve as an effective solution for the creation (improvement, reconstruction) of sports infrastructure, in the absence of the possibility of financing such objects from the state budget. The main interest of the private sector in the implementation of sports infrastructure projects is mainly the use of such facilities, while the public sector (which often owns such facilities) is mostly concerned with the economics of maintaining the facilities and additional revenues to compensate for budget cuts. Therefore, in conditions of limited state resources, cooperation between the state and private partners can serve as the key to successful improvement of the sports infrastructure. The article examines the problematic issues of public-private partnership management in sports infrastructure, taking into account national and international experience. The positive and negative experience of PPP implementation in the field of sports is analyzed using the examples of Singapore, Great Britain, China, India, Lithuania and others, and ways of improving the management of such projects are summarized. Risks in PPP projects and their main carriers have been clarified, in particular, legal, political, operational, financial, environmental, market and other risks have been identified. Draft laws on improving PPP regulation in Ukraine were studied, and attention was also paid to problematic management issues. It was concluded that in order to create an effective partnership between the public and private sectors, it is important to have a strategic view on public investment priorities, a stable regulatory framework for PPPs, and clear selection criteria and opportunities for effective PPP management.
Given that the share of state expenditures on the creation and development of infrastructure projects in the field of sports in Ukraine, at present, remains insignificant and does not cover the necessary needs, there is a question of efficient use of budget funds and stimulate private investment in sports. The article defines the general theoretical principles of publicprivate partnership (PPP) in Ukraine and the world. The current problems of institutional partnership and the relationship between the state and the private sector in the field of physical culture and sports in the development of PPP, generalized and systematized mechanisms of state support for private investment in the sports industry based on trends in entrepreneurship in the study area. The issue of financing infrastructure projects of the sports industry through PPP is considered, with special attention to the characteristics of different PPP models (concessions, life cycle contracts, etc.) and mechanisms for their application in different countries (USA, England, Italy, and others) and analysis of the Law of Ukraine. About public-private partnership". Based on the analysis of projects, as well as legal mechanisms that ensure the rights and responsibilities of the state and private partner in Ukraine, the need to support PPP in the field of sports was noted. It is concluded that in the interaction of business and the state in the field of physical culture and sports, a balance must be achieved between the private interests of the entrepreneur and social problems that arise and should develop for the benefit of society. In addition, the conclusion of this work raises issues arising from the initiators and owners of PPP projects, ways to solve complex aspects, and noted the importance of creating conditions for new institutional relations of partnership between government and business, which will promote sports, the formation of modern scientific developments and innovative technologies.
Infrastructure development in conditions of limited funding requires the search for and implementation of appropriate innovation mechanisms. To form an effective system of public administration and ensure its competitiveness, more and more states are turning to a combination of private and public ownership within the public-private partnership (PPP). Given these trends, it is essential to examine the PPP in the field of innovation as a driver of the economic development of Ukraine. The work aims to study PPP in the field of innovation as an effective mechanism for effective public economic management. The object of research is PPP in the field of innovation. The researchers used such methods as a method of interpretation of scientific data, method of analysis, statistical method, structural-functional method, method of comparison, and system method. As a result of the study, the scientific positions of foreign and domestic scientists in the settled topic direction and the regulatory framework were studied. It was also concluded that cooperation between the state and the private sector creates opportunities for the parties to use innovative developments and participate in globalization processes.
Given the benefits of public-private partnership (PPP), PPP relations, as well as the problems that arise in the contractual settlement of such relations are becoming increasingly important. Legislative requirements for the contractual form of partnership and an open list of contracts that can be concluded within the PPP do not differ in their clarity and clarity of interpretation, which results in the ambiguity of views on the rule of law when concluding agreements. Therefore, it is essential to analyze the problematic aspects of contractual regulation of relations in the field of PPP and suggest ways to solve them. The work aims to study the problems of contractual settlement of PPP. Research methodology such methods as the dialectical method, analysis and synthesis, induction and deduction, proof and refutation, comparison, generalization. As a result of the study, the problematic aspects of concluding agreements in the field of PPP were analyzed. In particular, it was concluded that today, despite the legal basis for the implementation of PPP, the implementation of such projects has some problems that are manifested in both legal and organizational areas. One of the problems is the greater role of the state partner in the implementation of PPP projects, which is manifested in the expanded scope of rights compared to the private partner (ownership of facilities created in the implementation of PPP projects), and, accordingly, lack of business interest in participation in projects not on mutually beneficial terms.
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