2021 7

Public-Private Partnership in the Economic Model of a Closed Cycle During the Crisis

Lola Yu.Yu.
Phd in Economic Sciences
ORCID https://orcid.org/0000-0002-6631-3822
e-mail:  yuliia.lola@hneu.net,
Semyon Kuznets Kharkiv National University of Economics
Brusiltseva H.M.
Phd in Economic Sciences
ORCID https://orcid.org/0000-0003-3759-460X
e-mail: anna.brusiltseva@hneu.net,
Semyon Kuznets Kharkiv National University of Economics

Citation Format
Lola Yu.Yu., Brusiltseva H.M. Public-Private Partnership in the Economic Model of a Closed Cycle During the Crisis. Management of Economy: Theory and Practice. Chumachenko’s Annalscollection of scientific papers / Institute of Industrial Economics of the NAS of Ukraine. Kyiv, 2021. P. 106-116. DOI: https://doi.org/10.37405/2221-1187.2021.106-116

Language
Ukrainian

Resume
The theoretical approach to managing the anti-crisis potential of the region by transforming the interaction of society, business, and the state is considered. An indicator of the effectiveness of such a transformation is the growth of social return, which can be achieved by implementing the principles of circular economy, social entrepreneurship and public-private partnership. The cyclical economy is aimed at achieving minimization of the impact of human activity on the environment through an innovative approach to resource consumption. This harmonizes society’s relationship with nature and greatly facilitates interaction between all economic entities regarding the regulation of problems of harmful emissions of enterprises and other environmental issues. Public-private partnership unites the efforts of the state and business for the implementation of large-scale long-term projects and raises the effectiveness of their interaction to a new level. For the successful functioning of the proposed model, society, the state and business must firmly hold on to a stable system of values: honesty, mutual assistance, spirituality, a harmonious attitude towards oneself, surrounding people and nature.

Keywords
circular economy, social entrepreneurship and public-private partnership.

Referensces

  1. Ataliru, Y., et al. (2019). A review on green economy and development of green roabs and highways using carbon neutral materials. ReneWable and Sustainable Energy Reviews, Vol. 101, p. 600-613. DOI: https://doi.org/10.1016/j.rser.2018.11.036
  2. Trushkina, N. V. (2021). Tsyrkuliarna ekonomika: stanovlennia kontseptsii, evoliutsiia rozvytku, bariery, problemy i perspektyvy [Circular Economics: Concept Formation, Evolution of Development, Barriers, Problems and Prospects]. Visnyk ekonomichnoi nauky Ukrainy, 1 (40), рр. 9-20. DOI: https://doi.org/10.37405/1729-7206.2021.1(40).9-20 [in Ukrainian].
  3. Model tsyrkuliarnoi еconomiky [Circular economy model]. Retrrieved from https://business.diia.gov.ua/handbook/impact-investment/model-cirkularnoi-ekonomiki [in Ukrainian].
  4. Allwood, J. M. (2014). Squaring the Circular Economy: The Role of Recycling within a Hierarchy of Material Management Strategies. In Handbook of Recycling (pp. 445-477). Amsterdam, Elsevier. DOI: https://doi.org/10.1016/B978-0-12-396459-5.00030-1
  5. Fedorchuk, Ya.,  Servetnyk, D. (2019). Tsyrkuliarna ekonomika. Orhanizatsiino-pravovi aspekty [Circular economy. Organizational and legal aspects]. Kyiv, KNEU. Retrrieved from https://www.businesslaw.org.ua/circle-economic-t/#comments [in Ukrainian].
  6. Matynshok, V., Bruno. Sergio, Balashova, S., and Gomonov, K. (2017). Vliyaniye smart grid i vozobnovlyayemykh istochnikov energii na energoeffektiv-nost’: zarubezhnyy opyt. [Influense of smart grid and renewable energy sowcces on energy efficiency: foreigu experience]. Vestnik RUDN. Seriya: Ekonomika RUDN Journal of Economics, Vol. 25 (4), рp. 583-598. DOI: https://doi.org/10.22363/2313-2329-2017-25-4-583- [in Russian].
  7. Bogdanowicz, P. (2020). Regulation of PPP and concessions in European Union law – different but equal? Public-Private Partnerships and Concessions in the EU. (рр. 1-16). Retrrieved from https://www.elgaronline.com/view/edcoll/9781839105005/9781839105005.00007.xml. DOI: https://doi.org/10.4337/9781839105012.00007
  8. Hui Ling Lee, Konstantinos Vavitsas. (2021). Driving innovation in biotechnology with Private-Public Partnerships: A Singapore perspective. Biotechnology Notes, Vol. 2, рр. 59-62. Retrrieved from https://www.sciencedirect.com/science/article/pii/S2665906921000088. DOI: https://doi.org/10.1016/j.biotno.2021.10.001
  9. Calderon, C., Moral-Benito, E., & Luis, S. (2011). Is infrastructure capital productive? A dynamic heterogeneous approach. Policy research working paper; No. WPS 5682; paper is funded by the knowledge for change program (KCP). Washington, DC: World Bank. Retrrieved from https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1798484
  10. HakanYurdakul, Rıfat Kamaşak, Tülay Yazar Öztürk. (2021). Macroeconomic drivers of Public Private Partnership (PPP) projects in low income and developing countries: A panel data analysis. Retrrieved from https://www.sciencedirect.com/science/article/pii/S2214845021000028
  11. Polyakova, I., Vasilyeva, E. (2016). Benefits of public-and-private partnership for the creation of the infrastructure of the urbanized territories. Procedia Engineering, Vol. 165, рр. 1380-1387. Retrrieved from https://www.sciencedirect.com/science/article/pii/S1877705816342291. DOI: https://doi.org/10.1016/j.proeng.2016.11.868
  12. World Bank. Retrrieved from https://www.worldbank.org/uk/
  13. Analitychna zapyska [Analytical note]. Retrrieved from https://rozvytok.in.ua/images/%D0%90%D0%BD%D0%B0%D0%BB%D1%96%D1%82%D0%B8%D0%BA%D0%B0_15.10._1.pdf
  14. Ministerstvo rozvytku hromad ta terytorii Ukrainy [Ministry of Development of Communities and Territories of Ukraine]. Retrrieved from https://www.minregion.gov.ua/napryamki-diyalnosti/zhkh/terretory/stan-sfery-povodzhennya-z-pobutovymy-vidhodamy-v-ukrayini-za-2020-rik-2/ [in Ukrainian].
  15. Voitsikhovska, A., Kravchenko, O., Melen-Zabramna, O., Pankevych, M. (2019). Krashchi yevropeiski praktyky upravlinnia vidkhodamy [Best European waste management practices]. Lviv, Manuscript Company Publishing House. 64 р. [in Ukrainian].
  16. DU Instytut ekonomiky pryrodokorystuvannia ta staloho rozvytku Natsionalnoi akademii nauk Ukrainy [DU Institute of Economies of Nature Use and Sustainable Development of the National Academy of Sciences of Ukraine]. Official website. Retrrieved from http://ecos.kiev.ua/news [in Ukrainian].
  17. European Investment Bank. Retrrieved from https://data.eib.org/epec
  18. Sotsialne pidpryiemnytstvo v Ukraini. Ekonomiko-pravovyi analiz [Social entrepreneurship in Ukraine. Economic and legal analysis]. Retrrieved from https://www.euneighbours.eu/sites/default/files/publications/2020-11/Legal%20report%20in%20Ukraine_Ukrainian.pdf [in Ukrainian].
  19. Ministerstvo ekonomiky Ukrainy [Ministry of Economy of Ukraine]. Retrrieved from https://me.gov.ua/Documents/List?lang=uk-UA&tag=ZagalniiOgliadDerzhavno-privatnogoPartnerstva [in Ukrainian].
  20. Zaloznova, Yu.S., Petrova, I.P. (2020). Rezhym mizhnarodno-publichno-pryvatnoho partnerstva v naukovo-tekhnichnii ta innovatsiinii sferakh u konteksti yevrointehratsiinykh protsesiv [Regime of International-Public-Private Partnership in Scientific, Technical and Innovation Spheres in the Context of European Integration Processes]. Upravlinnia ekonomikoiu: teoriia ta praktyka. Chumachenkivski chytanniaManagement of Economy: Theory and Practice. Chumachenko’s Annals, рр. 19-31. DOI: https://doi.org/10.37405/2221-1187.2020.19-31 [in Ukrainian].

Full Text .pdf