IMPROVING PUBLIC-PRIVATE PARTNERSHIP EFFICIENCY ASSESSMENT METHODOLOGY IN THE SERVICE SECTOR

Abstract

At present, the use of Public-Private Partnership mechanism in investing in the services sector is becoming important in development of the national economy. Hence, Public-Private Partnership (PPP) is an essential tool for ensuring the socio- economic development of the country and an important source of financial resources for investment projects that retain control of public authorities and cooperate with investors. This paper reviews a methodology for assessing effectiveness of PublicPrivate Partnership in the services sector, forms and conditions of mutually beneficial relations between partners, goals and objectives of PPP projects, cooperation through public and private sector assets and management skills, public-private partnership. Furthermore, the paper analyzes expected obstacles and limits of the private partnership, the process of organizing cooperation projects, assessment of project effectiveness and the impact of economic risks on it, key indicators for determining effectiveness of investment projects, integrated economic efficiency of the investment project, budget efficiency in the Public-Private Partnerships.