EVOLUTION OF THE PUBLIC-PRIVATE PARTNERSHIP MECHANISM
DOI:
https://doi.org/10.60078/2992-877X-2026-vol4-iss4-pp317-324Abstract
This article examines the origin of the public-private partnership (PPP) concept, the reasons for the emergence of this mechanism, and its key advantages. Based on the analysis of historical development stages, countries were classified according to their level of development, and principles for selecting appropriate PPP policies for each stage were identified. The main objective of the study is to provide a foundation for guidelines on the effective implementation of PPP policies at the appropriate stage of a country’s development.
Keywords:
PPP stages private finance initiative fiscal constraints infrastructure BOOTReferences
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