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2019 | OriginalPaper | Buchkapitel

13. Public–Private Partnerships as a Mechanism of Financing Sustainable Development

verfasst von : Bruno S. Sergi, Elena G. Popkova, Kseniya V. Borzenko, Natalia V. Przhedetskaya

Erschienen in: Financing Sustainable Development

Verlag: Springer International Publishing

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Abstract

While the obstacles to supporting sustainable development include financial barriers, the goals of sustainable development are being pursued by separate small-scale and narrow private entrepreneurial initiatives within corporate responsibility and own commercial interests and by strictly limited (due to a deficit of financial resources) and ineffective (due to the inflexibility of management) national initiatives in the public interest. Our working hypothesis is that public–private partnership is a perspective mechanism of financing sustainable development, as it allows for harmonizing private and public interests, unifying entrepreneurial and government investments, and developing highly effective and full-scale implementation of initiatives in the sphere of sustainable development. We substantiate and develop practical recommendations for successful usage of public–private partnership as a mechanism of financing sustainable development. Flexibility and variability of the mechanism of public–private partnership ensures its applicability to any project in the sphere of sustainable development. A proprietary conceptual model of financing sustainable development by public–private partnership offers practical solutions to become a conceptual basis and framework practical guide for application of public–private partnership as a mechanism of financing sustainable development.

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Metadaten
Titel
Public–Private Partnerships as a Mechanism of Financing Sustainable Development
verfasst von
Bruno S. Sergi
Elena G. Popkova
Kseniya V. Borzenko
Natalia V. Przhedetskaya
Copyright-Jahr
2019
Verlag
Springer International Publishing
Buch
Financing Sustainable Development

Print ISBN: 978-3-030-16521-5

Electronic ISBN: 978-3-030-16522-2

Copyright-Jahr: 2019

DOI
https://doi.org/10.1007/978-3-030-16522-2_13

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