PROSPECTS OF PUBLIC-PRIVATE PARTNERSHIP FOR REDUCING FINANCIAL BURDEN ON THE PUBLIC SECTOR AND INCREASING THE SOCIAL ORIENTATION OF BUSINESS

The article substantiates the rationality and mutual benefit of joint solution of national problems by public and private sectors. Authors discuss options for such cooperation and the benefits of the project of public-private partnership in terms of its players. The government using mechanisms of PPP attracts private capital to solve social problems. Business, while taking care of society needs, comes to an increased public trust and, as a consequence, to the increased number of loyal customers. Thus, PPP projects allow the private sector to be much more profitable and the government to solve social issues and get additional inflow to the budget in the form of tax on personal profit and personal income.

public sector, private sector, pluralist model, corporatist model, public-private partnership, public investments, private investments, current spending, capital expenditures, corporate social responsibility, innovations.

Sorokina O. V., Sazonov S. P. Prospects of public-private partnership for reducing financial burden on the public sector and increasing the social orientation of business // Business. Education. Law. Bulletin of Volgograd Business Institute. 2016. No. 4 (37). P. 119–123.