State and prospects of the development of the public-private partnership in the current conditions

The article examines the current state of application of the public-private partnership mechanism in Europe and the world in general. The key directions of its practical application in sectors of the economy are outlined. The main areas of application are defined, namely: transport, infrastructure, energy, which is especially relevant in the conditions of recovery of the economy of Ukraine and overcoming the consequences of the war. The author'sinterpretation of the concept of "public-private partnership" (hereinafter PPP) is presented. The main key criteria for PPP project participants have been formed. The current state of implementation of PPP projects in Ukraine, influencing factors in war conditions are analyzed.Given that the conditions in which the economy of Ukraine exists are non-trivial, an important emphasis is placed on the activation of private capital within the framework of the state. The article focuses special attention on infrastructure projects, the demand for modernization, reconstruction and reconstruction of which is constantly growing. Based on the above, a number of practical recommendations for the effective implementation of the PPP mechanism in Ukraine are proposed. In particular, the creation of typical projects and SWOT analysis of this decision.The study of the global experience of using the PPP mechanism testifies to the quantitative and qualitative growth of cooperation between authorities and private partners in the world. However, despite some progress in attracting business on the basis of the PPP instrument in Ukraine,stagnation of this process has been observed in the recent period. Also, it was established that the challenges currently facing the economy of Ukraine are non-trivial, therefore, for the implementation and expansion of the PPP mechanism, it is necessary not only to take into account world experience, but also to use non-standard measures. The possibility of introducing state risk insurance in PPP projects is substantiated. Also, during the research process, it wasestablished that the improvement of the regulatory and legal framework, the introduction of the practice of typical PPP implementation projects, and the creation of a basis for state insurance of risks related to martial law should be included among the important measures of the stateregarding the establishment of PPPs.