Solodovnik O. Financial and Economic Security of a Public-Private Partnership: a Strategy for Protecting the Interests of the Parties

The thesis presents a scientific substantiation of the solution of a modern scientific and practical problem – the development of theoretical and methodological provisions and practical recommendations concerning the formation of a strategy for protecting the financial and economic interests of the parties to a PPP, the implementation of which will contribute to increasing the level of financial and economic security of the PPP. For the first time, the concept of ensuring financial and economic security of a PPP is proposed in terms of the synergistic paradigm; methodological bases for assessing, modeling, and forecasting the level of financial and economic security of a PPP are defined; a methodological approach to assessing financial and economic security of a PPP based on a three-component indicator of the integral components of financial and economic security of the private partner, FES of the public partner, and financial and economic security of the partnership is elaborated; a methodological approach to assessing FES of a PPP in the implementation of road transport infrastructure projects is developed. Organizational support of the parties to a PPP is improved by building a conceptual model of interaction of the parties to a PPP in ensuring financial and economic security of a PPP. The model defines the tasks of the financial and economic security subjects of a PPP in accordance with the stages of PPP implementation and implies the creation of a coordination mechanism. There carried out the modeling of the considered interaction by developing a game model of moral hazard including the parameters of financial and economic security of the partnership. Organizational and methodological approaches to strategic planning of financial and economic security of a PPP are perfected by justifying the sequence and content of the stages of formation and implementation of the strategy for protecting the financial and economic interests of the parties to a PPP.