Socio-Economic Benefits of Using Public-Private Partnership for the Implementation of Social Projects
Socio-Economic Benefits of Using Public-Private Partnership for the Implementation of Social Projects
Author(s): Yuliia PEREGUDA, Iaroslav PETRUNENKO, Mykola SERBOV, Mykhailo BARSKYI, Tetiana SALNYKOVASubject(s): Economy, National Economy, Public Finances, Socio-Economic Research
Published by: RITHA Publishing
Keywords: public-private partnerships; socio-economic benefit; social infrastructure; cost-efficiency; hybrid governance; Ukraine;
Summary/Abstract: The study evaluated the effectiveness of public-private partnerships (PPPs) in Ukraine’s social infrastructure, comparing them with fully public projects in terms of cost-efficiency, implementation speed, employment, and user satisfaction. A mixed-methods design was applied, analysing four PPP cases: Biopharma Blood Center, Zhytomyr Hospital, Rinat Akhmetov Emergency Ambulance Initiative, and EdCamp Digital Education Program. Quantitative analysis using SPSS 28.0 included paired t-tests, multivariate and logistic regressions, and Social Return on Investment (SROI). Qualitative insights were drawn from 15 stakeholder interviews coded in NVivo 12. The PPPs reduced costs per beneficiary by 24% to 27%, shortened implementation time by five to six months, and improved user satisfaction by more than 35 percent. Access to services in underserved areas expanded by 25% to 30 %, while job creation exceeded that of public projects by 40% to 50%. Regression models confirmed statistical significance (p < 0.05), and robustness was validated through non-parametric testing. Qualitative findings identified five key success factors: strategic alignment, strong governance structures, agile implementation, technological innovation, and regulatory coordination. Internal managerial practices such as KPI dashboards, cross-functional teams, and performance-based decision systems significantly contributed to positive PPP outcomes. The study emphasized that these internal mechanisms, often neglected in policy-oriented analyses, played a critical role in transitional and post-conflict contexts. It recommended standardizing SPVs, implementing digital monitoring tools, reforming licensing protocols, and establishing centralized PPP data systems to enhance scalability and institutional success.
Journal: Journal of Applied Economic Sciences (JAES)
- Issue Year: XX/2025
- Issue No: 3(89)
- Page Range: 573-598
- Page Count: 26
- Language: English
