PUBLIC-PRIVATE PARTNERSHIP AS AN INSTITUTION STRATEGIC DEVELOPMENT OF THE FOREST SECTOR

UDC 630*15

  • Kashtelyan Taisiya Vasil’yevna – PhD (Economics), Associate Professor, Assistant Professor, the Department of Production Organization and Real Estate Economics. Belarusian State Technological University (13a, Sverdlova str., 220006, Minsk, Republic of Belarus). E-mail: taisiya_kascht@mail.ru

DOI: https://doi.org/10.52065/2520-6877-2021-244-1-123-129

Key words: public-private partnership, forest complex, concession, institutional environment, economic activity, internalization of eco-costs, market functioning, collective activity, principles.

For citation: : Kashtelyan T. V. Public-private partnership as an institution strategic development of the forest sector. Proceedings of BSTU, issue 5, Economics and Management, 2021, no. 1 (244), pр. 123–129 (In Russian).DOI: https://doi.org/10.52065/2520-6877-2021-244-1-123-129.

Abstract

The article is devoted to the problems of public-private partnership (PPP) in the forest sector of Belarus. The objectives of joint forest ownership and aspects of sustainable development of industries are analysed. The limitations of the multifunctional solution of the problems of sustainable development based on the existing rights to forest resources (obtaining wood and other raw materials and products, preserving biodiversity, air purification, etc.) are shown.)

The methodology involves a monographic review of the available scientific research on the problems of institutional support for PPP, in statistical representation of the dynamics of development of businesses and empirical study of economic activity of the subjects.

The conditions and strategic problems of PPP in the forest sector are outlined. The latter include the unwillingness of subjects to activate the economic interests of participants in forest and timber industry relations through: legal powers of access to resources and financial instruments of rent-based relations, the implementation of highly effective and successful local management practices, taking into account the decentralization of the functions of the economic context and environmental co-regulation, the development of proactive measures to stimulate innovation and modern methods of state property management related to investments in improving the quality of life of the population, improving existing ones and creating new jobs, reducing social tension.

At the national, regional and local levels, it is proposed to use PPP mechanisms through the sufficiency of the institutional environment, the availability of own financial resources and special development conditions. This involves the study of organizational specifics of economic relations of ownership and appropriation, the identification of incentives for efficient production and processing, reproduction of biological resources, the use of adaptive management methods and innovative practices, taking into account the global trends of planetary development and the creation of an environmentally efficient circular bioeconomy based on post-industrial forests.

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02.02.2021