The formation of a private finance initiative in the UK

In the economy of almost all countries, both developed and developing, the state uses a wide range of methods and instruments of its (economic) regulation. Moreover, this set of methods and tools depends on many factors, but, above all, on the state of the socio-economic system. One of the most important tools is public-private partnership. In turn, the implementation of public-private partnership policies varies not only by national characteristics, but also by the state of the country’s financial system. The relevance of this study lies in identifying the specific features of implementing public-private partnership mechanisms at different stages of a country’s socio-economic development and assessing their effectiveness. The study focuses on the United Kingdom. It analyzes the stages of making administrative and political decisions regarding the use and implementation of private financial initiatives in a pre-crisis state of the country’s economy to provide high-quality public services to the population. The purpose of the study is to examine the features of the implementation of public-private partnership mechanisms in the UK. The analysis of the implementation of public-private partnership mechanisms in the form of a private financial initiative has shown a significant increase in the initial cost of infrastructure projects and requires the development of additional regulatory frameworks that regulate additional cost-effectiveness indicators.