EVOLUTION OF CONCESSION OPERATIONS

Mykola  DIADENKO

doi:10.31617/3.2024(133)03

Authors

Mykola DIADENKO State University of Trade and Economics https://orcid.org/0000-0001-7631-8013

DOI:

https://doi.org/10.31617/3.2024(133)03

Keywords:

concession arrangements, service concession arrangements, concession agreements, concession, public and private partnership, accounting.

Abstract

In todayʼs dynamic world, it is important to understand the roots and evolution of key economic and legal mechanisms. The article is devoted to a detailed analysis and description of concession operations during various historical stages: from ancient times, the Middle Ages, stages of development in the 19th and 20th centuries, analysis of its modern trends in the 21st century. The relevance of the research lies in the in-depth disclosure of the mechanisms underlying concession operations and their impact on the economic, social and cultural development of the society. Studying the history of concessions will help specialists and researchers to better assess current trends and predict future developments in this field. The aim of the article is to characterize the key evolutionary stages of concession operations in order to understand their essence and critical features, based on the hypothesis that they have transformed from simple agreements to complex multi-stakeholder contracts for various public services and goods. The research methodology is based on an integrated approach, which includes historical, comparative and analytical research methods. As a result, the research is provided a holistic view of the evolution of concession arrangements, their significance and role in the formation of economic relations at various stages of historical development.

Author Biography

Mykola DIADENKO, State University of Trade and Economics

ACCA, Certified auditor of Ukraine, PhD student of the Department of Accounting and Taxation

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