Public–Private Partnership Mechanisms in Financing Smart City Projects
Tetiana IANKOVETS et al.
What the paper says
This research paper addresses the critical challenge of financing Smart City infrastructure through the optimization of Public-Private Partnership (PPP) mechanisms. As municipalities face increasing fiscal constraints, the transition to digital urban environments requires innovative capital allocation strategies that balance public oversight with private sector efficiency.  Using a comparative, correlation, and cluster analysis framework, this research evaluates their capacity to mitigate information asymmetry and distribute financial risks. The findings indicate that well-structured partnerships serve as essential economic instruments for expanding 'fiscal space' and ensuring the long-term financial sustainability of urban digital transformations. The results offer evidence-based insights for policymakers in transitional economies seeking to bridge the infrastructure funding gap while maintaining macroeconomic stability.Copyright© 2026 The Author(s). This article is distributed under the terms of the license CC-BY 4.0., which permits any further distribution in any medium, provided the original work is properly cited.Article’s History: Received 25th of January, 2026; Revised 27th of February, 2026; Accepted 24th of March, 2026; Available online: 30th of March, 2026. Published as article in the Volume XXI, Spring, Issue 2(92), March, 2026.
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.50 × 0.4 = 0.20 |
| M · momentum | 0.50 × 0.15 = 0.07 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.