Paper abstract:

Like never before, specifically the public-private sector partnerships (PPPs) must play an essential role in developing and also recovering small and medium-sized enterprises after the Covid-19 pandemic. The PPP mechanism itself is considered to be able to produce a lot of benefits and advantages if it is properly and duly implemented by both parties - governments and business sector. Those benefits are further listed: increased accountable competition among SMEs, created job opportunities, improved or/ and reconstructed infrastructure, increased productivity and efficiency of SMEs and other benefits. The governments of Central Asia possess such unique resources and possibilities toward building capacity and increasing productivity that SMEs have no in hand, while SMEs have the innovative approaches to generate income in a flexible way and the innovative skills to foresee and avoid high risks and crises. Therefore, a combination or emergence of the government's available resources and SMEs' innovative skills can lead to develop sustainable public-private sector partnerships within the country and among the countries of Central Asia.