Institutional Approaches to State-Business-Society Partnership in Ukraine: Financial Support Mechanisms for Sustainable Development

Abstract

The formation of effective and resilient partnerships between the state, business, and civil society is a critical factor in achieving sustainable development, particularly in post-crisis and transitional contexts. This article examines institutional approaches that shape the tripartite collaboration in Ukraine, emphasizing the importance of financial support mechanisms and the cognitive foundations of cooperation, such as trust and legitimacy. Drawing on a combination of institutional theory and cognitive models, the study analyses Ukraine's current institutional landscape, identifies challenges and fragmentation in coordination, and evaluates financial instruments including public-private partnerships, donor programs, co-financing schemes, and community-driven initiatives. The research highlights how institutional trust and financial transparency play decisive roles in enhancing stakeholder engagement and long-term collaboration. Based on national and international case studies, the paper proposes policy recommendations to improve the institutional infrastructure and ensure financial sustainability in multi-actor partnerships amid Ukraine’s post-war recovery and European integration process.