Peculiarities of Applying the Public–private Partnership Technique in Exploration of Natural Resources

S.D.Ageeva (swtageeva@gmail.com)

Journal "Region: Economics and Sociology", 2014, vol. 3

Abstract: The paper examines the ways of how to apply the public–private partnership technique (PPP) in exploration of Siberian natural resources. We summarize the successful PPP projects carried out in populated regions in Russia and analyze possibilities to expand the method in order to create non-productive and infrastructural objects in mineral resources sector. The article shows main risks arising while exploring natural resources using the PPP technique. We conclude that it is necessary to preserve the uniqueness principle for a project in the sphere of mineral resources exploration, as well as the uniqueness principle when drafting the PPP documents. It is shown that due to violation of the basic PPP principles (such as competitiveness when choosing a partner, transparency in project implementation, accessibility of information on whether project implementation is efficient), it is impossible to improve the efficiency of government expenditure in mineral resources sector

Keywords: regions of natural resources exploration; public–private partnership; mineral resources sector; Investment fund of the Russian Federation; infrastructure bonds (search for similar items in EconPapers)
Date: 2014
Note: Regional and Interregional Aspects of Structural and Investment Policy
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nos:regioe:2014-3_10

Access Statistics for this article

More articles in Journal "Region: Economics and Sociology" from Institute of Economics and Industrial Engineering of Siberian Branch of RAS
Bibliographic data for series maintained by Galina Cheverda ().