Experience of Implementation Infrastructure Projects of Public-private Partnerships in the Social Sector

Vladimir V. Trubin (), Larisa V. Zhuravleva (), Olga V. Korableva () and Maria A. Burankova ()
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Vladimir V. Trubin: Financial Research Institute, Moscow 127006, Russia
Larisa V. Zhuravleva: Financial Research Institute, Moscow 127006, Russia
Olga V. Korableva: Financial Research Institute, Moscow 127006, Russia
Maria A. Burankova: Financial Research Institute, Moscow 127006, Russia

Finansovyj žhurnal — Financial Journal, 2014, issue 4, 144-154

Abstract: The Russian infrastructure needs essential modernization, but it is quite difficult to carry out in the conditions of limitation of the budgetary resources to regional and municipal authorities. The expansion of practice of use of the public-private partnership (PPP), within which the private companies assume risks in infrastructure projects, including the socially significant branches, which are traditionally the sphere of responsibility of the state, may be the possible way of solving this situation. The state and prospects of development of PPP in the social sphere are considered in the article: the main characteristics, the review of the international experience (the country of OECD and the European Union), and also the Russian experience, advantage and restriction of use of this mechanism in practice, possible ways of further development of PPP in the Russia.

Keywords: public-private partnership; infrastructure; social sphere; modernization; development prospects; the Russian Federation (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:140414:p:144-154

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