Private-Public Partnership in the Context of the Crisis: Problems, Risks, Opportunities

Sidorova, E. N.; Tatarkin, D. A.

doi:10.17059/2010-2-9

Cited by 1 publication

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“…Kazaryan [15], among the factors influencing the development of PPP, notes institutional (reflecting the formation of the regulatory framework governing the development of PPP), competence (reflecting the presence of the necessary managerial competencies among public and private sector employees), socio-economic (reflecting the investment attractiveness of regions for the inflow of investments). In addition to these factors, the presence of risks that affect the implementation of PPPs, as well as forms of project financing, are also highlighted [16,17]. Risks affecting the implementation of PPP projects include the risks of planning them, financial risks, including interest rates and inflation, risks of operating the created infrastructure, as well as risks related to the demand for the facilities of the created infrastructure.…”

Section: Literature Reviewmentioning

confidence: 99%

Regional distribution of public-private partnership projects: case of Russia

2021

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In Russia, regional differentiation poses a threat to the development sustainability. The infrastructural gap between regions is a fundamental aspect of this differentiation. To explore possible solutions to this problem, we discuss the proactive attitude towards implementation of public-private partnership projects as an option for bridging the infrastructure gap. That is why we explore distribution dynamics and structure in the context of private partnership projects in Russia in 2007-2020. Based on findings, we concluded the following: first, as for the public-private partnership projects completed, their distribution across federal districts in Russia, as well as across economy sectors is uneven. Second, distribution of investments in implementation of public-private partnership projects by federal districts corresponds to quantitative distribution of projects. Third, distribution of investments in implementation of public-private partnership projects across sectors coincides with distribution of the projects completed. So, we might conclude that in some regions, public-private partnership projects are more capital-intensive and large-scale than in others. This might lead to increased regional differentiation. Overall implementation dynamics of public-private partnership projects in Russia suggests that their capacity is still in low demand.

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Section: Literature Reviewmentioning

confidence: 99%