ResearchBib Share Your Research, Maximize Your Social Impacts
Sign for Notice Everyday Sign up >> Login

DEVELOPMENT PROSPECTS OF PRIVATE-STATE SECTOR PARTNERSHIP MECHANISM IN THE RUSSIAN FEDERATION

Journal: The Way of Science (Vol.1, No. 35)

Publication Date:

Authors : ; ;

Page : 78-80

Keywords : private-state partnership; private sector capital; economy; investment potential; projects; budget; state; infrastructure.;

Source : Downloadexternal Find it from : Google Scholarexternal

Abstract

The various risks, including financial ones, are characteristic of the implementation of the major projects aimed at infrastructure development, due to their complex character and uncertain conditions. The majority of infrastructure objects is under the supervision of regional and municipal authorities, which have an urgent issue of budgetary shortfall. This issue can be solved attracting investment from private sector capital. The partnership of state and private sectors during the implementation of socioeconomic programs is carried out in the form of interaction – “private-state partnership”. The development of private-state partnership as an important element of efficient economic growth allows the state to obtain extra-budgetary resources, raises the investment potential of region and country. In the article, the authors consider the private-state sector partnership mechanism and also distinguish the aspects of development of this form of interaction between state and private sectors.

Last modified: 2017-06-06 17:19:07