Home  Journals  Finance and Credit  25(457) - 2011 July

Opportunities of regional and local budgets on realization public-private partnership’s projects

Available online: 30 June 2011

Subject Heading: State-private partnership

JEL Classification: 

The world financial crisis 2008 and budget deficit of different government levels proves once more, that the attempt to decide infrastructure problem due to government means leads to either the slow infrastructure construction that puts the brakes the economic growth or to the exaggeration of government costs that undermines the macroeconomic stability of the country. The crisis requires the search of new forms of the public private partnership (further – PPP) for the effective realization of joint investment projects where the government in terms of budget deficit might have decreased its costs or transferred its to the future period and the private sector might have protects itself from risks. The present work is analyzed opportunities of all budget levels in the realization of PPP projects and in the raising of interest for all participants in its realization. There was submitted a proposal to apply the method of Public Sector Comparator in the Russian tender system of investment projects.

Keywords: public-private partnership (РРР), infrastructure, concessions, life-cycle contracts (LCC), servicing contracts, budged classification, private financial initiative (PFI), Public Sector Comparator (PSC)

View all articles of issue

ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

Journal current issue

Vol. 30, Iss. 4 April 2024

Archive