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Finance and Credit
 

Quality and viability of public-private partnerships in infrastructure development

Vol. 18, Iss. 46, DECEMBER 2012

Available online: 12 December 2012

Subject Heading: Foreign experience

JEL Classification: 

Golyshev G.A. Junior Scientist of the Center for Finance Sector and Financial Management, the Research Financial Institution of the Ministry of Finance of the Russian Federation
g-golyshev@yandex.ru

In the article it is noted that the state-private partnership (SPP) as one of the instruments of realization of national policy in infrastructure development in the conditions of the budgetary deficiency is becoming increasingly important. At the same time this mechanism becomes effective only under the certain conditions. The analysis of the principles of interaction of the state used by the developed countries and business is carried out and the necessary conditions of stable and effective functioning of the SPP mechanism providing high-quality development of infrastructure are opened. The factors having constraining and beneficial impact on potential of partnership are revealed.

Keywords: public-private partnership, efficiency, financial mechanism, and infrastructure

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

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