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A regional public-private partnership management system: building a portfolio of projects

Eseva E.P. Syktyvkar State University named after Pitirim Sorokin, Syktyvkar, Komi Republic, Russian Federation ( esbka@bk.ru )

Bushueva L.I. Syktyvkar State University named after Pitirim Sorokin, Syktyvkar, Komi Republic, Russian Federation ( bouchoueva@rambler.ru )

Journal: Regional Economics: Theory and Practice, #6, 2016

Importance The article considers the formation of a portfolio of projects in the regional management system of public-private partnership.
Objectives The paper aims to develop proposals for formation of such a portfolio.
Methods We used a matrix analysis and statistics
Results We developed and propose a mechanism for selection of projects of public-private partnership and formation of the regional projects portfolio.
Conclusions We conclude that the mechanism will help to balance the development of the region when making decisions on public-private partnership instrument expediency for regional projects implementation.


Benchmarking of using private-public partnership in the regions of the Russian Federation: Evidence from the Komi Republic

Eseva E.P. Syktyvkar State University named after Pitirim Sorokin, Syktyvkar, Komi Republic, Russian Federation ( esbka@bk.ru )

Bushueva L.I. Syktyvkar State University named after Pitirim Sorokin, Syktyvkar, Komi Republic, Russian Federation ( bouchoueva@rambler.ru )

Journal: National Interests: Priorities and Security, #4, 2016

Importance As global practices show, public-private partnership effectively allows for raising additional funds to develop road and social infrastructure. This tool becomes even more important during recessions, when the State suffers from insufficient finance and increasing social needs, including the development of the road and social infrastructure.
Objectives The research represents a benchmarking analysis of using PPP in the Russian regions to enhance the use of this tool and subsequently implement public interest projects, illustrating the Komi Republic.
Methods We analyzed documents and some researches, and used statistical processing methods.
Results We evaluated the development level of public private partnership in the Komi Republic, including an analysis of the 2013–2015 PPP development ratings of the Russian regions as prepared by the Ministry of Economic Development of the Russian Federation and PPP Development Center. We emphasize the Komi Republic's experience in PPP projects and summarize practices of the Russian leading regions, which had record high indicators of developing the PPP mechanisms in line with the 2014–2015 PPP development ratings of the Russian regions.
Conclusions and Relevance Following the research, we formulated our own recommendations for applying the best PPP practices so to improve its use.


Benchmarking of using private-public partnership in the regions of the Russian Federation: Evidence from the Komi Republic

Eseva E.P. Syktyvkar State University named after Pitirim Sorokin, Syktyvkar, Komi Republic, Russian Federation ( esbka@bk.ru )

Bushueva L.I. Syktyvkar State University named after Pitirim Sorokin, Syktyvkar, Komi Republic, Russian Federation ( bouchoueva@rambler.ru )

Journal: Regional Economics: Theory and Practice, #6, 2019

Subject As global practices show, public-private partnership effectively allows for raising additional funds to develop road and social infrastructure. This tool becomes even more important during recessions, when the State suffers from insufficient finance and increasing social needs, including the development of the road and social infrastructure.
Objectives The research represents a benchmarking analysis of using PPP in the Russian regions to enhance the use of this tool and subsequently implement public interest projects, illustrating the Komi Republic.
Methods We analyzed documents and some researches, and used statistical processing methods.
Results We evaluated the development level of public private partnership in the Komi Republic, including an analysis of the 2013–2015 PPP development ratings of the Russian regions as prepared by the Ministry of Economic Development of the Russian Federation and PPP Development Center. We emphasize the Komi Republic's experience in PPP projects and summarize practices of the Russian leading regions, which had record high indicators of developing the PPP mechanisms in line with the 2014–2015 PPP development ratings of the Russian regions.
Conclusions and Relevance Following the research, we formulated our own recommendations for applying the best PPP practices so to improve its use.


Public-private partnership as a tool for development of social sphere of the region (the Republic of Komi case study)

Eseva E.P. Syktyvkar State University, Syktyvkar, Komi Republic, Russian Federation ( esbka@bk.ru )

Bushueva L.I. Syktyvkar State University, Syktyvkar, Komi Republic, Russian Federation ( bouchoueva@rambler.ru )

Journal: Regional Economics: Theory and Practice, #11, 2015

Importance The article considers the issues of social component development as one of the basic directions of government authorities' activity at all levels. We emphasize that the need for the social infrastructure development in the Russian regions considerably exceeds the capacity of their financing at the expense of regional budgetary funds. Therefore, cooperation with business entities through an active implementation of public-private partnership mechanism may become an effective tool for the development pace acceleration of social infrastructure with reasonable budgetary expenditures for these kind of activities.
     Objectives The article's goal is to study the application of public-private partnership aspects as an instrument for the region's social development.
     Methods Based on an analysis of the existing procedure for forming the List of public-private partnership projects in the Republic of Komi, which acts as planning instrument in this area, the paper makes evaluation of the current situation in this area using structural analysis methods, and also evaluation of documents and comparative analysis. The article defines constraints, which hamper obtaining of maximum useful results after introducing public-private partnership to the economic practices at the particular region-level, as well as, to reflect possible directions of the influence aimed at changing the situation.
     Results The paper identifies the main problems, which occur in the region and which include project structuring at the State-level organizations and low attractiveness of regional projects for the potential partners.
     Conclusions and Relevance We identify the main sectors of social sphere activity, which plan to use this mechanism in order to improve the accessibility of social benefits for the region's population. The obtained results can be used when developing the growth strategies of the regions' social services.


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