Institutional framework of public-private partnership development in Russia

The authors proceed from the thesis that the interaction between business and government is essential for the development of each state. This paper investigates the institutional framework of public-private partnership (PPP) in the Russian Federation. Based on the assessment of regulations functioni...

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Main Authors: Elena Nikolaevna Sidorova, Denis Aleksandrovich Tatarkin
Format: Article
Language:English
Published: Russian Academy of Sciences, Institute of Economics of the Ural Branch 2011-09-01
Series:Экономика региона
Subjects:
Online Access:http://www.economyofregion.com/archive/2011/37/1290/pdf/
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author Elena Nikolaevna Sidorova
Denis Aleksandrovich Tatarkin
author_facet Elena Nikolaevna Sidorova
Denis Aleksandrovich Tatarkin
author_sort Elena Nikolaevna Sidorova
collection DOAJ
description The authors proceed from the thesis that the interaction between business and government is essential for the development of each state. This paper investigates the institutional framework of public-private partnership (PPP) in the Russian Federation. Based on the assessment of regulations functioning in Russia, it is concluded that, despite a number of legislative acts designed to regulate the scope of partnerships between the public and the private sector, due to the limited range of the issues and the lack of essential problems range studied, the question of legislative support to the PPP is not resolved. The role of public institutions in the development of interaction between government and business is shown. Based on the analysis of a large factual material, the institutions of PPP development are evaluated: the Investment Fund of the Russian Federation, state corporations, venture innovation funds and special economic zones. This paper states that for each country and region it is essential to identify the priority sectors of public-private partnership.
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spelling doaj.art-c5050a0ec79a4f75b4d5fb93dd6c96e82023-09-02T09:50:08ZengRussian Academy of Sciences, Institute of Economics of the Ural BranchЭкономика региона2072-64142411-14062011-09-012011315516610.17059/2011-3-17Institutional framework of public-private partnership development in RussiaElena Nikolaevna Sidorova0Denis Aleksandrovich Tatarkin1Institute of Economics, Ural Branch of RASInstitute of Economics, Ural Branch of RASThe authors proceed from the thesis that the interaction between business and government is essential for the development of each state. This paper investigates the institutional framework of public-private partnership (PPP) in the Russian Federation. Based on the assessment of regulations functioning in Russia, it is concluded that, despite a number of legislative acts designed to regulate the scope of partnerships between the public and the private sector, due to the limited range of the issues and the lack of essential problems range studied, the question of legislative support to the PPP is not resolved. The role of public institutions in the development of interaction between government and business is shown. Based on the analysis of a large factual material, the institutions of PPP development are evaluated: the Investment Fund of the Russian Federation, state corporations, venture innovation funds and special economic zones. This paper states that for each country and region it is essential to identify the priority sectors of public-private partnership.http://www.economyofregion.com/archive/2011/37/1290/pdf/public-private partnershiplegal frameworkinstitutional frameworkInvestment Fund of the Russian Federationpublic corporationsinnovative venture capital fundsspecial economic zones
spellingShingle Elena Nikolaevna Sidorova
Denis Aleksandrovich Tatarkin
Institutional framework of public-private partnership development in Russia
Экономика региона
public-private partnership
legal framework
institutional framework
Investment Fund of the Russian Federation
public corporations
innovative venture capital funds
special economic zones
title Institutional framework of public-private partnership development in Russia
title_full Institutional framework of public-private partnership development in Russia
title_fullStr Institutional framework of public-private partnership development in Russia
title_full_unstemmed Institutional framework of public-private partnership development in Russia
title_short Institutional framework of public-private partnership development in Russia
title_sort institutional framework of public private partnership development in russia
topic public-private partnership
legal framework
institutional framework
Investment Fund of the Russian Federation
public corporations
innovative venture capital funds
special economic zones
url http://www.economyofregion.com/archive/2011/37/1290/pdf/
work_keys_str_mv AT elenanikolaevnasidorova institutionalframeworkofpublicprivatepartnershipdevelopmentinrussia
AT denisaleksandrovichtatarkin institutionalframeworkofpublicprivatepartnershipdevelopmentinrussia