Management of the regional economy on the basis of partnership interaction between the authorities and business structures

The article studies the theoretical and practical aspects of the management of the region’s economy on the basis of interaction between the authorities and business structures. The authors prove that partnership is an optimal form of such interaction under the conditions of chronic budget deficit. P...

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Main Authors: Tamara Vital’evna Uskova, Sergei Aleksandrovich Kozhevnikov
Format: Article
Language:English
Published: Russian Academy of Sciences, Vologda Research Center 2015-01-01
Series:Economic and Social Changes: Facts, Trends, Forecast
Subjects:
Online Access:http://esc.vscc.ac.ru/article/601/full?_lang=en
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author Tamara Vital’evna Uskova
Sergei Aleksandrovich Kozhevnikov
author_facet Tamara Vital’evna Uskova
Sergei Aleksandrovich Kozhevnikov
author_sort Tamara Vital’evna Uskova
collection DOAJ
description The article studies the theoretical and practical aspects of the management of the region’s economy on the basis of interaction between the authorities and business structures. The authors prove that partnership is an optimal form of such interaction under the conditions of chronic budget deficit. Partnership facilitates the achievement of strategic goals of the territory’s development and structural adjustment of domestic economy; it also enhances the interest of the parties in achieving successful results of cooperation, and helps attract innovation technology and significant extra-budgetary investments in the economy. In addition, as world experience shows, public-private partnership is an effective tool to remove infrastructure constraints to economic growth, to improve the availability and quality of public services. The article shows that at present the development of partnership between the government and business is hindered by a number of organizational, legal and financial-economic problems and barriers. The authors identify priority directions for regional public policy and propose several measures to use the available potential of cooperation for dealing with territorial development issues
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spelling doaj.art-d96e7666b53940279c26367fdd38dcca2022-12-22T00:36:38ZengRussian Academy of Sciences, Vologda Research CenterEconomic and Social Changes: Facts, Trends, Forecast2307-03312312-98242015-01-01636344610.15838/esc/2014.6.36.3Management of the regional economy on the basis of partnership interaction between the authorities and business structuresTamara Vital’evna Uskova0Sergei Aleksandrovich Kozhevnikov1Institute of Socio-Economic Development of Territories of RASInstitute of Socio-Economic Development of Territories of RASThe article studies the theoretical and practical aspects of the management of the region’s economy on the basis of interaction between the authorities and business structures. The authors prove that partnership is an optimal form of such interaction under the conditions of chronic budget deficit. Partnership facilitates the achievement of strategic goals of the territory’s development and structural adjustment of domestic economy; it also enhances the interest of the parties in achieving successful results of cooperation, and helps attract innovation technology and significant extra-budgetary investments in the economy. In addition, as world experience shows, public-private partnership is an effective tool to remove infrastructure constraints to economic growth, to improve the availability and quality of public services. The article shows that at present the development of partnership between the government and business is hindered by a number of organizational, legal and financial-economic problems and barriers. The authors identify priority directions for regional public policy and propose several measures to use the available potential of cooperation for dealing with territorial development issueshttp://esc.vscc.ac.ru/article/601/full?_lang=enregional economypartnership cooperation between the authorities and business structurespublic-private partnership (PPP)investmentsinfrastructure
spellingShingle Tamara Vital’evna Uskova
Sergei Aleksandrovich Kozhevnikov
Management of the regional economy on the basis of partnership interaction between the authorities and business structures
Economic and Social Changes: Facts, Trends, Forecast
regional economy
partnership cooperation between the authorities and business structures
public-private partnership (PPP)
investments
infrastructure
title Management of the regional economy on the basis of partnership interaction between the authorities and business structures
title_full Management of the regional economy on the basis of partnership interaction between the authorities and business structures
title_fullStr Management of the regional economy on the basis of partnership interaction between the authorities and business structures
title_full_unstemmed Management of the regional economy on the basis of partnership interaction between the authorities and business structures
title_short Management of the regional economy on the basis of partnership interaction between the authorities and business structures
title_sort management of the regional economy on the basis of partnership interaction between the authorities and business structures
topic regional economy
partnership cooperation between the authorities and business structures
public-private partnership (PPP)
investments
infrastructure
url http://esc.vscc.ac.ru/article/601/full?_lang=en
work_keys_str_mv AT tamaravitalevnauskova managementoftheregionaleconomyonthebasisofpartnershipinteractionbetweentheauthoritiesandbusinessstructures
AT sergeialeksandrovichkozhevnikov managementoftheregionaleconomyonthebasisofpartnershipinteractionbetweentheauthoritiesandbusinessstructures