Does Public-Private Partnership Level Affect Investment Activity In Russian Regions?

Author(s):  
T.V. Kramin
Author(s):  
Hakan Yurdakul ◽  
Rifat Kamasak

The public-private partnership (PPP) model has been increasingly popular in recent decades as a mechanism to support infrastructure related investment activity. PPPs creates many advantages for countries such as releasing from financial burden of high cost infrastructure investments, bringing high quality of public service and increasing efficiency of operations through transfer of private sector expertise. However, these benefits are not guaranteed for every PPP project since successful implementations are subject to several factors. This chapter aims to review the different aspects of PPPs in detail and examine the factors which play crucial roles for successful PPP implementation.


Author(s):  
Vdovenko ◽  
Korobova ◽  
Pavlenko

Subject of research – relations in the process of improving the mechanism of regulation of road development in Ukraine and putting into practice proposals to ensure innovative approaches and modernization of the road system on the basis of public-private partnership are formed. The purpose of the article. The scien- tific and methodological and practical proposals with the purpose of applying the mechanism of regulation of the road economy development as a promising of the national economy have been developed. The methodology of the work. The theoretical and methodological basis of the research is the system of both general scientific and special methods of scientific cognition, fundamental provisions of modern economic theory and practice. In scientific research such methods as mono- graphic in formulating approaches that the development of the road economy de- pends not only on the level of economic development, but also on the influence of regulatory mechanisms that are applied, economic and statistical – in determining and calculating the concession payment for the right to management are used. The results of the work – the scientific results of the improved basis of development of the national economy through the creation of an effective mechanism for the implementation of new rules and tasks in the system of regulation in the field of road economy are proposed for application. Conclusions. We propose modern mea- sures and tools for shaping the innovative environment, and we propose to intro- duce such rules that would meet the interests of the authorities, increase the level of protection of interests of private investors and the state in the implemen- tation of public-private partnership projects. The advantages in developing mech- anisms for guaranteeing public-private partnership project financing by the state partner during the whole project implementation period are substantiated; mecha- nism of fair compensation in case of early termination of the public-private part- nership contract at the initiative of the state partner in order to compensate for the reasonable losses of the private partner. The scientific-methodological and practical proposals for the purpose of application of the mechanism of regulation of the road development are revealed. It is proved that due to the impact of mod- ernization transformations, the public-private partnership can play a dual role as an institutional innovation and has every reason to combine both the modernization of investment activity and the modernization of the regulatory mechanism for the purpose of evolutionary transformations in the leading spheres of the national economy.


Author(s):  
Maksum Mykolayovych Zabashtanskyi ◽  
◽  
Andrii Vitaliyovych Rogovyi ◽  

Abstract.The article considers modern aspects of financial support of investment activities on the basis of public-private partnership. The expediency of using one of the key forms of public-private partnership -concessions in the process of financial support of investment activities of state and communal economic entities is substantiated. The existence of a significant impact of the mechanism of transformation of the movement of financial resources as a result of concession relations, the practical implementationof which allows to obtain a significant economic effect for the national economy and the state budget. Financial support of their investment and innovation development. The extremely important role of the state in the process of financialsupport of investment activities on the basis of public-private partnership is emphasized. Taking into account the existing approaches of scientists and practitioners to the interpretation of the essence of the categories "state regulation", "state regulation of innovation development" the author's interpretation of the definition "state regulation of innovative development of concession activity" is proposed as a component of concession management system. Increasing financial and economic security.The necessity to singleout among the main tasks of the mechanism of state regulation of financial support of investment and innovation development of concession activity such tasks as: development of financial and economic relations of concession subjects is substantiated; providing practical orientation of research works; innovative renewal of production facilities of concession facilities.The existence of a systemic impact of financial support of investment activities on the basis of public-private partnership on the trajectory of future socio-economic development of the country is proved.


2018 ◽  
Vol 931 ◽  
pp. 1107-1112 ◽  
Author(s):  
Ramil R. Mavlioutov ◽  
Elena V. Egorova ◽  
Olga Yu. Pakhomova

In Russia, there is a decrease in investment activity from the citizens in the primary real estate market, where until recently the main engine was equity construction. The last one, objectively, has lost the ability to satisfy the interests of participants in the investment process. In 2017 the legislator made an attempt to adjust the economic and legal field of housing construction. The article considers the issue of viability of equity construction in new economic conditions. Alternative solutions are considered and the author's vision of the mechanism of financing housing construction on the basis of public-private partnership which provides the supply in the primary market of affordable housing is presented.


VUZF Review ◽  
2021 ◽  
Vol 6 (1) ◽  
pp. 87-97
Author(s):  
Natalia Trusova ◽  
Oksana Hryvkivska

The article considers the directions of the development of integrated business structures based on innovation and investment in the agro-industrial complex of Ukraine. The paradigm of the development and functioning of integrated business structures of the agro-industrial complex of Ukraine, which intensify the innovative-investment process and network interaction of public-private partnership in a competitive environment, has been implemented. It is proved that the impact of public-private partnership on innovative-investment development and the creation of real value of business structures of the agro-industrial complex should be considered for different periods associated with the appropriate levels of evaluation of their effective cost-oriented platform. The efficiency of the functionality of business structures of the agro-industrial complex, which is characterized from the standpoint of time, level and integrated approaches, is determined. The temporal approach provides the allo-cation of three periods – short-term, medium-term and long-term, for each of which specific criteria for assessing the effectiveness of functionality is determined. A block diagram of qualitative criteria for evaluating the effectiveness of business structures in the introduction of innovations and investments in agriculture from the standpoint of the interests of a group of stakeholders in public-private partnership on a time basis is presented. The comparative characteristics of innovative-investment activity of business structures in high- and low-tech branches of the agro-industrial complex are determined. A model of integrated interaction of network interaction between business structures of the agro-industrial complex, institutes of agricultural development and stakeholders in public-private partnership has been developed. The institutional model of subsystems of the functional mechanism of harmonization of interests of business structures of agro-industrial complex and the state is offered. It is proved that the harmonious state regulation of investment activities of large agricultural producers (agricultural holdings) should be based on administrative, legal, organizational and economic methods and ensure compliance with norms and rules in the investment sphere at the level of relevant structural and functional institutions.


KANT ◽  
2020 ◽  
Vol 35 (2) ◽  
pp. 30-35
Author(s):  
Marina Imanova ◽  
Elena Korolyuk

The article is devoted to the study of the state of the market for long-term investments in infrastructure in Russia. The paper describes the factors that affect investment activity, and reveals the role of the NAC IN infrastructure development. The author pays special attention to the creation of the INVESTINFRA database db.investinfra.ru, which is an information and analytical project on real investments, contributes to the creation and development of infrastructure in Russia on the basis of public-private partnership in the form of concessions. The article presents current analytical products developed by NAKDI aimed at reducing the risk level of concessionaires.


2019 ◽  
pp. 106-111
Author(s):  
F. Ibyatov

Building a modern, sustainable and reliable infrastructure is crucial to meet the growing needs of people in Russian regions. Investment in infrastructure increases economic growth temps, opens up new economic opportunities and facilitates investment in human capital. Сurrently, the population of the Russian regions is experiencing infrastructure deficit, as evidenced by congested roads, poorly maintained recreational areas, deteriorating social infrastructure assets: schools, hospitals, that are either missing or in urgent need of repair. In this regard, the state bears huge costs in parallel with the reduction of productivity and competitiveness of the regions and observing a lower standard of living. The regional authorities are not able to finance the needs of regional infrastructure, some regions have infrastructure created many years ago, that needs modernization, it is necessary to find funding for «greenfield projects – infrastructure projects implemented in undeveloped «green» areas». The decision of the regional authorities on the implementation of public-private partnership should be based on determining the benefits, which this approach will bring to the public: lower costs, high level of service or reduced risk. The conclusion, that the provision of regions with infrastructure facilities is due to the satisfaction of social needs of citizens, economic well-being and a decent standard of living of the population, – has been substantiated.


Author(s):  
Юлия Глушко ◽  
Yuliya Glushko

The main problems in the sphere of housing and communal services of the Republic of Crimea in the article considered. Particular attention is paid to concession agreements, as an effective form of public-private partnership. The ways of development of investment activity in the form of concessions are proposed to create such legal and economic conditions under which the business will have the opportunity to cooperate with the state on mutually beneficial terms.


2018 ◽  
Vol 212 ◽  
pp. 07006
Author(s):  
Aleksei Bogoviz ◽  
Ivan Sandu ◽  
Natalia Ryzhenkova

Relevance of the research: The article justifies the expediency of clarifying the scientific basis of innovative development of the agricultural sector in modern conditions. The purpose of this paper is to formulate proposals for using the principles of venture investment as the main tool for successful innovation development. Research methods: the major approach to the study of this problem is the use of the main provisions of the theory of development of innovation processes in the agro-industrial complex. Results of the research: the article clarifies the conceptual apparatus of “public-private partnership”. In particular, the role and importance of the Russian Venture Company created for the formation of venture investment institutions in Russia is examined. In this connection, an algorithm for creating a model venture fund in the Moscow region is proposed, and the objectives and tasks of its activities, the functioning mechanism, including the financial block in terms of the distribution of investment along the stages of the innovation process are defined. Importance of the research: innovative development is currently the main driver of economic growth, which contributes to the emergence of new industries, increasing investment activity of economic entities and the growth of incomes and consumption. In turn, economic growth expands, firstly, the opportunities for the emergence of new products and technologies, secondly, increases investment in the development of human capital (primarily in education and basic science), and thirdly, supports innovations, which will have a multiplier effect on the pace of innovative development of the agricultural sector of the national economy.


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