Relational potential of Public-Private Partnership objects of railway transport

2020 ◽  
pp. 3-16 ◽  
Author(s):  
Nina Fridrikhovna Sirina ◽  
◽  
Vitaliy Pavlovich Pershin ◽  
Keyword(s):  
Swot Analysis ◽  
Legal Regulation ◽  
Public Private Partnership ◽  
Railway Transport ◽  
Railway Network ◽  
Private Partnership ◽  
Foreign Countries ◽  
Railway Infrastructure ◽  
Investment Object ◽  
Methodological Aspects

The paper reveals the etymology of the Public-Private Partnership (PPP) and features of legal regulation in Russia. The authors have carried out an analysis of the main modern models of legislative management in this sphere of legal relations in foreign countries. Moreover, they consider the main projects of construction and reconstruction of the JSC RZD railway infrastructure implemented or planned for implementation on the principles of PPP. The SWOT analysis identified not only the risks of using existing forms of PPP in Russia but also the high potential of using such projects on the railway network contributing to the rapid renewal and development of public infrastructure to meet the needs of customers and the population with budget savings. However, at the present stage, methodological aspects of the legislative calculation and assessment of project efficiency, complexity of regulatory and legal interaction of parties and a process of investment return hinder the rapid implementation of PPP system on the railway transport in the Russian Federation. The authors propose a modification of direction for strategic planning of operation of investment objects through relational interaction of parties to the agreement by creating a state system of instances of PPP. For this purpose, they introduce a concept of «relation potential of Public-Private Partnership instances» that characterizes a complex availability of reserves from parties to ensure the long-term functioning of the chosen strategy. The paper provides a method of integral performance assessment of PPP project that allows analysing the efficiency of using allocated resources and assessing the potential of investment object exploitation.

scholarly journals PUBLIC-PRIVATE PARTNERSHIP AS A MECHANISM FOR FINANCING INFRASTRUCTURE MODERNIZATION

2019 ◽  
Vol 5 (1) ◽  
pp. 112 ◽  
Author(s):  
Olha Kravchenko
Keyword(s):  
Swot Analysis ◽  
Financial Burden ◽  
Public Private Partnership ◽  
Innovative Development ◽  
Railway Transport ◽  
Private Business ◽  
Railway Network ◽  
Private Partnership ◽  
The Public ◽  
Financing Infrastructure

The article is devoted to the study of the possibilities of attracting private business for financing stateowned infrastructural facilities. The purpose of the paper is to study the practice of attracting private business for the modernization of infrastructure, including railway and the development of an approach to the formation of a variety of infrastructural objects transferred to the public-private partnership, based on an assessment of the possible reduction of their potential. Methodology. The study is based on an empirical analysis of data on the practice of financing infrastructure modernization, as well as a SWOT analysis of the prospects for the development of European railways. Results of the research showed that the public-private partnership has significant advantages over the budgetary one due to not only reducing the financial burden on the state budget but also increasing the efficiency of using state-owned facilities. In the field of railway transport, the volume of public-private partnership and the number of projects being implemented is insignificant due to significant state interference in its activities. SWOT analysis showed that railways have significant development potential, and its further increase will be achieved not through expansion of the network, but its modernization and innovative development. The dangers of the development of railways are associated with possible ineffective state policy in the field of railway transport. However, the complete transfer of the rail infrastructure to private business is not expedient since it is of strategic importance. The determination of the list of facilities for transfer to public-private partnership should be based on an analysis of the degree of their interest in private business, the need for their modernization and the possibilities for its financing. These objects are sections of the railway network included in transport corridors, as well as providing access to seaports. At the same time, the criterion of the first priority of the transfer of objects for the public-private partnership should be based on an assessment of the change in their production and economic potential when postponing modernization. Value/originality. The implementation of the proposed approach to the selection of infrastructure facilities for public-private partnership will allow not only carrying out technical and technological renovation of the railway infrastructure, preserving the integrity of the strategic transport network, but also minimizing possible economic and social losses due to underfunding of its innovative development.

scholarly journals Public private partnership in the development of transport infrastructure

2021 ◽  
pp. 46-62
Author(s):  
А.М. Дроздова ◽  
Е.А. Терещенко ◽  
В.С. Комаров ◽  
И.А. Губанов
Keyword(s):  
Public Relations ◽  
Russian Federation ◽  
Legal Regulation ◽  
Public Private Partnership ◽  
Transport Infrastructure ◽  
Transport Sector ◽  
Private Partnership ◽  
Current State ◽  
Foreign Countries ◽  
The Russian Federation

Статья посвящена основным проблемам, связанным с формированием государственной политики по реализации механизма государственночастного партнерства в транспортной сфере. Анализу подвергается понимание государственно-частного партнерства в указанной сфере, рассматривается современное состояние общественных отношений, особенности нормативно-правового регулирования государственно-частного партнерства в связи с реализацией Транспортной стратегии Российской Федерации. Рассматриваются особенности регулирования отношений государственно-частного партнерства в иностранных государствах. The article is devoted to the main problems associated with the formation of state policy for the implementation of the mechanism of public-private partnership in the transport sector. The analysis examines the understanding of public-private partnership in this area, examines the current state of public relations, es- pecially the regulatory legal regulation of public-private partnership in connection with the implementation of the Transport Strategy of the Russian Federation. The features of the regulation of public-private partnership relations in foreign countries are considered.

scholarly journals Public-private partnerships in the healthcare sphere: legal models in Ukraine and foreign countries

2021 ◽  
Vol 10 (37) ◽  
pp. 168-179
Author(s):  
Oleksandr Shevchuk ◽  
Valentyna Zui ◽  
Igor Kompaniiets ◽  
Volodymyr Martynovskyi ◽  
Yurii Matat
Keyword(s):  
Comparative Method ◽  
Health Sector ◽  
Legal Regulation ◽  
Legal Aspects ◽  
Healthcare Management ◽  
Public Private Partnership ◽  
Public Private Partnerships ◽  
Healthcare Sector ◽  
Private Partnership ◽  
Foreign Countries

The article discusses certain aspects of the legal regulation of public-private partnerships in the health sector in Ukraine and foreign countries. The subject of the study is the legislative acts of public-private partnerships in healthcare field, its types and directions for their implementation. The varieties of public-private partnership forms in healthcare field in foreign countries and Ukraine are clarified. Process of reforming the healthcare sector, introduction of standards and criteria of best practices of European countries on the issues of partnership under study in national legislation is appropriate and promising. The aim of the article is to disclose the features of legal regulation of public-private partnerships implementation in the healthcare field in foreign countries and Ukraine. The methodology of this work is based on a set of research methods. The comparative method was used to clarify the legal aspects of public-private partnerships in the healthcare field and the possibility of its use in Ukraine, to analyze indicators that determine the success of partnership projects in foreing countries. Using the method of theoretical analysis, systemic and analytical methods, the term of “public-private partnership in the healthcare field” was established, types of contracts, signs of public-private partnership, categories of such partnership models in world practice are given. Experience of the EU countries on public-private partnerships in healthcare field, the introduction of changes in healthcare management system in accordance with requirements of European law is positive for Ukraine.

scholarly journals Relational model of public-private partnership in railway transport

2020 ◽  
Vol 79 (5) ◽  
pp. 261-270
Author(s):  
N. F. Sirina ◽  
V. P. Pershin
Keyword(s):  
Public Private Partnership ◽  
The State ◽  
Transport Infrastructure ◽  
Automated System ◽  
Relational Model ◽  
Main Task ◽  
Railway Transport ◽  
Railway Network ◽  
Private Partnership ◽  
Software Complex

The main task facing the state is the solution of publicly significant issues to achieve public interests. Moreover, not every country has the necessary resources, especially in an unstable economic situation. In this case, increasing the efficiency of natural monopolies in the conjuncture of the transport market becomes the most relevant direction in government activities.The article is devoted to the issues of public-private partnership in railway transport. First of all, projects with private capital that are being implemented should eliminate the limiting sections of the Russian railway network and ensure the development of large industrial regions by creating an extensive transport network, the formation of which is impossible without the participation of the state.To increase the attractiveness of public-private partnership projects, the authors, taking into account the foundations of human capital management, have considered aspects of the additional effect for partners, which are defined by the concept of “relational effect”. Positive dynamics of socially oriented indicators, unaccounted in the agreement of the parties, reflect the presence of benefits from joint activities and positive relational effect, while negative change — about its absence.Based on the studies performed, a mechanism for controlling operating costs based on an integral assessment has been proposed, which makes it possible to analyze the actual direct costs of partners and compare deviations from the established standards. This mechanism is used in the state vertically integrated procedure for centralized training of authorities in public-private partnership. The general algorithm of the relational model of interaction between investment parties is formalized, illustrated by the example of the implementation of a project for the construction of a railway transport infrastructure.Mathematical support for the process of considering information on the project and making a decision on concluding an agreement on public-private partnership was carried out in the program “Automated system for consolidation, selection and control of the implementation of innovative projects of concession forms of management in railway transport”. The results obtained are integrated into the software complex for innovative development of facilities and are tuned for transformation, effective use of the potential of partners, investors, performers and industry enterprises.

scholarly journals Meso-level investment management in transport projects with the application of the public-private partnership mechanism

2020 ◽  
Vol 208 ◽  
pp. 06019
Author(s):  
Pravkin A. Sergei ◽  
Vera V. Smirnova ◽  
Rosalina V. Shagieva ◽  
Igor V. Arkhipov ◽  
Diana V. Erofeeva
Keyword(s):  
World Market ◽  
Legal Regulation ◽  
Public Private Partnership ◽  
Private Partnership ◽  
Meso Level ◽  
Rail Freight ◽  
Railway Infrastructure ◽  
Spatially Extended ◽  
Level Institution ◽  
Partnership Models

The rail freight market will develop more successfully, considering the specifics of the application of transport and investment legislation. Railway infrastructure investment can rely on selected meso-level public-private partnership models. The authors propose to use the advantages of public-private partnership, its application, considering the regional specifics on the example of the rail freight transportation market as a meso-level institution. The proposed models of legal regulation of investments in transport projects can give a systemic economic and legal effect concerning spatially extended markets. Based on the well-established guidelines for the development of models of public-private partnerships in transport projects and the unification of legislation in the world market, the author proposes ways to improve Russian legislation concerning the development of the market for the transportation of goods by rail, based on the meso-economic approach.

DEVELOPMENT OF INNOVATIVE FORMS OF FINANCING IN THE DIGITAL ECONOMY

2021 ◽  
Vol 1 (5) ◽  
pp. 83-92
Author(s):  
O. A. DUBROVSKAYA ◽  
◽  
M. V. MEL’NIK ◽  
Keyword(s):  
Swot Analysis ◽  
Legal Regulation ◽  
Digital Economy ◽  
Main Method ◽  
Foreign Countries ◽  
Business Financing ◽  
Theoretical Foundations

The study presents the theoretical foundations of crowdfunding, describes its models and classifications. SWOT analysis is used as the main method. Weaknesses and strengths, opportunities and threats of alternative financing are considered. The correspondence of different models of crowdfunding to the peculiarities of the activities of enterprises is shown. Of particular interest is the organization of crowdfunding in foreign countries, where this phenomenon is not considered new and is a healthy competitor to traditional sources of business financing. The advantage of the legal regulation of crowdfunding is considering the peculiarities of many its varieties and models.

Lex PPPs as a source of regulation of cross-border relations in the sphere of public-private partnership and the role of international organizations in formation of Lex PPPs

2021 ◽  
pp. 1-10
Author(s):  
Svetlana Valentinovna Maslova
Keyword(s):  
International Organizations ◽  
Private Investment ◽  
Legal Regulation ◽  
Public Private Partnership ◽  
Legal Doctrine ◽  
Private Partnership ◽  
Cross Border ◽  
State Actors ◽  
The Impact

Modern international and cross-border relations in the sphere of public-private partnership (PPP) undergo transformations caused by globalization processes, which leads to the amendments in their legal regulation. The impact of non-state actors increases. Although the toolset for influencing cross-border relations in the sphere of PPP retains its legal core, it is being extended by the rules established by non-state actors outside the international and national legal systems, and carry no legal weight. For PPP as a form of interaction between the state and private investment and business structures, such transformations are particularly noticeable and require precise legal qualification. The scientific novelty of this research consists in providing definition in the international legal doctrine to Lex PPPs as the regulator of cross-border relations in the sphere of public-private partnership. Based on the dialectical, logical, and formal-legal methods, assessment is given to the role of international organizations in the formation of Lex PPPs. In conclusion, the author clarifies the role of Lex PPPs within the system of regulators of public-private partnership, namely that it should not expel the legal regulation of cross-border relations in the sphere of public-private partnership; as well as offers to seek for the new forms of correlation between international law and Lex PPPs and their consolidation through the international legal regulation of public-private partnership.

Logistikzentrum in Grodno, Belarus – ein Projekt und seine ökonomische Bewertung

2011 ◽  
Vol 52 (2) ◽  
pp. 17-22
Author(s):  
Barbara Mikus ◽  
Sergej Liashuk
Keyword(s):  
Economic Evaluation ◽  
Swot Analysis ◽  
Current Situation ◽  
Public Private Partnership ◽  
Location Factors ◽  
Private Partnership ◽  
Highly Efficient ◽  
Support Programme

Für Belarus wird das Logistiksystem ein Schlüsselelement bei der Erschließung des Transitpotentials des Landes. Logistikkosten, Effizienz der vorhandenen Logistikkonzepte und Logistikrisiko bestimmen die Investitionsattraktivität des Landes in hohem Maße. Daher verfolgt das Nationale Programm zur Entwicklung des Logistiksystems das Ziel des Aufbaus hocheffizienter Logistikzentren – um dies zu erreichen, wird auch eine veränderte räumliche Strukturierung der Logistik angestrebt, bei der die Grenzregionen des Landes zu attraktiven Logistikstandorten entwickelt und damit Anziehungspunkte für ausländische Unternehmen geschaffen und Impulse für den wirtschaftlichen Fortschritt in der Region gegeben werden. Im Rahmen dieser Bemühungen ist ein (Public Private Partnership-) Projekt zur Errichtung eines Logistikzentrums in der Region Grodno initiiert worden. Im Beitrag werden zunächst die dem Projekt zugrunde liegenden Aspekte – die Relevanz und Ausgangslage des belarussischen Logistiksystems, das nationale Förderprogramm und der Logistikstandort Grodno – charakterisiert, um dann das Projekt selbst und dessen wirtschaftliche Beurteilung mittels SWOTAnalyse und dynamischer Investitionsrechnung zu beschreiben. In Belarus a key element for the growth of transit trade will be the potentials of logistics. The attractiveness for investments in this country depends largely on costs, efficiency and risks of the logistical activities. Therefore the local politic aims at developing highly efficient logistic centers. In this article a (public private partnership-) project to build a logistic center in Grodno is described. For this purpose, the prevailing circumstances are characterized such as the relevance and current situation of the logistic system in Belarus, the national support programme and the location factors of Grodno. Another main focus lies on the project itself and its economic evaluation by means of a SWOT analysis as well as dynamical investment methods. Keywords: aufbau eines logistikzentrums in weißrussland

scholarly journals Decision-Making Process in the Case of Insufficient Rail Capacity

2020 ◽  
Vol 12 (12) ◽  
pp. 5023
Author(s):  
Anna Dolinayova ◽  
Vladislav Zitricky ◽  
Lenka Cerna
Keyword(s):  
Decision Making ◽  
Network Capacity ◽  
Cost Calculation ◽  
Detailed Calculation ◽  
Railway Transport ◽  
Negative Effects ◽  
Railway Network ◽  
Railway Infrastructure ◽  
Rail Infrastructure ◽  
The Impact

One of the main priorities of transport policy in the EU is to take measures to support railway transport as an environmentally friendly transport mode. An interesting challenge for a railway transport operation is represented with cost items for its operation. This problem is exacerbated if transport flows are routed through a congested railway infrastructure. If some or all transport takes place on congested rail infrastructure, the carrier’s costs increase, which may ultimately lead to withdrawal from the market. The article deals with the impact of insufficient capacity on the rail carrier’s costs. We used a pre-cost calculation methodology to calculate the rail carrier’s additional costs due to the insufficient railway network capacity based on detailed calculation of train costs and proposed a methodology for carrier decision-making in case of insufficient rail infrastructure capacity. The case study showed that the use of a diversion track in case of insufficient planned rail line capacity may not be advantageous for carriers, even with a longer waiting time for capacity to be released. One of the ways to eliminate the negative effects of congested railway infrastructure is investment in the increase of its capacity.

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