scholarly journals Analysis of the economic effect of the implementation of public-private partnership projects in the Republic of Kazakhstan

2021 ◽  
Vol 14 (1) ◽  
pp. 125-132
Author(s):  
A. A. Nuraliyev ◽  
E. I. Kulikova
Keyword(s):  
Economic Effect ◽  
Public Private Partnership ◽  
Effective Mechanism ◽  
Private Partnership ◽  
Investment Projects ◽  
The Republic

This article examines public–private partnership as an effective mechanism in the investment market. It also analyzes the advantages of PPP in comparison with budget-investment projects. The author provides the main problems of PPP projects implementation and suggests ways to solve them.

scholarly journals DEVELOPMENT OF STATE-PRIVATE PARTNERSHIP IN THE UDMURT REPUBLIC

2021 ◽  
Vol 31 (5) ◽  
pp. 783-790
Author(s):  
S.V. x S.V. Radygina
Keyword(s):  
Economic Effect ◽  
Public Private Partnership ◽  
Social Infrastructure ◽  
Private Partnership ◽  
Distinctive Features ◽  
Investment Projects ◽  
The Social ◽  
Development Institutions ◽  
Udmurt Republic ◽  
Private And Public

The article discloses the essence of the public-private partnership mechanism, various approaches to its definition, both at the level of legislative acts of the Russian Federation and international organizations (UN). Different forms of PPP projects, their peculiarities and distinctive features are described in accordance with federal laws on public-private partnership and concession agreements. Instruments are being considered to support investors implementing investment projects of social infrastructure on the basis of PPPs, from federal and regional development institutions, as well as state authorities. An analysis of the level of PPP development in the Udmurt Republic is carried out, concrete examples of successful cooperation between private and public parties on the organization of financing and implementation of the project on the basis of public-private or municipal-private partnership are given. The use of this mechanism allows to obtain a significant economic effect due to the fact that there is a personal interest of a private person in obtaining income from a built or modernized facility. In addition, the social component plays an important role, PPP allows you to direct funds to those industries that are initially considered not promising enough to conduct business, but are often of key importance for the development of the region and ensuring a comfortable urban environment for the population.

scholarly journals Analysis of the Current State and Prospects of Implementation of the Public-Private Partnership Mechanism in the Oil and Gas Industry of the Russian Federation and the Republic of Azerbaijan

2020 ◽  
pp. 145-149
Author(s):  
D. N. Semkova ◽  
E. N. Babayev
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Public Private Partnership ◽  
The State ◽  
Private Partnership ◽  
Investment Projects ◽  
The Public ◽  
Role Of The State ◽  
The Republic ◽  
Oil And Gas Sector

The relevance of research on the implementation of the public-private partnership mechanism is determined by the important role of the state in investment projects of oil and gas enterprises. The article discusses the global practice and the experience of applying the mechanism of public-private partnership in the oil and gas sector of the Russian economy, identifies elements of the synergistic effect of public-private partnership, describes models of public-private partnership, presents successful examples of public-private partnership in the oil and gas sector of Russia. The key problem of the implementation of the mechanism of public-private partnership in Russia is identified, which consists in the insufficient development of medium-term and long-term financing and it is proposed to increase the level of attracted foreign capital through project financing. An assessment of the application of the mechanism of public-private partnership in the countries of the Eastern Partnership is carried out and the experience of the oil and gas sector of Azerbaijan is considered. The creation of a Public-Private Partnership Development Center in Azerbaijan is proposed to support public-private partnership policies, as well as support projects and programs of partnership between the state and business.

FORMS OF PUBLIC-PRIVATE PARTNERSHIP IN THE SYSTEM OF GUARANTEE OF NATURAL TECHNOLOGICAL AND ENVIRONMENTAL SAFETY

2019 ◽  
pp. 34-40 ◽  
Author(s):  
Anatolii Stepanenko ◽  
Alla Omelchenko
Keyword(s):  
Economic Development ◽  
Environmental Safety ◽  
Public Private Partnership ◽  
Financial Resources ◽  
Private Partnership ◽  
Investment Projects ◽  
Ecological Infrastructure

The essence and significance of public-private partnership (PPP) are disclosed, its forms and role as the key tool for solving important problems of balanced economic development are highlighted due to the involvement in the implementation of strategies of private operators. Defined forms of cooperation aimed at organizing interaction under the «business-government-community» scheme, the classification of PPP types is described, its forms and significance are analyzed in the system of providing of natural and technological and environmental safety on the basis of preventive safety. The promotion of the partnership mechanism in preserving and developing the ecological infrastructure is disclosed. The use of PPP as a mechanism for attracting investment projects to financial resources, redistributing risks and strengthening the responsibility of PPP parties for the implementation of investment projects is shown.

scholarly journals VALUE FOR MONEY IN PUBLIC-PRIVATE PARTNERSHIP PROJECTS IN THE FIELD OF STREET LIGHTING IN THE REPUBLIC OF SERBIA

2020 ◽  
Vol 20 (2) ◽  
Author(s):  
Dejan Milenković ◽  
Vladimir Đurić
Keyword(s):  
Public Sector ◽  
Public Administration ◽  
New Public Management ◽  
Public Private Partnership ◽  
Value For Money ◽  
Street Lighting ◽  
Private Partnership ◽  
The Public ◽  
Public Administration Reform ◽  
The Republic

Public administration reform, better known as the New Public Management - NPM, which began in the mid-1970s, had a key impact on the development of modern public administration. The NPM emphasizes the economic values of public administration, to the detriment of its other values. Public Private Partnership- PPP is one of the basic elements of NPM doctrine. PPP is a partnership between the public and private sector that aims to provide a service traditionally provided by the public sector. An integral part of every PPP is the Value for Money methodology. The “Value for money”- VfM method emerged in this process of public administration reform, first in the UK. The document of the British Government Private Finance Initiative (PFI) from the year 1992, presented the basis for the creation of a new so-called “Venture”, which at that time was called a joint venture, and which is today known as PPP. PPP is a relatively new institute that has existed in the Republic of Serbia since 2011. In this paper, we will deal with the application of the VfM methodology in PPP projects related to street lighting in the Republic of Serbia, and try to give answer about social and economic justification of PPP and potential economic savings that can be achieved in the public sector through the implementation of PPP. At the present time, when there is more and more talk about the need for environmental protection, sustainable development and energy efficiency, PPP projects can have an increasing importance in this area. For this reason, we have limited the application of VfM methods in PPP projects in the Republic of Serbia only to street lighting projects which provide the mentioned goals.

scholarly journals The legal public–private partnership framework and policy implementation in Uganda

2020 ◽  
Vol 8 (1) ◽  
Author(s):  
Jude Mugurura ◽  
Zwelinzima Ndevu
Keyword(s):  
Public Private Partnership ◽  
Infrastructure Development ◽  
Exploratory Research ◽  
Private Partnership ◽  
Road Infrastructure ◽  
Investment Projects ◽  
The Public ◽  
Secondary Sources ◽  
Regulatory Frameworks ◽  
Key Aspects

Background: This article is based on a multidimensional empirical research study investigating aspects of the suitability of the public–private partnership environment of Uganda for road infrastructure development. The foundation of the article is the implementation of the relationship between existing legal and regulatory frameworks on the ground in Uganda.Aim: Key aspects and realities of the legal and policy frameworks that support public–private partnership, road investment projects and programmes in Uganda are examined from the perspective of a transparent, effective and efficient service delivery.Setting: A brief exposition of Uganda’s historical realities and present challenges, especially in terms of road infrastructure, an introduction of key aspects of the legal and regulatory frameworks is presented.Methods: The research is based on an exploratory research design methodology founded on a thorough literature review, exhaustive documentary analysis of primary and secondary sources and 30 interviews with senior and middle managers in the public and private sectors in Uganda. A semi-structured questionnaire was utilised.Results: The analysis of data was based on a dissection of the policies and systems as foundations of solid implementation, existing legal violations, the local private sector’s present conundrum and capacity gaps, the realities of integrity and corruption and the existing approach of citizens towards the problems and challenges.Conclusion: The lack of integrity in both the private and public sector has serious negative effects on the processes, functions, planning, designing, outputs and outcomes of infrastructure initiatives undertaken.

INTERACTION OF THE STATE AND BUSINESS AT THE TRAINING OF SPECIALISTS FOR THE ECONOMY OF KNOWLEDGE

2017 ◽  
pp. 127
Author(s):  
Elvira Voronko
Keyword(s):  
Higher Education ◽  
Higher Education Institutions ◽  
Public Private Partnership ◽  
The State ◽  
Private Partnership ◽  
Non Profit ◽  
The Republic ◽  
Alternative Sources

Ways of interaction between the state and business in the training of specialists with higher education are discussed in the article. A reduction in the budgetary financing of the activities of universities is observed in the Republic of Belarus. The need to find alternative sources of funding arises. In particular, the mechanism of public-private partnership is proposed to be used for financing. Tasks of higher education institutions and business in the field of higher education are presented. Forms of public-private partnership for the educational sphere are considered: partnership, non-profit organization (partnership, foundation), use of contracts as administrative contracts.

scholarly journals Application of budget allocation models in the management of investment processes in the context of the digital economy development

2021 ◽  
Vol 39 (71) ◽  
pp. 594-608
Author(s):  
Viktoriia Chobitok ◽  
Oleg Shevchenko ◽  
Oksana Lomonosova ◽  
Volodymyr Kochetkov ◽  
Valentyna Bykhovchenko
Keyword(s):  
Digital Economy ◽  
Government Procurement ◽  
Public Private Partnership ◽  
Financial Resources ◽  
Comparative Characteristic ◽  
Private Partnership ◽  
Investment Projects ◽  
The Public ◽  
Partnership Model ◽  
Investment Process

Within the study, the use of the public-private partnership mechanism in the management of investment processes in the context of digitalization was argued. The methodological basis of the study was a process approach, which allows to study multidirectional investment actions and the interdependent impact of the investment process, which determines the causal links of the development of investment entities at different levels in the collection of resources, in the conditions of the development of the digital economy. Endogenous sources include financial resources of internal and external origin. Exogenous investment resources include financial resources on loan, as well as budgetary allocations. Varieties of budget allocations include government procurement, concession, life cycle contract. Comparativecreativecharacterization of investment resource attraction models was carried out at the expense of budgetary allocations. In conclusion, they highlight the advantages of attracting investment resources at the expense of budgetary allocations, namely the public-private partnership model as a concession. Finally, it carriesout the comparative characteristic of the conditions of the implementation of investment projects in various models of attraction of investment resources at the expense of budgetary allocations.

scholarly journals Improving the Mechanisms of Public-Private Partnership

2021 ◽  
Vol 12 (2) ◽  
pp. 242
Author(s):  
Aliya Zyalilevna Minnibaeva ◽  
Irina Yurievna Vaslavskaya ◽  
Irina Alexandrovna Koshkina ◽  
Artur Faridovich Ziyatdinov
Keyword(s):  
Large Scale ◽  
Structural Changes ◽  
Public Private Partnership ◽  
State Regulation ◽  
The State ◽  
Public Authorities ◽  
Private Partnership ◽  
Investment Projects ◽  
The Public ◽  
Activity State

Development of the Russian economy causes the growth of public requirements and structural changes connected with it directed to an increase in the efficiency of social and economic tasks solution. Need of partnership of the state and private business development for the solution of problems in the social and economic sphere predetermines by the insufficiency of opportunities of the public (budgetary) financing of investment projects, large-scale and significant for society. The public-private partnership (PPP) acts as one of the modern economic mechanisms allowing realizing the interaction of the state and business. The PPP, on the one side, represents a special form of influence of state authorities and management for the purpose of stimulation of business activity, and with another, acts as the economic mechanism of the solution of social and economic tasks. The article is devoted to the consideration of the public-private partnership mechanism as one of the most modern methods of economic activity state regulation which basis the basic coordination principle of the parties interests and allowing to combine interests and technologies of business. Need and the prospects of further development of mechanisms of state-private partnership on the basis of the state strategic planning are proved. Special attention is paid to the interrelation of development of public-private partnership and need of theoretical scientific research in the field of improvement of institutional, ensuring its realization. It is shown that the role of the mechanism of public-private partnership in the economy is defined, first of all, by its elements as subjects and objects of public-private partnership, priority spheres of realization. Authors allocate and describe a number of aspects of the mechanism of functioning of public-private partnership, namely: organizational and legal, financial and investment, technical and organizational, regional. In the article, the main problems connected with the development of the mechanism of PPP, including with lack of the description of concrete mechanisms of use of the majority of forms of PPP and lack of regulation of questions of division of powers between public authorities and business are allocated and proved.

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