Problems and prospects of application of the mechanism of public-private partnership in industry
https://doi.org/10.29030/2309-2076-2023-16-3-163-172
Abstract
The paper analyzes the applicability of public private partnership in industrial projects. It is revealed that PPP has its own niche in implementing PPP industrial projects, however, the wide-scale application of this mechanism as it is in public infrastructure with all the set of guarantees and compensations that are usually provided by the public partner, may cause an excessive burden on the country’s budget system due to a significant increase in off-balance sheet obligations of the public side. It is proved that in the current conditions the most popular model of PPP for projects in industry is an offset contract which allows to ensure the return on investment of a private sector through guaranteed purchases of goods and services from the state.
About the Authors
T. A. Spitsyna
Institute of finance and sustainable development Russian Presidential Academy of National Economy and Public Administration
Russian Federation
Russian Federation
Tatiana A. Spitsyna – candidate of economic sciences, senior lecturer of scientific and educational center of finance and investments.
Moscow
E. V. Margolina
Institute of finance and sustainable development Russian Presidential Academy of National Economy and Public Administration
Russian Federation
Russian Federation
Elena V. Margolina – candidate of economic sciences, senior lecturer of scientific and educational center of finance and investments.
Moscow
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Review
For citations:
Spitsyna T.A., Margolina E.V. Problems and prospects of application of the mechanism of public-private partnership in industry. Economic Systems. 2023;16(3):163-172. (In Russ.) https://doi.org/10.29030/2309-2076-2023-16-3-163-172
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