DEVELOPMENT MECHANISM OF THE PUBLIC-PRIVATE PARTNERSHIPS

Abstract

In Russia, the formation of the public-private partnership institution dates back to 2004. Russia’s experience in implementing public-private partnerships is mainly related to infrastructure projects, while abroad typical implementation areas of public-private partnerships are transport, housing and utility infrastructure, residential building, telecommunications, environmental projects, the financial domain, and the social sector. The expediency of using public-private partnership mechanisms in the social sector of the Russian Federation is determined by the high need for extrabudgetary funds and the use of effective management methods to increase the population's provision with health, education, culture, housing, communal, and other services. International practices show that public-private partnerships are developed widely. To some extent, almost every state implements the concept of the public-private partnership. Therefore, it is natural that the development level of the public-private partnerships institution, its specifics, and orientation to certain schemes and sectors depend on the state development features and directions, its economic growth, and the social sector.