Efficiency assessment of public-private partnership (PPP) projects: The case of Russia

The most recent international experience shows that public-private partnership (PPP) is a public procurement that improves the management of public and municipal property in the construction sector. This article proposes a method for ranking countries by the probability of being successful in implementing a PPP. The new methodology is based on a system of indicators to assess the quality of the institutional environment, the experience of project implementation, the state readiness, private organizations, and the society for the effective implementation of PPP projects. We develop a new method to gauge challenging Russia's new legislation that, although having been introduced in 2015, has already boosted a tumultuous number of new PPP projects and it is expected to enhance PPP opportunities in the country further. © 2018 by the authors.

Авторы
Berezin A. 1 , Sergi B.S.2 , Gorodnova N. 3
Издательство
MDPI AG
Номер выпуска
10
Язык
Английский
Статус
Опубликовано
Номер
3713
Том
10
Год
2018
Организации
  • 1 Department of Economic and Mathematic Modeling, RUDN University, Moscow, 117198, Russian Federation
  • 2 Davis Center for Russian and Eurasian Studies, Harvard University, Cambridge, MA 02138, United States
  • 3 Higher School of Economics and Management, Ural Federal University, Ekaterinburg, 620002, Russian Federation
Ключевые слова
Algorithm for evaluation; Economic development; Infrastructure projects; Private sector; Public-private partnerships; Rating; State; Sustainable development
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