Title: Development of Institution of Public-Private Partnership: German and Russian Practices
Abstract: A institution of public–private partnership is a government service or private business venture which is funded and operated through a partnership of government and one or more private sector companies. Institution of public–private partnership has started to found in Germany since 1998 according to the institutional providing legislative basis for organization of steady interaction between private and state sectors. Public–private partnership formation in Germany took place at two stages. Derivative development of institution of public–private partnership aims at achieving greater social and economic efficiency than at its importing to another economic and institutional sphere. Borrowing of Institution of public–private partnership from foreign countries has been proceeding in Russia since 2005.
Publication Year: 2015
Publication Date: 2015-07-10
Language: en
Type: article
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