Title: Finance of Public-Private Partnership in the Russian Federation
Abstract: The paper deals with the role of finance in public-private partnership and the procurement system in the development of the real sector of economy. Under the conditions of market relations, the economy is becoming the determining factor of social development, and the state is intended to harmonize its interests with the interests of economic entities. One of the means of such harmonization is a public-private partnership (PPP) mechanism, which has been rapidly developed in the Russian Federation in recent years and is used primarily to implement significant state infrastructure and innovative projects. At the same time, the federal contractual system in procurement is aimed to ensure the public commitments of the Russian Federation. Under the contractual system, the state is interested in timely and complete performance of contracts concluded on behalf of the Russian Federation to supply products, works and services, as well as to save budget funds. In the current context, the achievement of these goals is due to such new factors as integration of public and private finance.
Publication Year: 2020
Publication Date: 2020-07-17
Language: en
Type: book-chapter
Indexed In: ['crossref']
Access and Citation
Cited By Count: 2
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot