public-private partnerships

Introduction. Public-private partnership is one of the most effective mechanisms for effective development of market economy in order to attract capital resources and the private sector to finance the public sector, the implementation of major infrastructure projects, introduction of high technologies. Theoretical analysis.

The article analyzes the functioning of public-private partnerships at the regional level. The main trends in this area are defined by their specific risks in Russia at the regional level. Theoretical analysis.

The article provides a critical assessment of methodological approaches to Public-Private Partnerships (PPPs) that researchers and practitioners in Russia employ. The study explains the reasons behind a broad interpretation of the term ‘a partnership’ in the literature and by policy makers, as well as the consequences that disregard the principal defining characteristics of a PPP. The article shows that a distorted understanding of the partnership meaning has led to inflated numbers of PPPs at the municipal level.