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 implem...
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Online Access: | http://www.mdpi.com/2071-1050/10/10/3713 |
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doaj-f312823b3cc84bdcb9e2f9be914d2ca92020-11-24T20:46:39ZengMDPI AGSustainability2071-10502018-10-011010371310.3390/su10103713su10103713Efficiency Assessment of Public-Private Partnership (PPP) Projects: The Case of RussiaAndrey Berezin0Bruno S. Sergi1Natalia Gorodnova2Department of Economic and Mathematic Modeling, RUDN University, Moscow 117198, RussiaDavis Center for Russian and Eurasian Studies, Harvard University, Cambridge, MA 02138, USAHigher School of Economics and Management, Ural Federal University, Ekaterinburg 620002, RussiaThe 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.http://www.mdpi.com/2071-1050/10/10/3713sustainable developmentinfrastructure projectsratingalgorithm for evaluationpublic-private partnershipsprivate sectorstateeconomic development |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Andrey Berezin Bruno S. Sergi Natalia Gorodnova |
spellingShingle |
Andrey Berezin Bruno S. Sergi Natalia Gorodnova Efficiency Assessment of Public-Private Partnership (PPP) Projects: The Case of Russia Sustainability sustainable development infrastructure projects rating algorithm for evaluation public-private partnerships private sector state economic development |
author_facet |
Andrey Berezin Bruno S. Sergi Natalia Gorodnova |
author_sort |
Andrey Berezin |
title |
Efficiency Assessment of Public-Private Partnership (PPP) Projects: The Case of Russia |
title_short |
Efficiency Assessment of Public-Private Partnership (PPP) Projects: The Case of Russia |
title_full |
Efficiency Assessment of Public-Private Partnership (PPP) Projects: The Case of Russia |
title_fullStr |
Efficiency Assessment of Public-Private Partnership (PPP) Projects: The Case of Russia |
title_full_unstemmed |
Efficiency Assessment of Public-Private Partnership (PPP) Projects: The Case of Russia |
title_sort |
efficiency assessment of public-private partnership (ppp) projects: the case of russia |
publisher |
MDPI AG |
series |
Sustainability |
issn |
2071-1050 |
publishDate |
2018-10-01 |
description |
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. |
topic |
sustainable development infrastructure projects rating algorithm for evaluation public-private partnerships private sector state economic development |
url |
http://www.mdpi.com/2071-1050/10/10/3713 |
work_keys_str_mv |
AT andreyberezin efficiencyassessmentofpublicprivatepartnershippppprojectsthecaseofrussia AT brunossergi efficiencyassessmentofpublicprivatepartnershippppprojectsthecaseofrussia AT nataliagorodnova efficiencyassessmentofpublicprivatepartnershippppprojectsthecaseofrussia |
_version_ |
1716811921442734080 |