Work

Efficiency Assessment of Public-Private Partnership (PPP) Projects: The Case of Russia

Year: 2018

Type: article

Abstract: 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.

Source: Sustainability

DOI: 10.3390/su10103713

Authors: Andrey Berezin, Bruno S. Sergi, Natalia Gorodnova

Institutions: Peoples' Friendship University of Russia, Harvard University, Ural Federal University

Language: English

Topic: Public-Private Partnership Projects

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Peace, justice, and strong institutions, Industry, innovation and infrastructure

Open Access status: gold

Estimated APC paid: $2,896