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Public–Private Partnership in Russia: Current State, Problems, and Development Prospects

In: The Sustainable Development of the Entrepreneurial Economy in the Fifth Industrial Revolution

Author

Listed:
  • Irina B. Teslenko
  • Nadezhda V. Muravyova
  • Evgeniy A. Ulanov
  • Evgeniy V. Denisenko

Abstract

In Russia, public–private partnership (PPP) is an important financial instrument for attracting extra-budgetary funds. PPP is actively developing. Nevertheless, it faces some problems that hinder its effective operation. This research aims to identify scientific and practical foundations for improving the PPP mechanism as a source of sustainable socio-economic development in Russia. During the research, the authors reviewed scientific literature with elements of retrospective analysis, determined the quantitative structure of PPP agreements in the Russian Federation, and identified three main problems that reduce the potential benefits of attracting extra-budgetary funds. Additionally, the authors described prospects that make it possible to minimize the negative impact of attracting extra-budgetary financial flows for the implementation of socio-economic projects. According to the research, the most common tool for implementing PPP in the Russian Federation is concession agreements. To minimize the negative factors affecting the effectiveness of PPP policy, it is necessary to reform legislation and restructure national and regional programs in this area. The research results can be used to develop tools and measures to stimulate financial flows of extra-budgetary funds in implementing government projects.

Suggested Citation

  • Irina B. Teslenko & Nadezhda V. Muravyova & Evgeniy A. Ulanov & Evgeniy V. Denisenko, 2026. "Public–Private Partnership in Russia: Current State, Problems, and Development Prospects," World Scientific Book Chapters, in: Elena Popkova & Gulnora Abdurakhmanova (ed.), The Sustainable Development of the Entrepreneurial Economy in the Fifth Industrial Revolution, chapter 43, pages 505-514, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789819802920_0043
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    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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