Implementation of Public-Private Partnership in The Russian Federation
Lyubov Semenovna Morozova1, Vladimir Yurevich Morozov2, Natalia Vladimirovna Havanova3, Irina Gennadievna Churilova4, Marat Venerovich Arifullin5, Irina Andreevna Rozhdestvenskaya6
1Lyubov Semenovna Morozova, Russian State University of Tourism and Service, Moscow, Russian Federation.
2Vladimir Yurevich Morozov, Russian State University of Tourism and Service, Moscow, Russian Federation.
3Natalia Vladimirovna Havanova, Russian State University of Tourism and Service, Moscow, Russian Federation.
4Irina Gennadievna Churilova, Russian State University of Tourism and Service, Moscow, Russian Federation.
5Marat Venerovich Arifullin, Russian State University of Tourism and Service, Moscow, Russian Federation.
6Irina Andreevna Rozhdestvenskaya, Financial University under the Government of the Russian Federation, Moscow, Russia.
Manuscript received on 5 August 2019. | Revised Manuscript received on 11 August 2019. | Manuscript published on 30 September 2019. | PP: 1819-1825 | Volume-8 Issue-3 September 2019 | Retrieval Number: C4630098319/19©BEIESP | DOI: 10.35940/ijrte.C4630.098319
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: IThe evolution of relations between the institutions of state and entrepreneurship in developed and developing countries at various stages of economic development has proved that their constructive interaction is a critical factor for successful socio-economic development. The constantly increasing gap between the needs and requirements of the population to public services, infrastructure, and budget constraints have resulted in the development of state-business partnership structures. The transforming role of the state in the economy necessitates the importance of finding alternatives to direct regulation of economic processes. One of them is the institute of public-private partnership (hereinafter referred to as PPP), which allows attracting additional resources to the economy, redistributing risks between the state and the business sector, directing entrepreneurial efforts to address important social and economic goals and objectives while maintaining the powers and functions of the state. Foreign experience shows that the implementation of PPP projects ensures significant cost savings.
Keywords: Regional Tourism, Territory, Partnership, Business Sector.
Scope of the Article: Residential, Commercial, Industrial and Public Works