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«Public Administration Issues» Journal,

Post. address:
National Research University
Higher School of Economics
20 Myasnitskaya Str., Moscow 101000, Russian Federation
Location address:
of. 307, 4/2, Slavyanskaya sq., Moscow 109074, Russian Federation

Tel./fax: 7 (495) 772-95-90, ext. 12631

E-mail: vgmu@hse.ru 

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32nd place in the SCIENCE INDEX
for 2019 (more than 4000 journals)
Russian Science Citation Index

two-year impact factor for 2019: 2,631
(the citation of all sources)

Russian Science Citation Index
five-year impact factor for 2019: 1,725

Ten-year h-index 2019: 31

 

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Scopus




Research and educational journal
Published quarterly since 2007
ISSN 1999-5431
E-ISSN 2409-5095

Elena Shadrina 1,2,3, D. Vinogradov  
  • 1 National Research University Higher School of Economics, 38 Studencheskaya Str., Perm, 614070, Russian Federation
  • 2 National Research University Higher School of Economics, 16 Soyuza Pechatnikov Str., Saint Petersburg, 190008, Russian Federation
  • 3 National Research University Higher School of Economics, 20 Myasnitskaya Str., Moscow, 101000, Russian Federation

Public-private partnership is a form of business organization

2012. No. 4. P. 5–19 [issue contents]

Public-private partnership is often viewed as a form of the state interaction and business, which makes it possible to study features of such an interaction, but questions its optimal effectiveness. The authors consider PPP as a form of business organization too and they show that PPP has advantages in producing public goods over private, state and a number of other organizations of mixed forms.  

The main outcomes: the main problems of interaction of the state and a private partner include imperfection of the contracts, division of the risk problem, lack of coordination of information flows and goals. The contracts display their gaps and mistakes in the course of implementing the project, so two sides are needed to correct them. They can also be a cause of the project realization delay, and this make projects with a fixed duration less profitable: the shorter the time for the implementation of the project, the more acute is the problem. Reduction of the project deadline is hardly profitable for the municipality as well, because it is pushing the partner for a rapid inefficient solution to the rising problem. Most of the business risks rest with the private partner.

 Conclusions: cooperation based on the partnership principle stimulates protection of the contracting party, thus solving the problem of contracts imperfection, as the sides make decisions on the rising problems together. The state, keeping to the partnership principle, creates stimuli for private business to join the common goals. Better protection against the risks provides their separation in the frames of partnership. The pooling of resources encourages implementation of projects, exchange of information and co-production.

Citation: Shadrina E. V., Vinogradov D. V. (2012) Gosudarstvenno-chastnoe partnerstvo kak forma organizatsii biznesa [Public-private partnership is a form of business organization] Public Administration Issues, 4, pp. 5-19 (in Russian)
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ISSN 1999-5431
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