Financial Participation of Public Partners in Public-Private Partnership
| Autor: | Makar I. Kudelich |
|---|---|
| Jazyk: | English<br />Russian |
| Rok vydání: | 2020 |
| Předmět: | |
| Zdroj: | Финансовый журнал, Vol 12, Iss No. 6, Pp 87-99 (2020) |
| Druh dokumentu: | article |
| ISSN: | 2075-1990 2658-5332 |
| DOI: | 10.31107/2075-1990-2020-6-87-99 |
| Popis: | This article attempts to identify and analyze the problems of forms of financial participation of public partners in PPP agreements, which may be solved by legislation improvement. The article presents a comparative analysis of Russian and international practice and legislation in the field of types and procedures for choosing forms of state financial participation in PPP projects. Conclusions are made about the absence of formal criteria for choosing the form of financial participation of a public partner in the PPP agreement and the rules for determining their volume, about the uncertainty and shortcomings of legislative regulation of “financial provision” in relation to a public partner, about the refusal from using the provision of debt financing and budget investments in share capital of project companies, on the establishment of high security budgetary requirements for regressive rights of the state in relation to the principal, which make the use of state (municipal) guarantees unclaimed in Russian practice of PPP projects. |
| Databáze: | Directory of Open Access Journals |
| Externí odkaz: |
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