Methodological Aspects of Using Mechanism of Financing Projects Based on State and Private Partnership

The article provides a detailed analysis of key methods to assess the efficiency of projects based on state and private partnership (S&PP), including the appraisal of commercial, social-economic, macro-economic and budget efficiency. For such projects implemented on principles of project fin...

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Main Authors: E. M. Petrikova, N. V. Lokshin
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2021-07-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
Subjects:
Online Access:https://vest.rea.ru/jour/article/view/1121
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author E. M. Petrikova
N. V. Lokshin
author_facet E. M. Petrikova
N. V. Lokshin
author_sort E. M. Petrikova
collection DOAJ
description The article provides a detailed analysis of key methods to assess the efficiency of projects based on state and private partnership (S&PP), including the appraisal of commercial, social-economic, macro-economic and budget efficiency. For such projects implemented on principles of project financing the authors highlighted the necessity of additional analysis of finance stability and return of credit financing. The article gives the author's definition of the mechanism of financing S&PP projects and explains methodological characteristics of assessing their efficiency for different participants and in interests of different concerned parties (state, business, banks). Special attention is paid to detailed study of the technology of calculating each parameter of assessing the efficiency for investment S&PP projects. Finally, conclusions were drawn about practical opportunities to use all the parameters, demonstrated above to assess the efficiency of projects in Russia, as well as key difficulties arising in the process of analysis and appraisal.
format Article
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institution Kabale University
issn 2413-2829
2587-9251
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publishDate 2021-07-01
publisher Plekhanov Russian University of Economics
record_format Article
series Вестник Российского экономического университета имени Г. В. Плеханова
spelling doaj-art-6e98a98db4e24c98a00cae528cd088352025-08-20T03:59:12ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512021-07-0104263810.21686/2413-2829-2021-4-26-38846Methodological Aspects of Using Mechanism of Financing Projects Based on State and Private PartnershipE. M. Petrikova0N. V. Lokshin1Plekhanov Russian University of EconomicsAgency of the Far East for attracting investment and supporting exportsThe article provides a detailed analysis of key methods to assess the efficiency of projects based on state and private partnership (S&PP), including the appraisal of commercial, social-economic, macro-economic and budget efficiency. For such projects implemented on principles of project financing the authors highlighted the necessity of additional analysis of finance stability and return of credit financing. The article gives the author's definition of the mechanism of financing S&PP projects and explains methodological characteristics of assessing their efficiency for different participants and in interests of different concerned parties (state, business, banks). Special attention is paid to detailed study of the technology of calculating each parameter of assessing the efficiency for investment S&PP projects. Finally, conclusions were drawn about practical opportunities to use all the parameters, demonstrated above to assess the efficiency of projects in Russia, as well as key difficulties arising in the process of analysis and appraisal.https://vest.rea.ru/jour/article/view/1121state-private partnershipbudget effectsocial and economic effectmacro-economic efficiencycommercial efficiencymechanism of financingproject financing
spellingShingle E. M. Petrikova
N. V. Lokshin
Methodological Aspects of Using Mechanism of Financing Projects Based on State and Private Partnership
Вестник Российского экономического университета имени Г. В. Плеханова
state-private partnership
budget effect
social and economic effect
macro-economic efficiency
commercial efficiency
mechanism of financing
project financing
title Methodological Aspects of Using Mechanism of Financing Projects Based on State and Private Partnership
title_full Methodological Aspects of Using Mechanism of Financing Projects Based on State and Private Partnership
title_fullStr Methodological Aspects of Using Mechanism of Financing Projects Based on State and Private Partnership
title_full_unstemmed Methodological Aspects of Using Mechanism of Financing Projects Based on State and Private Partnership
title_short Methodological Aspects of Using Mechanism of Financing Projects Based on State and Private Partnership
title_sort methodological aspects of using mechanism of financing projects based on state and private partnership
topic state-private partnership
budget effect
social and economic effect
macro-economic efficiency
commercial efficiency
mechanism of financing
project financing
url https://vest.rea.ru/jour/article/view/1121
work_keys_str_mv AT empetrikova methodologicalaspectsofusingmechanismoffinancingprojectsbasedonstateandprivatepartnership
AT nvlokshin methodologicalaspectsofusingmechanismoffinancingprojectsbasedonstateandprivatepartnership