Assessment of the Possibilities and Prospects for the Use of Quasi-PPP Forms in the Economic Policy of the Regions

¹ Volgograd State University, 100 Prospect Universitetsky, 400062, Volgograd, Russia
² Presidential Academy of National Economy and Public Administration, 82 Prospect Vernadskogo, Building 1, 119571, Moscow, Russia

^* Corresponding author: shorim@volsu.ru

Abstract

Modern practice substantiates the leading role of public-private partnership (hereinafter referred to as PPP) in the implementation of regional economic policy since it helps to resolve large-scale infrastructure issues which are crucial for the sustainable development of our country’s regions. In all the diversity of such partnerships, a special place is occupied by quasi-PPP with high controllability on the part of the public partner which is especially important under unstable conditions. This fact predetermines the purpose of the study which is to assess the possibilities and prospects for the use of quasi-PPP in the economic policy of the regions. The methodological basis of the study is the general scientific method of dialectical cognition of economic phenomena. To meet the purpose of the study, a classification of quasi-PPP was developed, their strengths and weaknesses, as well as the results of practical use in Russia were analyzed. All the aforementioned helps to assess the possibilities of using quasi-PPPs from the standpoint of the state, business, and the population and assess their prospects at the regional level. The practical significance of the study lies in the possibility of using the findings in the implementation of regional economic policy.