Methodological Aspects of Using Mechanism of Financing Projects Based on State and Private Partnership
https://doi.org/10.21686/2413-2829-2021-4-26-38
Abstract
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.
About the Authors
E. M. PetrikovaRussian Federation
Elena M. Petrikova - Doctor of Economics, Professor of the Department for Finances and Prices of the PRUE.
36 Stremyanny Lane, Moscow, 117997.
N. V. Lokshin
Russian Federation
Nikita V. Lokshin - Project Manager of the Agency of the Far East for attracting investment and supporting exports.
12 Presnenskaya naberezhnaya, Moscow, 123112.
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Review
For citations:
Petrikova E.M., Lokshin N.V. Methodological Aspects of Using Mechanism of Financing Projects Based on State and Private Partnership. Vestnik of the Plekhanov Russian University of Economics. 2021;(4):26-38. (In Russ.) https://doi.org/10.21686/2413-2829-2021-4-26-38