Effectiveness Evaluation of Developing Special Economic Zones as a Form of Public-Private Partnership in Russia

#1. Minds Confusion
Effectiveness Evaluation of Developing Special Economic Zones as a Form of Public-Private Partnership in Russia

This article presents a multi-factorial regression analysis of budgetary efficiency of the special economic zones functioning in the Russian market. Special economic zones are the current form of public-private partnership in Russia, which has got significant development prospects. Public-private partnership is one of the most important institutions of economic relations between government and business, being among other things one of the key tools for investing into development of the real sector of economy. On the other hand, at present the social and budgetary efficiency of special economic zones in Russia is called into question by the state. Specific factors affecting the efficiency of special economic zones development, as well as their degree of influence, often remain unclear. In this regard, it seems important to study the budgetary efficiency of special economic zones through the prism of specific macroeconomic and specific factors published by the Russian Ministry of Economic Development. The study time frame covers the period of 2012-2016. Based on the results obtained, it seems possible to have more clear and deep understanding of the areas for developing interaction between the state and business in Russia.

Public-Private Partnership as a “Point of Growth” of Interaction Between the State and Business in New Industries of the VI Technological Order

#5. Longstanding Generation
Public-Private Partnership as a “Point of Growth” of Interaction Between the State and Business in New Industries of the VI Technological Order

Public-private partnership (PPP) is an effective mechanism of interaction between government and business for realization of complex and socially significant projects. The analysis of statistical sources made it possible to draw conclusions about the positive impact of investment in major infrastructure projects on GDP growth in both developing and developed countries. Having analyzed the definitions of PPP from different sources, author has identified the main principles, forms and characteristics of PPP, and suggested his own model of interaction between government and business. In present study special attention is paid to consideration of PPP contribution to the strategic development of key sectors of the economy in the context of transition to the sixth technological order. As a result of the study, perspective points of development of this mechanism in the sphere of high technologies have been formulated.

Investment Cost Management Land Plots with Housing Construction Based on State-Private Partnership

#3. For Nothing, or an Invisible Threat
Investment Cost Management Land Plots with Housing Construction Based on State-Private Partnership

The article examines the subject of research, focused on the study of economic and organizational relations and processes associated with the management of the investment value of land for residential development of the territory at the stage of land development based on the application of public-private partnership models. The relevance of this problem is related to the importance of solving the goal of increasing the commissioning of housing according to the message of the President of the Russian Federation to the Federal Assembly of 2018, which provides strategic plans for the transition from an average annual input of 80 to 120 million square meters. This is possible only through the use of economic tools for forecasting and managing the investment value of land. The purpose of the study is to develop conceptual theoretical and methodological and practical models for assessing and managing the investment value of land plots at the stage of land development in relation to housing construction with the priority of integrated development of territories on the basis of optimization of public-private partnership. As the applied research methods, a set of systemically interconnected methodological approaches based on the application of the theory of appraisal activity, economic and mathematical modeling, technical and economic, logical analysis, as well as the theory of risks, expert assessments, situational analysis and forecasting were used. The article shows both the author’s methodology and the results obtained that allow to simulate the management processes of the investment value of projects of the complex residential development of the territory to transfer it from negative to positive. Such management decisions are recommended to be carried out on the basis of the multivariate parameters of public-private partnership in relation to the performance of technical conditions, the volume of participation in social facilities, the transport and engineering infrastructure of construction. Ultimately, the article demonstrates the value of the completed studies both from the standpoint of the development of theory and methodology in the field of valuation theory applied to the category of “investment value”, and for the scientific and practical development of public-private partnership processes in the field of managing the increase in housing commissioning for corporate investment management and bodies of state and municipal management.

State and Business Interaction: Survey of Economics and Policy Through Time

#3. Immortal Power
State and Business Interaction: Survey of Economics and Policy Through Time

The second lecture is devoted to the initiation and development of liberal ideas on the role of the State in a market economy. Several kinds of liberalism — from classical to neoliberalism are marked. Views of Western and Russian Liberal schools on the cooperation between government and business are compared. The ordoliberalizm school in which the necessity to combine private initiative, freedom of entrepreneurship, and the public interest in a competitive environment is justified. The German model of Social market economy that combines liberal values with active role of the State in the social sphere is recognized as basic in the European Union.