Notion and characteristics of a public-private partnership
Abstract
The article examines the notion and characteristics of a public-private partnership (PPP). Based on the conducted research of the legal definitions available in the constituent units of the Russian Federation, draft federal law “On the public-private partnership”, as well as the notions established in science, literature and in a business community, the author reveals the essence of this phenomenon. The author points out its main (basic) characteristics and gives both an extensive and, for the sake of convenience, a brief legal definition of a public-private partnership.
Keywords:
Public-private partnership, public interest, private interest, distinction criteria, investments, entrepreneurial activity
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Articles of "Vestnik of Saint Petersburg University. Law" are open access distributed under the terms of the License Agreement with Saint Petersburg State University, which permits to the authors unrestricted distribution and self-archiving free of charge.