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PUBLIC-PRIVATE PARTNERSHIP IN AGRIBUSINESS: INTERNATIONAL EXPERIENCE AND RUSSIAN PRACTICE

Abstract

World experience shows that one of effective ways to attract private business in the sphere of agriculture and the division between state and investor risks of production is public-private partnership (PPP). The existing mechanism of PPP in Russian agricultural sector doesn’t cause systematic implementation of innovation processes characterized by local changes. Currently, there is a very few number of successfully implemented PPP projects in agriculture in Russia, the experience of this mechanism is neither generalized nor systematized. Nowadays PPP in agriculture is at the beginning of the development, due to specific high-risk sector features a detailed analysis of mechanisms of competitiveness increase in Russian agribusiness and cooperation areas between private business and government in agricultural production investing requires. In this regard, it is necessary to develop methodological and institutional approach to agricultural use of PPP. The article contains various interpretations of the term "public private partnership", an author’s definition of this concept, summary of public, private and society interests, when implementing PPP projects. The paper considers foreign and Russian practice of this mechanism development. Measures to enhance the effectiveness of PPP in Russian agricultural sector are given here. PPP in agriculture unites all forms of cooperation between public and private sectors with the aim of increasing the competitiveness of agricultural products and food, sustainability of agricultural production and rural areas. There is a trend towards the increased use of PPP mechanisms in various fields and forms all over the world. The practical use of PPP technology in developed countries allows us to implement a diverse range of state and business interests. The most common form of PPP in the agricultural sector is the development and implementation of targeted programs financed from budgets of different levels, as well as private investment. For PPP development in Russia it is necessary to improve the regulatory legal base in the sphere of PPP, training PPP, improving subsidy region and municipal mechanisms, strengthening the role of extra-budgetary funds in financing PPP projects, establishment of extension mechanisms of government finance guarantees to PPP projects.

About the Authors

E. A. Bessonova
Southwest State University
Russian Federation


N. S. Gridchina
Southwest State University
Russian Federation


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Review

For citations:


Bessonova E.A., Gridchina N.S. PUBLIC-PRIVATE PARTNERSHIP IN AGRIBUSINESS: INTERNATIONAL EXPERIENCE AND RUSSIAN PRACTICE. Proceedings of the Southwest State University. 2016;(3):111-120. (In Russ.)

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ISSN 2223-1560 (Print)
ISSN 2686-6757 (Online)