Public-Private Partnership as Manner to Attract Investments in the Social Sphere

Abstract

The article deals with public-private partnerships as factor in the development of infrastructure industries in the region, also considered the process of evolution of public-private partnership with a historical perspective. Particular attention is paid to the application and use of PPPs in the social sphere. It is well known, the PPP is developing by effective legislation on public-private partnership model agreements with a clear division of obligations, risks and responsibilities of the partners: government and municipal agencies and private companies. The article proves the necessity to create and support a favorable investment and business environment at the federal, regional and local levels. This all is important for developing public-private partnerships in the social sector.

DOI: 10.5901/mjss.2014.v5n18p107