A socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5,000 people working in Russia and abroad.

The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 166 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 76 countries worldwide, and 154 Russian public organizations, federal and legislative agencies, and federal subjects.

The Roscongress Foundation has Telegram channels in Russian t.me/Roscongress, English – t.me/RoscongressDirect, and Spanish t.me/RoscongressEsp. Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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Article
10.03.2022

Public-Private Partnership as a Model of Public Infrastructure Development

This article was published in the journal «MGIMO Review of International Relations».

Author: Andrey S. Bednyakov — Expert, ROSINFRA, National PPP Center (VEB.RF).

Abstract: A public-private partnership (PPP), a long-term pooling of public and private partners’ resources, sharing risks, responsibilities, and results, is a successful tool employed in many countries to develop public infrastructure. The article argues that PPP is the optimal cooperation between the state and private sectors to solve social and economic problems. Even though PPP as the phenomenon of the modern economy appeared not too long ago, it had objective prerequisites, including the prior forms of cooperation between the state and individuals. The study of these prerequisites reveals the development patterns of PPP development, including its effectiveness, that allows politicians to harness them to develop an optimal state policy in the area. The article provides a comparative analysis of the PPP abroad to assess the intermediate results of the PPP development in Russia. In many countries (Canada, France, and Great Britain), a PPP as an economic model for developing the infrastructure complex has proved its viability and significantly contributes to social and economic development. It is essential that in addition to direct economic effects, a publicprivate partnership might result in indirect influence, including a positive impact on institutional development. Public-private partnership in Russia has not yet found wide application for improving the infrastructure complex. Therefore, it does not have enough impact on economic development. Despite the large volume of research on PPP, there are few comparative studies of PPP development in countries at different levels of socio-economic development. Relying on the conducted study of PPP in Russia and the leading foreign countries, the strategic model of PPP proposed by the author as well as broader foreign experience in PPP, the article provides recommendations aimed at better utilization of the opportunities provided by fostering of this form of cooperation between the state and individuals and increasing its role in the economic development of Russia.

Full text (RUS).

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