Abstract
Municipal-private partnerships, as a type of public-private partnership, are widely regarded as the best instrument for addressing a wide range of tasks related to modernizing municipal infrastructure and improving the quality of life for the local population. However, as a comparative study of Mongolian and Russian legislation has demonstrated, there are substantial differences in how these laws are implemented in practice. In Russia, local self-government bodies are given more authority to make decisions about the use of municipal property, which, according to the author, is more beneficial to the population of municipalities. However, there are some gaps in the legislation governing these relationships, which justifies discussions about the need for additional development of public-private partnerships at the local government level as well as improvements to the current system. In Mongolia, it should be associated with the expansion of powers of local self-government bodies to make independent decisions on their use, whereas in Russia, it should be related to providing a wide range of forms of their realization, which necessitate systematic normative fixation. Municipal-private partnership can find its embodiment in a variety of organizational and legal forms, each of which has a significant specificity, but all of them are characterized by the long-term nature of the relationship between private and public partners, combining their resources and proportionally distributing the risks arising in the implementation of joint projects.
Published Version
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