Public-private partnership as a mechanism for sustainable development of the Sverdlovsk Oblast: A determinantal analysis

Abstract

Subject. This article discusses the role of public-private partnership in solving the priorities of the socio-economic development of the regions. Objectives. The article aims to identify institutional factors in public-private partnership development. Methods. For the study, we used the methods of statistical analysis. Results. Regarding the Ural Federal District subjects as a case study, the article examines the dynamics of public-private partnership projects development over the past decade. It considers the forms of institutional corruption and proposes certain mechanisms to overcome it. Conclusions. Analyzing key internal and external factors influencing the development of the public-private partnership system directly or indirectly will help enhance opportunities and capabilities when implementing economic projects.