PROSPECTS FOR FINANCING ROAD TRANSPORT INFRASTRUCTURE PROJECTS
Sustainable development of the state takes on special significance in conditions of instable global market, increased budget spending and sluggish economic growth. Providing financial resources in order to reach the most important social and economic goals and to implement road transport infrastruct...
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| Main Author: | |
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| Format: | Article |
| Language: | Russian |
| Published: |
Government of the Russian Federation, Financial University
2017-10-01
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| Series: | Финансы: теория и практика |
| Subjects: | |
| Online Access: | https://financetp.fa.ru/jour/article/view/343 |
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| Summary: | Sustainable development of the state takes on special significance in conditions of instable global market, increased budget spending and sluggish economic growth. Providing financial resources in order to reach the most important social and economic goals and to implement road transport infrastructure projects is of highest priority for economic recovery of the Russian Federation. The issues of financial support of infrastructure projects as well as interaction between government and business in creating effective financial mechanisms and ways of cooperation are highly relevant while fulfilling the government tasks. The paper considers the road transport facilities, namely, the need to develop a network of highways as a key factor affecting the economic performance of entities and the state as a whole. The existing shortage of funds is considered as a problem that deters the sustainable economic development of the state and implementation of road transport infrastructure projects. The article reflects the author’s view on such issues as development of the road facilities in the Russian Federation; public-private partnership as a promising form in developing interaction between the state and business in implementation of infrastructure projects. The article suggests recommendations on how to attract alternative sources of financing for road transport infrastructure projects and create favorable investment environment in the Russian Federation. |
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| ISSN: | 2587-5671 2587-7089 |