Public-Private Partnership in the Light of Historical Retrospective

Abstract

The article discusses historical forms of PPP, demonstrates that PPP was present throughout the history of the state as such. It is shown at the example of Russia that the advanced forms of PPP (fief, an analogue of concession) may appear earlier than simple ones (farming). It is shown that PPP can generate and systematically generates corruption. Although PPP was present almost everywhere, it took root and developed in different countries in different ways. The development of PPP is intermittent and uneven. PPP contributed to formation of important sustainable forms of economic and legal relationships. The scale of PPPs, measured in terms of their share in gross investment, is relatively small, but significant. Thanks to PPP, the state retains control over important assets, primarily real estate, and receives investments and effective management services from private business.