The establishment of public-private partnership institutions: a historical review and scientific analysis of their advantages and disadvantages

Abstract

Background. The Institute of public-private partnership is rapidly developing on the territory of the Russian Federation, having its own history of formation and evolution, as well as promising advantages. The statistical information provided in the article confirms the relevance of the functioning of this legal institution. Thanks to the public-private partnership, the infrastructure of the whole country is actively developing. Nevertheless, legislative innovations are required to improve its functioning, which will be proposed in this article. We hope that these proposals will help im-prove the functioning of the public-private partnership. The purpose of the work is to study the legal status of the institution of public–private partnership, to identify the advantages and prospects of its development, as well as to propose legislative innovations for the improvement of this legal institution. Materials and methods. The implementation of the research objectives was achieved based on an analysis of current legislation, as well as the scientific work of scientists in this field. The methodological potential includes historical and comparative methods, (as well as) dialectical analysis of the process and the result of law-making. The author's opinions on the public-private partnership of V.V. Putin, P.S. Seleznev, M.G. Reshetnikov (and others) are given. Results. A scientific analysis of the legal status of the institute of public-private partnership has been carried out, a historical overview has been given, advantages, development prospects and disadvantages have been identified, and ways to improve its functioning have been pro-posed at the legislative level. Specific amendments to the current legislation of the Russian Fed-eration have been proposed, which will improve the functioning of this legal institution. Conclusions. The functioning of the institute of public-private partnership in the Russian Federation is beneficial for the country, for its development and prosperity, however, legislative innovations are required to improve its work.