000			01980pab a2200217 454500
008			180718b2012 xxu||||| |||| 00| 0 eng d
100			_aMouraviev, Nikolai
245			_aConcessionary nature of public-private partnerships in Russia and Kazakhstan: A critical review
260			_c2012
300			_ap.410-420.
362			_aMay
520			_aThis article provides a critical overview of Public-Private Partnerships (PPPs) in Russia and Kazakhstan and examines the rationale underpinning such partnerships. The analysis discusses the reasons why governments in Russia and Kazakhstan focus principally on concessions as a form of PPP and goes on to provide a critical assessment of the key approaches and situational factors relating to concessions in these two countries. The article finds that external globalization impulses pressed Russia and Kazakhstan to align their policies and institutions with western orthodoxy and perceived international best practice. An ever-increasing emphasis on use of PPPs has been a key feature of this alignment. However, the governments of Russia and Kazakhstan have increasingly resorted to concessions as progress with the development and implementation of Western style PPP models has stalled. This article concludes that the governments of Russia and Kazakhstan have demonstrated an overly optimistic approach to PPP and as a result may have substantially understated their overall concessional risks and costs. Features of Russian and Kazakhstani PPP arrangements such as ambiguity in output specification and extensive reliance on government subsidies, combined with lack of expertise of private partners, may significantly decrease concession benefits. - Reproduced.
650			_aGlobalization
650			_aPublic policy
650			_aPublic private partnerships
700			_aRobinson, Izabela
700			_aKakabadse, Nada
773			_aInternational Journal of Public Administration
908			_aN
909			_a97162
999			_c97162 _d97162