World Crisis and Market of Infrastructural Projects

313
DOI: 10.20542/0131-2227-2010-1-38-46

 V. Varnavskii, Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO), 23, Profsoyuznaya Str., Moscow, 117997, Russian Federation (varnavsky@imemo.ru)

Abstract. World financial and economic crisis had a serious impact on the production infrastructure functioning owing to the insufficient suitability of its branches to the market. The author considers details and main trends of infrastructure projects development in a down economy. Investment projects in production infrastructure, implemented as per public-private partnership flowchart, are most vulnerable during a crisis, which is determined by a complicated nature of this economic phenomenon and high risks. Pursuing such fiscal policy, the government suppresses reproduction processes in the infrastructural complex rather than increases them as it is practiced in most countries of the world.  

Keywords:  financial and economic crisis, production infrastructure, investment process, public-private partnership 


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For citation:
Varnavskii V. World Crisis and Market of Infrastructural Projects. World Eonomy and International Relations, 2010, no. 1, pp. 38-46. https://doi.org/10.20542/0131-2227-2010-1-38-46



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