Государственное регулирование общественного сектора услуг крупного города: методология оценки эффективности и практика
This paper analyzes thirty-two cases including alliances, merger consortiums, acquisitions and partnerships between diverse major Italian companies in the Local Public Transportation Sector. In order to single out the principal trends, special attention has been paid to the aims of the players, their needs and the strategies implemented. The actions taken by the institutions and the competent authorities regarding the regulations have also had a very important role, mostly after the Law 422/97 (Decreto Burlando), that, by introducing transparent public selections, has forced Local Authorities to modify players' strategies to become more efficient and sustainable by promoting, liberalizing and modernizing the service. The players, accustomed to a competition-free framework, have had to face the change by M&A processes establishing alliances and collaborations, proactively redefining their positions, to ward off the threats of liberalization.
This paper addresses state participation in the financial sector. We take the example of the Russian banking industry to suggest criteria for a more accurate definition of public sector boundaries and an assessment of the actual scale of state presence in the national banking market.
The article discusses the place and role of governmental planning and administration in economy, methodological limitations of traditional arguments in favour of market economy and limits of efficiency of both market and planned economy. The article proposes a set of criteria of sectors where planning can significantly improve perfomance over free market and a classification of state-owned enterprises based on their role in implementation of economic policy. Finally, the proposed approach is used to analize the current situation in state sector of Russian economy and identify its problems. The conclusion emphasises a necessity of change in the concept of administration of the state sector of Russian economy from a set of indepentent enterprises to a unified system of instruments for implementation of economic policy.
Polish model of system transformation and its flexible approach to privatization of state-owned enterprises appeared to be successful. While the vast majority of East European countries as well as Russia suffered a GDP contraction, Poland goes on ahead, though at a slower pace. The article analyses concepts and mechanisms of privatization in Poland, reveals its strong points and opportunities which may provide Russian decision-makers with a necessary insight to develop strategies under Russian reality.
The paper examines the structure, governance, and balance sheets of state-controlled banks in Russia, which accounted for over 55 percent of the total assets in the country's banking system in early 2012. The author offers a credible estimate of the size of the country's state banking sector by including banks that are indirectly owned by public organizations. Contrary to some predictions based on the theoretical literature on economic transition, he explains the relatively high profitability and efficiency of Russian state-controlled banks by pointing to their competitive position in such functions as acquisition and disposal of assets on behalf of the government. Also suggested in the paper is a different way of looking at market concentration in Russia (by consolidating the market shares of core state-controlled banks), which produces a picture of a more concentrated market than officially reported. Lastly, one of the author's interesting conclusions is that China provides a better benchmark than the formerly centrally planned economies of Central and Eastern Europe by which to assess the viability of state ownership of banks in Russia and to evaluate the country's banking sector.
The paper examines the principles for the supervision of financial conglomerates proposed by BCBS in the consultative document published in December 2011. Moreover, the article proposes a number of suggestions worked out by the authors within the HSE research team.
We address the external effects on public sector efficiency measures acquired using Data Envelopment Analysis. We use the health care system in Russian regions in 2011 to evaluate modern approaches to accounting for external effects. We propose a promising method of correcting DEA efficiency measures. Despite the multiple advantages DEA offers, the usage of this approach carries with it a number of methodological difficulties. Accounting for multiple factors of efficiency calls for more complex methods, among which the most promising are DMU clustering and calculating local production possibility frontiers. Using regression models for estimate correction requires further study due to possible systematic errors during estimation. A mixture of data correction and DMU clustering together with multi-stage DEA seems most promising at the moment. Analyzing several stages of transforming society’s resources into social welfare will allow for picking out the weak points in a state agency’s work.