Populating No Man's Land. Economic Concepts of Ownership under Communism
The chapter traces the history and reconstructs the logic of ownership debates in Soviet economic thought. Despite crucial role that ownership received in the Soviet economic literature, this concept predominantly was conceived legally thus making economic discourse inconsistent and dogmatic. Attempts to overcome this inconsistency by the leading schools of Soviet economic thought are considered and related to the broder contexts of ideological, political and economic discourses.
This book considers several aspects of the transformation of the former state socialist countries: social and economic outcomes; forces in the transformation process; problems of consolidation of the new regimes; and alternative scenarios. The book evaluates the course of transformation of state socialist societies. It focuses on economic change and its impact on inequality and health. Comparisons are made between the successful central European countries now members of the European Union with those of the former Soviet Union. There are detailed studies of the transformation of the (former) German Democratic Republic, Czech Republic, Russia, Belarus, Ukraine, as well as the impact on Poland. A feature of the book is the impact of the collapse of state socialism on countries of Asia and the Third World. Alternative scenarios are considered, with specific chapters on China, Cuba, and North Korea. The book contemplates the alternative types of society that might replace state socialism, particularly state capitalism and market socialism.
Despite over 30 years of worldwide reforms in many directions to increase efficiency, public transport markets present a variety of arrangements regarding operations, control and ownership that are amenable to improvement. This workshop will examine the contextual economic, political, cultural and social factors behind these many different cases that can be observed around the world. Through a better understanding of such factors it will examine the competition and ownership options for regulated public transport markets, taking full account of local contextual factors. This will include examination of methods for improving performance without major competition and ownership changes, for example by improved institutional design (both top-down and bottom-up), the development of trusting partnerships, the promotion of negotiated contracts and the introduction of optimal operating rules.
Cataclysms of the twentieth century enabled to speak about the cultural paradigm shift: the New Middle Ages began to crystallize. In this paper the rethinking process (mainly in economic but also philosophical discourse) of the meaning of labour is sketched. The importance of noneconomic sense of labour (which can be understood as Service) has been realized even in some branches of political economy. Self-centred homo economicus is regarded as secondary to unselfish homo faber. Different reasons of standing for this ideal are outlined.
The Working Paper examines the peculiarities of the Russian model of corporate governance and control in the banking sector. The study relies upon theoretical as well as applied research of corporate governance in Russian commercial banks featuring different forms of ownership. We focus on real interests of all stakeholders, namely bank and stock market regulators, bank owners, investors, top managers and other insiders. The Anglo-American concept of corporate governance, based on agency theory and implying outside investors’ control over banks through stock market, is found to bear limited relevance. We suggest some ways of overcoming the gap between formal institutions of governance and the real life.
Yakov Alexandrovich Novikov - Russian sociologist and economist, and businessman.
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.