Book chapter
Понятие государственной (муниципальной) казны
In book
This article analyzes the jurisprudence in the area of seizure of land through foreclosure. After analyzing the practice of the Superior Courts of the Russian Federation, in the conclusion that there are problems in the regulation of seizure of land under federal ownership. Analysis of the practice of courts of general jurisdiction led to the conclusion that in most cases the courts side with the state and municipal authorities, took the decision to withdraw land through foreclosure.
This article provides empirical analysis of the macroeconomic effects of state presence in the financial sector. We develop a set of criteria and execute statistical estimates of the phenomenon based on BRIC country-level data. We assume that at macro-level negative effects of state presence are not indisputable but considerably depend on the country's stage of economic development. According to our estimates government control over banking industry might stimulate financial intermediation only if economic development is low. In terms of other economic development indicators we conclude that for low-income countries state presence might impede investment activity and productivity growth but as the economy develops these effects flicker out or even reverse.
This article analyzes the extent and sectoral distribution of state ownership in the Russian economy. The different legal forms of state-owned enterprises (SOEs) in Russia are described. Official data on the evolution of the size of the state sector is provided, where the size is measured by the number of SOEs, their share in employment, fixed assets, investment and industrial production. Shortcomings of the official ownership classification are highlighted. Next, the sectoral distribution of SOEs and the degree of their internationalization is described. Finally, data on the SOEs that are listed on the stock market is presented. It gives a picture of a much stronger involvement of the government in medium and large sized companies than what can be inferred from the official data. In a second part (to be published in the next issue of this journal) the governance problems and performance effects of state ownership are discussed.
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 is about twenty-year's experience of privatization in different countries including Russia. The book also includes sestematozation of academic views at the problems of state failures and effectiveness of the state owership.
This article discusses the objectives and challenges for corporate governance of SOEs in Russia, and provides an international perspective of the performance of SOEs as compared to privately owned companies. Recent trends in the policy and management of state property are described. The problems of corporate governance in Russia are described in an agency perspective, and survey evidence on corporate governance and transparency of Russian SOEs is provided. Particular attention is given to the legal construction of the state corporation. The final section on the performance effects of state ownership summarizes the key contributions in the international economic literature in this field.