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The Problems of Foreign Capital Participation in Russia’s Privatization

  • Yuri Adjubei

Abstract

Privatization has been, so far, one of the most visible achievements of market economic reforms in Russia. Along with economic stabilization and institution-building, privatization creates prerequisites of structural transformation and economic efficiency gains in the future. This opportunity is generated by the emergence of new private enterprise owners, changes in managerial elites and improved corporate governance.

Keywords

Corporate Governance Foreign Investment Foreign Capital Foreign Company Privatization Programme 
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Notes

  1. 4.
    CIS Statistical Committee, Statisticheskii Byulleten’, 21 (June 1995), p. 49.Google Scholar
  2. 7.
    Finansovye Izvestiya, 26 October 1995; V. Gimpel’son, ‘Chastnyi sektor v Rossii: zaniatost’ I oplata truda’ (Russia’s private sector’s employment and labour remuneration), Mirovaya Ekonomika i Mezhdunarodnye Otnosheniya, 2 (1997), p. 84.Google Scholar
  3. 22.
    See Y. Adjubei, ‘Russia: A largely Untapped Potential’ in P. Artisien-Maksimenko and Y. Adjubei (eds) Foreign Investment in Russia and Other Soviet Successor States, Macmillan, Basingstoke and London, 1996.Google Scholar
  4. 24.
    Darrell Slider, ‘Privatization in Russia’s Regions’, Post-Soviet Affairs, 4, October–December (1994), p. 387.Google Scholar

Copyright information

© Patrick Artisien, Matija Rojec and Marjan Svetličič 1993

Authors and Affiliations

  • Yuri Adjubei

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