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.
The author works for the Secretariat of the United Nations Economic Commission for Europe. The views expressed here are his own and do not necessarily reflect those of the Secretariat.
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Notes
CIS Statistical Committee, Statisticheskii Byulleten’, 21 (June 1995), p. 49.
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.
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.
Darrell Slider, ‘Privatization in Russia’s Regions’, Post-Soviet Affairs, 4, October–December (1994), p. 387.
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© 1993 Patrick Artisien, Matija Rojec and Marjan Svetličič
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Adjubei, Y. (1993). The Problems of Foreign Capital Participation in Russia’s Privatization. In: Artisien-Maksimenko, P., Rojec, M. (eds) Foreign Investment and Privatization in Eastern Europe. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-22648-1_9
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DOI: https://doi.org/10.1007/978-1-349-22648-1_9
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