Advanced Search
MyIDEAS: Login

The Progress Of Privatization And The Situation In Regard Of Ownership Relations In 2013

Contents:

Author Info

  • Alexander Radygin

    (Gaidar Institute for Economic Policy)

  • Georgiy Malginov

    (Gaidar Institute for Economic Policy)

Registered author(s):

    Abstract

    The most important event of 2013 was the approval of the Forecast Plan (Program) of Federal Property Privatization and the Main Directions of Federal Property Privatization for 2014–2016. Its most significant distinctive feature, in which it differs from the previously issued document of the same type, was the introduction of some serious alterations to the privatization plans for biggest companies. The list of assets earmarked for privatization remained essentially the same as before. However, in contrast to the privatization program for the period of 2011–2013, the reduction of state participation in the capital of many biggest companies will by no means imply that the government is going to lose the right of corporate control, or at least the possibility to influence corporate governance procedures. The aggregate volume of federal budget revenue generated by privatization (or sale) transactions and use of state property in 2013 will drop on the previous year by nearly one-third, and by more than half when adjusted by the amount of revenue generated in 2012 by the RF Central Bank (the Bank of Russia) from the sale of a stake in Sberbank. Nevertheless, the revenue figure for 2012 in this budget item was the third highest since the early 2000s following the record high of 2012 and the 2011 indices.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.iep.ru/files/RePEc/gai/recdev/331Radygin.pdf
    Download Restriction: no

    Bibliographic Info

    Article provided by Gaidar Institute for Economic Policy in its journal Russian Economic Developments.

    Volume (Year): (2014)
    Issue (Month): 5 (May)
    Pages: 33-37

    as in new window
    Handle: RePEc:gai:recdev:331

    Contact details of provider:
    Postal: Gazetny lane 5, 125993, Moscow
    Phone: (495) 629-6413
    Fax: (495) 203-8816
    Email:
    Web page: http://www.iep.ru/
    More information through EDIRC

    Related research

    Keywords: THE PRIVATIZATION ; THE STATE OF PROPERTY RELATIONS;

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:gai:recdev:331. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Victor Hugues).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.