The privatization process in the russian Federation 1992-2001

Abstract

The property relations reforms are seen as the main elements of the post-socialist market transformation. As a result of the economic reforms carried out in the Russian Federation during the last ten - fifteen years, the fundamental changes of the ownership structure have occurred: the enterprises of different ownership forms have appeared, gradually the efficient owner and efficient corporate governance structures are appearing, the state is accumulating experience in carrying out economic policy in capitalist market economy. The aim of the thesis is to examine the process of privatization in the Russian Federation during the period of 1992-2001. The problems that I treat in the thesis are: the state of the Russian economy at the beginning of 1990s and the heritage of 'perestroika'; the first steps towards a free market economy; three stages of the privatization in Russia; main economic results of privatization and social aspects of privatization. The thesis consists of three chapters. The first chapter is devoted to the state of the Russian economics at the beginning of 1990s and to the "perestroika" heritage. It covers first steps towards market economy and analysis of first 'market' legal acts that served as a criterion for the completion of the preparatory stage and a foundation for introduction of the...