Privatization Results Of State Unitary Enterprises In The Region
Abstract
Monitoring and analysis of priority directions of state policy in the field of privatization is carried out in the article; and some privatization results of state unitary enterprises of the Chechen Republic for 2013–2020 are summed up. The essence of privatization is to change the ownership form and the subject of ownership of property, state property transfer to the ownership of citizens and legal entities, that is, to private ownership. According to the authors, a layer of new owners is being formed, and the state is disengaged from the costs of maintaining and managing ineffective industries. The transfer of rights must be registered. Privatization is not considered to have taken place until the completion of state registration. Russian President signed a law restricting the activities of state and municipal unitary enterprises and providing for their liquidation in competitive commodity markets by 2025. The exceptions are enterprises created by acts of the president or government, as well as to support the activities of the Ministry of Defense, FSS, FPS, the Ministry of Emergency Situations, the Russian Guard, the Ministry of Internal Affairs, FIA, and other federal departments. The authors conclude that the formation of an effective economy of the Chechen Republic is probable only in the presence of dynamically developing, competing for the consumer, and economic entities of various forms of ownership. In this regard, the task of denationalizing hundreds of unprofitable or ineffective state unitary enterprises, official enterprises, and state institutions is extremely urgent in the republic.
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About this article
Publication Date
29 November 2021
Article Doi
eBook ISBN
978-1-80296-116-4
Publisher
European Publisher
Volume
117
Print ISBN (optional)
-
Edition Number
1st Edition
Pages
1-2730
Subjects
Cultural development, technological development, socio-political transformations, globalization
Cite this article as:
Sulumov, S. K., Gazieva, L. R., & Mazhiev, K. K. (2021). Privatization Results Of State Unitary Enterprises In The Region. In D. K. Bataev, S. A. Gapurov, A. D. Osmaev, V. K. Akaev, L. M. Idigova, M. R. Ovhadov, A. R. Salgiriev, & M. M. Betilmerzaeva (Eds.), Social and Cultural Transformations in The Context of Modern Globalism, vol 117. European Proceedings of Social and Behavioural Sciences (pp. 2557-2562). European Publisher. https://doi.org/10.15405/epsbs.2021.11.337