Summary №6 2011 г.

Michaylov A.Yu., Moscow
Privatization in Russia: Myths and Reality
The author tries to analyze – avoiding any political and psychological arguments as much as possible – the results obtained by Russia at the major stages of privatization taken place over the last 20 years, to explode the myths created during the privatization and to propose new ideas of privatization to be realized in the near future.
Stages of privatization, lien auction, «people’s IPO», alternative privatization program

Kapelyushnikov R.I., Dyomina N.V., Moscow
Insecurity of Property Rights: the Case of the Russian Manufacturing
The paper attempts to estimate expropriation risks for shareholders in the Russian economy. On the basis of the survey of nearly 1000 manufacturing firms which was conducted in 2009 a series of special «ownership insecurity indices» is constructed and their variation by types of risks and firms is analyzed. Using various econometric techniques the study examines major determinants of ownership insecurity and evaluates its impact on firms investment and innovative activity. The analysis shows that the Russian economy continues to operate on a shaky basis of attenuated and insecure property rights and that under such condition incentives for economic agents to invest in any long-term projects turn out to be inevitably weak.
Рroperty redistribution, market/ non-market risks, protectability, institutional environment

Volkov V.V., Saint-Petersburg
The Behavior of Owners in the Context of Deficit of the Formal Legal Protection
The article describes the practices that compensate for the insufficient formal legal protection of property rights in the Russian business
Рroperty rights, owner, threats to property rights

Kropachev S.V., Krasnoyarsk
The Results of Privatization of State Property in Krasnoyarsk Region
The article is devoted to the results of the process of privatization implemented in Krasnoyarsk region and emphasizes the main steps of the process,  it’s organizers and participants. Also the analyses of the final results of cash, specialized cash and check  auctions, and investment tenders during the period 1991–1999 are presented.
Рrivatization, State and municipal ownership, privatization vouchers, cash auction, specialized cash and check  auctions, investment tenders, commercial tenders

Golovin A.P, Irkutsk
Why are We Stay? Who are We Waiting for?
The decision on gasification of the industrial regions in the Baikal area was made in the late 1980s since a large stock of natural gas had been found in the Irkutsk Oblast. However, over the past years several attempts to develop these deposits and provide the enterprises of energy, petrochemistry, chemistry, and community facilities with natural gas used to fail just beginning to develop. In the author’s opinion, such failures happened due to the struggle between actors of this process (public and private companies) for the principal assets, i.e. hydrocarbon resources in the bowels.
Gasification, Irkutsk Oblast, Kovyktinskoye deposit, hydrocarbon objects

Mikheeva N. N., Moscow
Social Accounting Matrix: Uses and limitations
Social Accounting Matrix (SAM) characterizing processes of distribution, redistributionand final use of incomes of households, enterprises and government is presented. Proportions of redistribution of incomes between institutional sectors in the Russian economy in 1995–2008 are cited. SAM multipliers are defined. Problems of detalied SAM сompilation on the basis of input–output tables are considered.
Social accounting matrix, incomes, households, enterprises, government

Ershov Yu. S., Novosibirsk
Regionalization of National Input–Output Tables
As regional input–output tables cannot be compiled directly, a need emerges to construct them through spatial decomposition of the national table. This article generalizes experience of such work and reports results of estimating the system of regional tables for 2007.
Input–output table, region, kind of economic activity

Ulanov V.L., Moscow
Reforms of the Natural Monopoly
The main issue of the article is the necessity of implementing the Strategy-2020. The core sense of reforms of the natural monopolies is revealed. The recommendations are given for monopolies’ breaking up into smaller units and their partial privatization.
Strategy-2020. Reforms. Natural monopolies

Mikhalev O.V., Omsk
Monitoring of the Economic Stability of the Regional Economic Systems
Stability of economic system of region to changes of an economic conjuncture and its separate factors is considered. The technique of its estimation on the basis of results of monitoring of enterprises spent by Bank of Russia is offered. Russian regions on level of economic stability of their economic systems in 2007 and 2010 on the basis of what are generated directions of perfection to separated Siberian regions are considered.
Еconomic system of region, economic stability, monitoring of enterprises

Ivanova O. P., Antonova I. S., Kemerovo
Management by Investment Attractiveness of Company Town Economy Diversification Projects of Yurga, Kemerovo Area
In spite of the realized in modern terms Russian company town financial support program, providing financing presented and protected in Ministry of regional development of the Complex investment company town modernization plans, the problem of investments attraction in the company town economy diversification projects remains unsolved. The authors offer approach of management by investment attractiveness of company town economy diversification projects on the basis of investor and town community interest cooperation.
Diversification, company town, investment attractiveness, project

Danilov Yu.G., Yakutsk
Progress the Diamond-Brilliancy Complex of Republic Sakha (Yakutia) in New Realities
In article prospects and directions of progress of a diamond–brilliancy complex of Republic Sakha (Yakutia) are analyzed. In conditions globalization of the economic and liberalization of the markets when there is an aggravation of competitive struggle in all fields of activity.
Damond-brilliancy complex, сcompetition, strategic progress

Zausaev V.K., Khabarovsk
The Primary Objective of Strategy of Socio-Economic Development of the Far East and the Baikal Region as far as 2025: Concept or Declaration
The Far East of Russia is now facing the kind of challenges neglecting which it will continue losing the main resource for economic development, the population. The adopted Strategy of Socio-Economic Development of the Far East and the Baikal Region as far as 2025 has set the primary objective of keeping resident population. Regretful to say it is in fact a mere declaration and not the guide to action. Cardinal policies are required to improve the living environment for the Far Easterners. Otherwise the Far East will be lost for Russia economy-wise.
The Far East, challenges, economic security, keep resident population, strategy of development, living environment, a system of policies

Anufrieva N.I., Kuprianova O.B., Novosibirsk
From Healthcare to Economics. Terms’ Adventures
The article is devoted for economic epistemology, sphere now badly known in Russia Specific aspects of categories import to one science to another are analyzed with nine categories transfer from healthcare to economics.
Terminology, healthcare, economics, crisis, inflation, recession, depression, collapse, shock, symptom, syndrome, sanitation