THE PRIVATIZATION OF THE STATE SECTOR OF THE ECONOMY IN DEVELOPED AND DEVELOPING ECONOMIES

Abstract

In this article the author considers the process of optimization of the public sector and the search for methods of efficient management of state property in developed and developing countries. In foreign countries for all the diversity of the methods and forms optimization of the state sector of the economy begins with the restructuring and improving the efficiency of the privatized property. However, the functioning of the economy is not necessarily connected with carrying out of General privatization of state property. Privatization in the developed countries took place in the framework of development of the market environment. Privatization in the former socialist countries is connected the transition from an administrative command to a market economic system. In this case, privatization is of systemic transformations related to the relations of ownership. This principle is essentially distinguishes the privatization process carried out in developed and developing countries.

Keywords

• corporate governance form
• method for the effective management of state property management
• privatization
• restructuring of state enterprises