PEOPLE’S ENTERPRISES IN THE SYSTEM OF THE WORLD ECONOMY DEMONSTRATE COMPETITIVENESS.WHAT IS THEIR FATE IN RUSSIA?

V. I. Bestolkov ()

Russian Journal of Industrial Economics, 2015, issue 2

Abstract: It so happened that at present more than 70 % of the property in Russia are in possession of one percent of the population. Such a model of capital concentration was recognized by Western economists a few decades ago as ineffective. Concentration of capital neither promotes any increase in labor productivity of enterprises nor economic growth in Russia as a whole. In this regard, the ways to improve the their productivity, the growth of enterprises employees engagement in the end result of their activity are increasingly discussed. Many proposals to solve these problems relate to the development of collective forms of ownership, to cooperatives and national enterprises. The development of cooperation, the support of national enterprises , the involvement of ordinary workers in economic activities of their companies, should be in our opinion, an integral part of the strategic plan for further development of the economy.In this article the operation of enterprises with joint-stock property workers under current economic situation is discussed. Even back in 1998 when discussing the draft and the subsequent adoption of the Federal Law of 19.07.98 № 115 «On the peculiarities of the legal status of share holding societies (national enterprises)» many critics talked about their artificiality and insolvency. Such entities operate now for 15 years confidently proving their competitiveness. The author discusses the positive aspects of people’s enterprises, indicates their problems.

Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ach:journl:y:2015:id:116

DOI: 10.17073/2072-1633-2014-2-4-9

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