Market in Forest Products and Resources in Russia: the Development Trend

Nikolaichuk Aleksandr A. ()
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Nikolaichuk Aleksandr A.: Saint-Petersburg State University, Saint-Petersburg, Russia

Finansovyj žhurnal — Financial Journal, 2010, issue 4, 57-66

Abstract: The article author dwells on the formation and development of the market in forest products and resources and on the search for an efficient way to publicly manage the resources. The specificity of the property rights dictates the special way in which the forest resources are used in Russia. Namely, the right of ownership and disposal rests with the state and the right to use the resources belongs to the individuals thus making the market unmanageable. In order to form an efficiently operating market of forest resources, the government should find an economic mechanism that could help get the maximal revenue (rent) by improving the enterprises’ profitability and by forming public private partnerships.

Keywords: forest resources management; market in forest products and resources; forest law; forest use; differential rent; public private partnership (PPP) (search for similar items in EconPapers)
Date: 2010
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