Privatization and Transition in Russia in the Early 1990s

Table of contents

1. Cover
2. Half Title
3. Title Page
4. Copyright Page
5. Table of Contents
6. List of illustrations
7. Acknowledgements
8. Introduction
   1. Background to the book
      1. A guide to the book
      2. Why is the book significant?
   2. Privatization prior to 1992: a synopsis
9. 1. Privatization and the Russian transition: perspectives
   1. Background to privatization in Russia
      1. Pressure for reform, 1985–1991
      2. The decisions
   2. Perspectives on privatization
      1. The early reputation of privatization
      2. Reception of reform: mid-1990s
      3. What went wrong?
      4. The consensus shift
      5. Further reflections
   3. Conclusion
10. 2. The Mass Privatization Programme: the ideas, their evolution and their embodiment in law
    1. Introduction
    2. Who was responsible for privatization?
       1. Constitutional considerations
       2. Institutional considerations
    3. The ownership of Russian enterprises prior to the 1992 Privatization Programme
       1. The appointment and involvement of the reformers
    4. The Privatization Programme of June 1992
       1. Categories of enterprise
       2. Privatization options
       3. Other aspects
       4. Vouchers
    5. Discussion
11. 3. Reforming the communist inheritance: the goals and limits of privatization
    1. The command economy
       1. The role of money and prices
       2. Efficiency, profitability and productivity
       3. Credit and capital
       4. Commercial law
    2. Monopoly and transport systems
       1. Enterprise towns and the social role of enterprises
       2. Labour and labour mobility
    3. The goals of privatization
       1. Economic objectives
          1. Ownership
          2. Creating a market economy
       2. Social and political objectives
          1. Generating popular support
          2. Changing attitudes
          3. The end of the command-administrative economy
       3. Summary
12. 4. Implementation of privatization, 1992–1994
    1. Implementing the 1992 programme
       1. Privatization of small enterprises
    2. Privatization of medium and large enterprises
       1. The challenge from associations and holding companies
       2. Response by enterprises
       3. Voucher design and its effects
       4. Implementation on the ground
       5. What was being sold and how?
       6. What was achieved?
13. 5. Implementation of privatization after 1994
    1. Introduction
    2. Interpretations
    3. Summary of the LFS arrangement
    4. The historical context
       1. 1994
       2. 1995
       3. The period in perspective
14. Conclusion
    1. Introduction
    2. Politics
    3. Economics
    4. Philosophy
    5. Summary
15. Appendices
    1. Appendix 1
       1. Text of the 1992 Privatization Programme
       2. State privatization programme of state and municipal enterprises in the Russian Federation in 1992
          1. 1 Introduction
          2. 2 Classification of facilities and businesses according to the possibility of privatization in 1992
          3. 3 Estimatedfigures (indicators) ofprivatization for organs of state power and management
          4. 4 Norms of distribution offunds from privatization in 1992 and forecast of their revenues from 1992 to–1994
          5. 5 Methods of privatization and the benefits provided by privatization in 1992
          6. 6 Conditions offering credit for privatization in 1992
          7. 7 The use ofpersonal privatization deposits of citizens in 1992
          8. 8 The use of foreign investment
          9. 9 The order of interrelations of state privatization organs among themselves, with other organs of state management and budgets of all levels
          10. 10 Formation of special-purpose financial funds using the revenue received from privatization
          11. 11 Requirements for local programmes of privatization
    2. Appendix 2
       1. The role of associations
          1. 1 Representing the firms
          2. 2 Supply coordination
          3. 3 Implementation of R&D
          4. 4 Marketing
          5. 5 Investment/financing
          6. 6 Production coordination
       2. Conclusion
    3. Appendix 3
       1. Inter-enterprise debt
          1. Inter-enterprise debt background
    4. Appendix 4
       1. The conduct of voucher auctions in the Russian regions
          1. Smolensk voucher auctions
          2. Privatization in Novosibirsk
          3. The privatization process
          4. Setting up a privatization centre
          5. Voucher trading
16. Notes
17. References
18. Index