ACTUAL PROBLEMS OF REGULATION OF PRIVATIZATION PROCESS IN THE CONTEXT OF IMPROVEMENT OF PUBLIC FINANCIAL MANAGEMENT STRATEGY
Journal Title: Економіка та суспільство - Year 2017, Vol 9, Issue
Abstract
The article is devoted to analyze of the actual problems of regulation of privatization processes in the context of improving public financial management strategy. The analysis of the economic approaches to research of the effectiveness of privatization led to the conclusion that the modern view on the privatization process is based on the maximization of social welfare. The list of required elements for improvements of the effectiveness of the regulatory system of the privatization that can significantly improve the public financial management system is proposed. The necessity for introduction of system of evaluation and supervision of compliance with contract agreements is noted. The importance of development and implementation of an effective and reliable mechanism for the return of assets to public property is underlined. The importance of implementation of a losses compensation mechanism from the improper use of facilities in case of non-compliance with contract terms by private investors is emphasized.
Authors and Affiliations
Ю. В. Корнєєва
Keywords
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