DIFFICULTIES IN THE PRIVATISATION AND REORGANISATION OF THE AGRICULTURAL ENTERPRISES IN RUSSIA

Presently Russia is experiencing the complicated process of transforming the economic system of central planning into a socially oriented market economy. Of great importance for the success of this process is the institutional reshaping of the agricultural sector, particularly the privatisation of land and assets. In this paper the procedure and the problems of privatising Russian agriculture are extensively discussed against the background of the unfavourable development of the Russian agricultural sector.