The intensification of the general crisis of capitalism and mounting economic difficulties are accompanied by tougher competition among the leading directions of bourgeois political economy. This struggle is particularly graphic in the case of such acute economic and social problems as...

The article deals with key tendencies in the development of Russia's mergers and acquisitions (M&A) market in the first decade of the twenty-first century. It reveals the importance of the active role played by the state in the area of corporate control. Special attention is given to the...

The principal thrust of privatization in 1995 was the sharp decline of its quantitative indicators (see Table 1). Fewer than 4,000 enterprises submitted privatization applications and approximately 6,000 were privatized (or 5 percent of the total number of privatized enterprises). The breakdown...

The article explores the difficulties related to the Law on Bankruptcy of Russia and its enforcement. The lawfulness of the changes made to the bankruptcy legislation is analyzed. A special emphasis is placed on the challenges that emerged in the bankruptcy legislation as a result of the...

In the contemporary economic literature, the explicit (defined), stable, and predictable nature of property rights is considered to be a highly important factor in economic growth and is directly associated with economic development.sup1/sup The role of explicitly defined property rights can...