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Is Private Property in Russia Really Private? (Possible Scenarios of Business’ Development)

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  • N. Popadyuk

Abstract

The characteristics of private property in Russia are analyzed in the article from the political economy point of view. To the author's opinion, the specifics of private property could not have been identified and solved appropriately: the reason is that the highest level of the development of private property - the property on means of production - has not been formed during Russia’s history. That is why adequate institutions of private law as marginal forms of legal consciousness in civil and business spheres could not be established. Real business law is different from the formal legal one. The major cause of such incompliance within de jure and de facto economic norms is the difference between basic economic structures: property on means of production - power-ownership in Russia - and western private property. Understanding of this helps to define problems and possible scenarios of business’ development in Russia.

Suggested Citation

  • N. Popadyuk, 2006. "Is Private Property in Russia Really Private? (Possible Scenarios of Business’ Development)," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 1.
    • Handle: RePEc:nos:voprec:y:2006:id:1700
    DOI: 10.32609/0042-8736-2006-1-144-157
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