| | PROBLEMS OF MODERN ECONOMICS, N 4 (40), 2011 | | ISSUES OF ECONOMIC THEORY. MACROECONOMICS | | Malakhov R. G. Assistant Professor of Altai State University (Barnaul) PhD (Economics)
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| Based on the existing approaches to institutional changes the author suggests a new concept that takes into consideration political, economic, social and legal factors of institutional changes regarded in their logical succession. The article then focuses on privatization that was conducted in Russia at the end of the XX c | Key words: privatization, property, institutional dimension, institute | |
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