Authors: M. Shilberg

Title of the article: Development of property relations: the optimum of public and private ownership

Year: 2021, Issue: 3, Pages: 26-34

Branch of knowledge: 5.2.1 Economics

Index UDK: 338.2

DOI: 10.26730/2587-5574-2021-3-26-34

Abstract: Economic property relations are the main "pivot" of any economic system and the key to the success of its transformation. The economy of the People's Republic of China in the near future will strengthen its position in the global system and over-come the limitations of accelerating economic growth associated with the efficient use of capital by private and state enterprises. The efficiency of the national econ-omy can be increased by optimizing the ownership and use of factors of production in the public and private sectors. The privatization process, which began in the economy of the People's Republic of China from the first years of market reforms, runs parallel to the processes of nationalization. In this regard, the article examines the issues of the balanced development of property relations in the course of privatization and nationalization, highlights the risks of nationalization of the economy.

Key words: property privatization nationalization economic relations

Receiving date: 15.09.2021

Approval date: 03.10.2021

Publication date: 17.12.2021

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