THE MECHANISM OF IMPLEMENTATION OF THE PRINCIPLE OF «YELLOW PAGES RULE» IN KAZAKHSTAN
Abstract
Purpose – To consider the mechanism for implementing the "Yellow Pages Rule" principle in the process of privatization in Kazakhstan's practice, to analyze the intermediate results of privatization and to determine the impact of a change of ownership on the development of the company.
Methodology – The study was carried out using the method of comparison, i.e. the rule of "yellow pages" was considered on the data of Kazakhstan. Methods of observation, quantitative analysis and comparison were also used.
Originality/value – The author described the mechanism of the "Yellow Pages Rule" and step-by-step use in the example of Kazakhstan. Based on the study of this principle, the functions of participants in the privatization process were singled out. Also, the pros and cons of privatization in Kazakhstan were identified.
Findings – The results of the research showed that the use of the Yellow Pages Rule principle in Kazakhstan is not as effective as in Singapore, since not all rules, namely the profile of the objects, were taken into account when developing the privatization program, that is, most of the assets belong to social spheres in which the rules of the "yellow pages" provide for the full presence of the state. And in connection with the unattractiveness of objects, privatization is proceeding at a slow pace. Based on the results of the analysis, the impact of privatization on the further development of the facility after transferring it to private hands was determined.
References
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Review
For citations:
Chereyeva B. THE MECHANISM OF IMPLEMENTATION OF THE PRINCIPLE OF «YELLOW PAGES RULE» IN KAZAKHSTAN. Central Asian Economic Review. 2018;(3):27-36. (In Russ.)
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