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<article article-type="research-article" dtd-version="1.3" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xml:lang="ru"><front><journal-meta><journal-id journal-id-type="publisher-id">voprecotest</journal-id><journal-title-group><journal-title xml:lang="ru">Вопросы экономики</journal-title><trans-title-group xml:lang="en"><trans-title>Voprosy Ekonomiki</trans-title></trans-title-group></journal-title-group><issn pub-type="ppub">0042-8736</issn><publisher><publisher-name>Voprosy Ekonomiki, NP</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.32609/0042-8736-2004-6-57-78</article-id><article-id custom-type="elpub" pub-id-type="custom">voprecotest-1907</article-id><article-categories><subj-group subj-group-type="heading"><subject>Research Article</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="ru"><subject>ПРИВАТИЗАЦИЯ: ИНСТИТУЦИОНАЛЬНЫЙ АНАЛИЗ</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="en"><subject>PRIVATIZATION: INSTITUTIONAL ANALYSIS</subject></subj-group></article-categories><title-group><article-title>Российская приватизация: подходы и последствия</article-title><trans-title-group xml:lang="en"><trans-title>Russian Privatisation: Approaches and Consequences</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author" corresp="yes"><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Андрефф</surname><given-names>В.</given-names></name><name name-style="western" xml:lang="en"><surname>Andreff</surname><given-names>V.</given-names></name></name-alternatives><bio xml:lang="ru"><p>профессор экономики</p></bio><xref ref-type="aff" rid="aff-1"/></contrib></contrib-group><aff-alternatives id="aff-1"><aff xml:lang="ru">Университет Париж 1 Пантеон-Сорбонна<country>Франция</country></aff><aff xml:lang="en">Université Paris 1 Panthéon-Sorbonne<country>France</country></aff></aff-alternatives><pub-date pub-type="collection"><year>2004</year></pub-date><pub-date pub-type="epub"><day>20</day><month>06</month><year>2004</year></pub-date><volume>0</volume><issue>6</issue><fpage>57</fpage><lpage>78</lpage><permissions><copyright-statement>Copyright &amp;#x00A9; Voprosy Ekonomiki, NP, 2004</copyright-statement><copyright-year>2004</copyright-year><copyright-holder xml:lang="ru">Voprosy Ekonomiki, NP</copyright-holder><copyright-holder xml:lang="en">Voprosy Ekonomiki, NP</copyright-holder><license xlink:href="https://www.vopreco.ru/jour/about/submissions#copyrightNotice" xlink:type="simple"><license-p>https://www.vopreco.ru/jour/about/submissions#copyrightNotice</license-p></license></permissions><self-uri xlink:href="https://www.vopreco.ru/jour/article/view/1907">https://www.vopreco.ru/jour/article/view/1907</self-uri><abstract><p>В настоящей статье анализируется приватизация в пост-советских экономиках (ПСЭ) с точки зрения подхода Р. Коуза, так как разработчики программы приватизации ссылались на теорему Коуза в качестве ее обоснования. Однако приватизация была ориентирована и на достижение ряда политических целей. Анализ показывает, что массовая приватизация принесла множество выгод инсайдерам, прежде всего менеджерам. Хотя в ходе денежной приватизации произошло некоторое перераспределение собственности, основными бенефициарами приватизации остались менеджеры и олигархи. Последние превратились в экономическую элиту России, воспользовавшись мошенническими и печально известными залоговыми аукционами, основным результатом которых стала приостановка приватизации. Недавно приватизация была возобновлена уже "точечным" образом. Затем предложена критическая (неортодоксальная) оценка обусловленных приватизацией и сохраняющихся после ее завершения проблем, связанных с трансакционными издержками и управленческими затратами.</p></abstract><trans-abstract xml:lang="en"><p>The article analyses privatisation processes in post-Soviet economies from a Coasian standpoint, with a focus on the Russian privatisation strategy, since its designers have attempted to justify it by references to the Coase theorem. However, more political targets have basically inspired the major programmes of privatisation in post-Soviet economies. The analysis shows that mass privatisation has benefited insiders, first of all incumbent managers. Although cash privatisation has reallocated a part of privatised assets, insiders and "oligarchs" still remain major winners. The latter took advantage of the rigged and infamous loans for shares scheme of privatisation which main effect was to stop the privatisation drive. Privatisation has recently been resumed on a case-by-case basis.</p></trans-abstract><kwd-group xml:lang="ru"><kwd>приватизация</kwd><kwd>перераспределение собственности</kwd><kwd>залоговые аукционы</kwd></kwd-group><kwd-group xml:lang="en"><kwd>privatisation</kwd><kwd>property redistribution</kwd></kwd-group></article-meta></front><back><ref-list><title>References</title><ref id="cit1"><label>1</label><citation-alternatives><mixed-citation xml:lang="ru">Aghion P., Blanchard O.On Privatization Methods in Eastern Europeand Their Implications // Economics of Transition, 1998, vol. 6, No 1.</mixed-citation><mixed-citation xml:lang="en">Aghion P., Blanchard O.On Privatization Methods in Eastern Europeand Their Implications // Economics of Transition, 1998, vol. 6, No 1.</mixed-citation></citation-alternatives></ref><ref id="cit2"><label>2</label><citation-alternatives><mixed-citation xml:lang="ru">Alexeev M. 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