Carrying out large-scale privatization of state-owned companies under current conditions will not solve the systemic problems of the Russian economy. This is the view in a conversation with IA. Regnum stated by economist Andrei Masterov.
According to him, one of the reasons for this is the high rate of depreciation of fixed assets in key sectors, exceeding 50%. According to the expert, this is due to wrong priorities in business development and lack of discrimination in the selection of management personnel.
“Often more educated staff find themselves at a disadvantage due to business owners not understanding their ideas,” Masterov added.
There is also a shortage of qualified workers and engineers in Russia. According to the economist, these problems cannot be solved without the participation of the state and large-scale investments.
Before that, head of Sberbank German Gref spoke About the advisability of privatizing most state-owned companies. However, economist Safonov believes that Russia already has negative experience in this area.
Previously Russian officials decided Don’t privatize big companies yet.