On “small” privatization in the Russian Federation(1992 to first quarter of 1993)

Discusses the privatization of state enterprises in the Russian Federation since 1992. The enterprises scheduled to be sold to the public were to be small by volume of activities and included those producing and distributing consumer goods and services. This was called“small” privatization. Figure show Figure this process has been very slow and only certain branches of state property have been bought. Sales have been through auctions rather than conversion to joint‐stock companies.