The Improvement of Russian State Regulation of Natural Monopolies in the Sphere of Fuel and Energy Complex

57th International Riga Technical University Scientific Conference on Economics and Enterpreneurship (SCEE'2016): Proceedings 2016
Sergey A. Kirsanov, Yevgeny N. Safonov, Ramirez Tumanian

It'san open secret that nowadays Russia is experiencing housing services systemic crisis: the gas industry investments are strongly constrained by unnecessarily slow pace of reforms. To overcome the crisis the interrelated program is required in all directions and levels. First of all, resolute actions in regulating natural monopolies are of paramount importance. As long as such measures are not adopted, it is impossible to organize effective public regulation. That would lead the conservation of inefficiency and high costs, low shares value on the equity market, underinvestment and conflict relationship between companies and regulators.

Keywords
natural monopolies, reorganization, competitive landscape

Kirsanov, S., Safonov, Y., Tumanian, R. The Improvement of Russian State Regulation of Natural Monopolies in the Sphere of Fuel and Energy Complex. In: 57th International Riga Technical University Scientific Conference on Economics and Enterpreneurship (SCEE'2016): Proceedings, Latvia, Rīga, 14-16 October, 2016. Riga: Riga Technical University, 2016, pp.200-201. ISBN 978-9934-10-860-0. ISSN 2256-0866.

Publication language
English (en)