OBJECTIVES TO IMPROVE THE STAGE SUBSEQUENT UPON PRIVATISATION (POST-PRIVATISATION) (SUMMARY)

Nikoloz Karchava, Vaja Kakabadze

The present article deals with the analysis of the subsequent (post-privatisation) environment of different enterprise privatisation stages.

The analysis reveals three stages of post-privatisation environment that are distinctly interconnected with the external trade development processes. The stages are as follows:
1. 1992-1995 – low development of post-privatisation, production and, accordingly, external trade;
2. 1996-2001- average development of post-privatisation, production and, accordingly, external trade;
3. From 2001-?
The article also contains proposals for the development of subsequent (post-privatisation) healthy environment of enterprise privatisation, such as: transfer of dividends to joint stock companies for re-investment; attraction of additional investment resources by stimulating secondary emission of joint stock companies’ securities; a state should not conduct investment policy by taking immediate part in investments, but rather by creating favourable conditions for promoting investment activities; use of innovative sectors of small and mid-size businesses of state sector for priority development.
The given analysis of the article displays the part of privatisation processes that plays a great role in the activity of post-privatisation environment. The latter makes influence on such macroeconomic indicators of the country as GDP, employment, inflation, etc.