The Regulation of Natural Monopolies Goes Ahead Market Development

6 Pages Posted: 1 Sep 2015

See all articles by Georgy Idrisov

Georgy Idrisov

Gaidar Institute for Economic Policy

Ekaterina Ponomareva

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA); Gaidar Institute for Economic Policy; Russian Foreign Trade Academy

Date Written: August 31, 2015

Abstract

There are three most significant problems for infrastructure sectors of Russia's economy: determination the boundaries of markets for natural monopolies; considerable reduction the scale of cross-subsidization, and attraction of public and private capital into the infrastructure sectors. In this respect, the latest Government initiatives for establishing united natural monopolies regulator seem to outstrip market development. In our view, denoted problems rather than questions about the agency that should make the decisions on the regulation of natural monopolies should be overriding in government policy related to natural monopolies.

Keywords: Russian economy, natural monopolies, cross subsidization

JEL Classification: D42

Suggested Citation

Idrisov, Georgy and Ponomareva, Ekaterina, The Regulation of Natural Monopolies Goes Ahead Market Development (August 31, 2015). Available at SSRN: https://ssrn.com/abstract=2653844 or http://dx.doi.org/10.2139/ssrn.2653844

Georgy Idrisov (Contact Author)

Gaidar Institute for Economic Policy ( email )

Gazetny Lane 3-5
Moscow, 125993
Russia

Ekaterina Ponomareva

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) ( email )

Vernadskogo Prospect 82
Sredny av. V.O., 57/43
Moscow, St. Petersburg 119571
Russia

Gaidar Institute for Economic Policy ( email )

3-5 Gazetny Lane
Moscow, 125009
Russia

Russian Foreign Trade Academy ( email )

Pudovkina str, 4a
Moscow, 119285
Russia

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