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The process of privatizing state-owned property assets such as agricultural or manufacturing enterprises is considered in the paper. An optimal timing model is employed to investigate the question of the best time to privatize a state-owned property asset. Beyond the optimal timing question, the author also analyses the simultaneous question of the optimal amount of new fixed investment that should accompany privatization. In both cases, comparative static analysis is employed to determine how fluctuations in net income streams before and after privatization and tax rates that apply to land and capital improvements affect the optimal timing and capital investment decisions. The results provide important insights for the design of privatization policies.

State property serves as an essential provision for ensuring the improvement of society's quality of life, the growth of economic welfare, social security, political stability and cohesive development in all facets of life. The purpose of the article is to analyze the current variety of property classifications, to perform an analysis of state property values and their management system. When transforming the state property management system towards a higher level of effectiveness, it is necessary to perform a comprehensive state property valuation which would fully reflect the structure of state property in both a quantitative and a value sense.

State property serves as an essential provision for ensuring the improvement of society's quality of life, the growth of economic welfare, social security, political stability and cohesive development in all facets of life. The purpose of the article is to analyze the current variety of property classifications, to perform an analysis of state property values and their management system. When transforming the state property management system towards a higher level of effectiveness, it is necessary to perform a comprehensive state property valuation which would fully reflect the structure of state property in both a quantitative and a value sense.

State property serves as an essential provision for ensuring the improvement of society's quality of life, the growth of economic welfare, social security, political stability and cohesive development in all facets of life. The purpose of the article is to analyze the current variety of property classifications, to perform an analysis of state property values and their management system. When transforming the state property management system towards a higher level of effectiveness, it is necessary to perform a comprehensive state property valuation which would fully reflect the structure of state property in both a quantitative and a value sense.

State property serves as an essential provision for ensuring the improvement of society's quality of life, the growth of economic welfare, social security, political stability and cohesive development in all facets of life. The purpose of the article is to analyze the current variety of property classifications, to perform an analysis of state property values and their management system. When transforming the state property management system towards a higher level of effectiveness, it is necessary to perform a comprehensive state property valuation which would fully reflect the structure of state property in both a quantitative and a value sense.

данная статья определяет механизм управления государственной собственностью ; раскрывает способ образования и основные виды законодательных норм государственной собственности как объекта управления ; рассматривает правовые свойства понятия «государственная собственность» ; а также сущность и значимость управления государственными активами ; подтверждает систематичность управления государственной собственностью ; предоставляет анализ правового режима механизма администрации в области применения прав государственной собственности ; исследует проблему повышения эффективности правовой поддержки динамики административных отношений ; воспринимая государственные активы как объект. ; this article determines the mechanism state property management ; presents a study of formation and the main trends of legislative regulation of state property as an object of management ; examines the legal characteristics of the phenomenon of state property ; as well as the nature and significance of the state assets management ; substantiates the systemic nature of state property management ; presents an analysis of the legal framework of the mechanism of administration in the sphere of exercising state property right ; investigates the problem of increasing the efficiency of legal support of the dynamics of administrative relations ; the latter having state assets as their object.

State property serves as an essential provision for ensuring the improvement of society's quality of life, the growth of economic welfare, social security, political stability and cohesive development in all facets of life. The purpose of the article is to analyze the current variety of property classifications, to perform an analysis of state property values and their management system. When transforming the state property management system towards a higher level of effectiveness, it is necessary to perform a comprehensive state property valuation which would fully reflect the structure of state property in both a quantitative and a value sense.

В последние годы отношение к государственной собственности резко изменилось. Начало формирования в стране рыночной экономики повлекло за собой снижение роли госсобственности, некогда имеющей безоговорочное признание приоритетности и универсальности. Вновь усиливается влияние государства на экономику, на формирование её реального сектора. Использование государственной собственности в национальных интересах и эффективное управление ею позволят укрепить нашу экономику. В статье автор рассматривает объекты государственной собственности и ее содержание, обосновывает необходимость эффективного использования государственной собственности. ; In recent years related to state ownership has changed dramatically. Start building the country's market economy resulted in a reduction of the role of government property, once having unconditional acceptance priority and universality. Once again, the influence of the state on the economy, on the formation of its real sector. Use of state property in the national interest and its effective management will strengthen our economy. The author considers the state property and its contents, justifies the need for efficient use of public property.

EN: Article deals with administrative-legal mechanism of state property management on example of the Russian Federation and the Republic of Belarus. Modern science is interested in comparative analysis of approaches to the management of state property in the States under consideration. The criteria of inclusion of objects in the state property formulated based on the existing legal relations allow the author to conclude that the subject of state property management is interested in the possibility of exercising the right of management, which will be the basis for determining such property as the object of such management. ES: El artículo trata sobre el mecanismo administrativo-legal de la administración de bienes estatales, por ejemplo, la Federación de Rusia y la República de Belarús. La ciencia moderna está interesada en el análisis comparativo de los enfoques para la administración de la propiedad estatal. Los criterios de inclusión de objetos en la propiedad estatal formulados en base a las relaciones legales existentes permiten a los autores concluir que el sujeto de la administración de la propiedad estatal está interesado en la posibilidad de ejercer el derecho de administración, que será la base para determinar dicha propiedad como objeto de dicha gestión.

The Unitary State of the Republic of Indonesia has one of the primary objectives to realize the welfare of the people, while a welfare state focuses on equitable distribution to the community.Regulating the separated state finances as capital in state-owned enterprises is very important for developing the country's economy.The problem often occurs that many of the directors of state-owned enterprises caught for corruption cases have caused losses to the state due to the unclear position of state finances in those organizations. The research was a normative one through the prevailing laws and regulations. Also, the separated state assets will be the wealth of state-owned enterprises, so the loss belongs solely to the state-owned enterprises