On the creation of state-owned companies in the field of food retail: the experience of Russia and foreign countries

Abstract

With regard to the discussions circulating among practitioners, retailers and the scientific community on the idea of launching a new state-owned retail chain in Russia, the article analyzes approaches to the legal framework of state-owned retail chains in Brazil, North Korea and China, which adhere to diametrically opposite arguments regarding their activities, which, of course, is useful for the Russian scientific and practical community to know. The author comes to the conclusion that the idea of state-owned retail chains is discredited as having tendencies towards bureaucratization, corruption, the formation of an incorrect distribution of national wealth, poor organization of their activities, rooted not in the phenomenon itself, but in the minds of the people who lead them into life, many of whom are greedy and always look for and often find loopholes in the laws. Thus, further development of existing digital mechanisms in the form of assessment systems based on econometric approaches as Computable General Equilibrium (CGE) will solve this problem.