The article considers the criteria for the efficient use of state property in a globalizing world. According to the author these criteria include capitalization, amount of taxes paid, amount of wages paid and amount of investments. Provided the main condition for improving the efficiency of state property management is maximizing the income for a given cost or minimizing costs for a given income, the author concludes that the value of the public economic sector considerably exceeds the amount of property actually required for the state to execute its public functions.
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