Institutional and Organizational Support for Concession Activities in Russia During the New Economic Policy (NEP)

The article analyzes the acts in compliance with which the state committees that carried out the concession activity were formed, and considers the issues of correlation of their powers with the powers of other state bodies, including trade missions of Russia in foreign countries. The author provides economics and law expert evaluation of state efforts given in literature (both during the period under review and during the modern period). The author comes to the conclusion that, by the end of the 1920s, two forms of concession had developed, namely: the so-called pure and mixed concessions. The former was completely based on foreign capital. In this case the concessionary enterprise was operated independently by a foreign concessionaire. The latter presupposed the existence of joint capital-foreign and Russian (state or cooperative). Pure concessions prevailed in Russian concession practice. Mixed concessions operated mainly in the sphere of commerce. Their formation was possible only if a special joint-stock company was organized in advance.

Russia, NEP, foreign capital, concession, institutionalization of concessions, forms of concessions, pure concession, mixed concession, Main Concession Committee (Glavkoncesskom), legal nature of the acts of Glavkoncesskom, committees under trade missions

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