Integration of Business Mechanisms in the Housing and Utilities Sectors

Abstract

The public sector found in a modern market economy incorporates business elements in its activities. Commercialization affects the social sphere as well, even touching the housing and utilities sectors. The trend is global, most prevalent in countries with a more liberal economic model. Despite differences among Russian experts, the modernization of the public sector is also happening in Russia. Aim. Optimizing social sphere management and improving its efficiency is one of the most crucial problems of a post-transitional economy. This study is aimed at identifying trends in the management of key industries within the housing and utilities sectors. Tasks. This study analyzes the current state of the housing and utilities markets, identifies key factors of its workings, and provides recommendations. Results. The conclusions and recommendations provided in this study are rather general in nature. Nevertheless, the problems and inconsistencies in the management of the examined sectors are identified, the current state and prospects of reforms conforming to the requirements of a market economy are analyzed.