Chairman of the Federation Council of the Russian Parliament analyzes the problems of establishing legal rules and institutional environment for the future market economy of Russia. In particular, the reasons for failures in law-making during the recent period of reforms are considered. The article focuses on the laws which should be passed urgently, for example, on the relations of property, on distribution of subjects of conducting between the federal centre and the subjects of Federation, on the order of development of agreements between employers and trade unions, on legal frameworks of activity of natural monopolies and principles of integration in the international division of labor.
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