Activity of State-owned Enterprises: How to Evaluate their Effectiveness?

Abstract

We show that economic well-being is determined by various factors. But at the same time objective attributes don’t always affect the subjective measure of personal well-being. However the formation of stable macroeconomic environment is a core condition of a social development. Modern society claims to increase the number of state functions related to human wellbeing, economic growth, national defense capability etc. Such expansion has to be evaluated. In this paper, we define some approaches to the performance evaluation of the state institutions of development. We analyze the activity of State Corporation Deposit Insurance Agency in the context of the human wellbeing in Russia.