Government role in the formation of favorable institutional environment enabling regional industrial complex development. The Moscow City case study

The paper estimates the status of governmental regulation of post-socialist economy transformation process. It concludes about the strategic importance of creating effective institutional environment and the need to increase the role of government in its formation. Main lines of institutional environment improvement at the current stage of reforms are discerned. The paper adduces the examples of Moscow government's actions in search of mechanisms ensuring both public law compliance and the improvement of enterprise business practices within an integrated business system and in view of enterprises interests balance, economic progress, and national interests.