Formation of the institution of private ownership of agricultural land in a land -poor mountainous region

¹ Institute of Informatics and Regional Management Problems of the KBSC RAS, 360003 Nalchik, Russia
² North Caucasus Mining and Metallurgical Institute (State Technological University), 360020 Vladikavkaz, Russia
³ North Caucasian State Academy, 369001Cherkessk, Russia

^* Corresponding author: salima@list.ru

Abstract

Using the established centuries-old experience of most industrialized countries, in which the mechanisms for the functioning and implementation of private land ownership rights are effective, the reform of land relations in the Kabardino-Balkarian Republic must be carried out primarily through the adoption of measures to ensure that the interests of the entire society are taken into account and protected by conservation, reproduction and efficient use of land resources as the main national wealth. Land is the main, irreplaceable means of production, the most important factor in economic development, and society is interested in the private owner managing it for profit and taking into account public interests. The highest form of democracy is the manifestation of the will of the people through democratic elections, including through a referendum. A referendum allows us to reveal the mood of people and their attitude towards the most important government issues. The will of the people is the guiding principle for government bodies of all branches of government. The proposed Recommendations provide for the regulation of the most important aspects raised during the reform of land legal relations, awareness of which will allow citizens to eliminate uncertainty regarding the need and consequences of introducing private forms of land ownership. An analysis of the situation in the agricultural sector is presented and the basic principles, strategic directions, and stages of land reform are established, which represent successive steps to develop the institution of private ownership of agricultural land in the Kabardino-Balkarian Republic.