Contrarily, the state-controlled economy is based on state ownership of property. That is why one of the first steps when transforming a market economy into a state-controlled one is the imposition of strict limits on private property, with the process of nationalization being by far the most drastic method used. On the other hand, the process of creating true open market relations requires creating conditions for the complete affirmation of private property. Bearing in mind the ways in which the largest portion of state property was initially created in communist countries, it would seem logical to introduce denationalization as a first step towards a market economy, before beginning with the privatization processes. Even more so because arguments suggesting restitution or full and adequate compensation for rightful owners are not only of strictly ethical and political nature.
Denationalization is an economic and speedy way to determine rightful ownership.
And finally, a practical implementation, instead of just words and pronouncements is the best way to successfully persuade the domestic and international public in the state's irreversible determination to build an open market economy. It was exactly with this in mind that the largest part of the former socialist countries turned to denationalization as their priority task. Almost all of these countries passed denationalization laws prior to the process of privatizing state-owned property. In a considerable number of them, the rightful owners have either been given their property back or justly compensated. The goal of this analysis is to effectively contribute to the acceleration of the denationalization process in Macedonia, by clarifying essential economic aspects concerning the process.