UK productivity stagnated after the Great Recession of 2008-09 and remains about 15 percent below historical trends. This 'productivity puzzle' is due to a mixture of cyclical and structural effects - the fall is not entirely permanent; and has led to a widening of the longstanding gap with...

В статье рассматриваются различные подходы к исследованию института собственности. Делается акцент на важности делиберативного процесса во взаимодействии...

Государственная экономическая политика является основным рычагом регулирования экономики страны. Ее интеграция с планами развития региона и предприятий...

Will aid given to specific sector promote growth? Will bilateral aid be more effective than multilateral aid in export promotion? This paper fills a gap in the literature by studying the implications of aid channeled specifically to trade and export oriented growth. Many African Countries look...

A common view is that the performance of the UK economy between 1997 and 2010 under Labour was very weak and that the current economic problems are a consequence of poor policies in this period. In this report, we analyse the historical performance of the UK economy since 1997 compared with...

A common view is that the performance of the UK economy between 1997 and 2010 under Labour was very weak and that the current economic problems are a consequence of poor policies in this period. In this report, we analyse the historical performance of the UK economy since 1997 compared with...

Full text in Russian. Executive summary is available at pp.53-56 in English.

The new Austrian Federal Government has agreed upon a set of measures in the area of fiscal policy which ought to reduce the Federal deficit in 1996 and 1997 by around ATS 100 billion. This amount should be sufficient as to ensure that Austria will fulfill the deficit criterion for participation...