The paper describes an inter-country model developed on the New Keynesian Phillips curve principle for the economies of Belarus, Russia and Ukraine. Technically the modelling idea has been grounded within the concept of the infinite dimensional vector autoregressive models by Chudik and Pesaran...

This paper suggests a number of changes needed in the economics curriculum from a Russian perspective. These changes are required not only because of the recent crisis and the problems in the economic profession that it revealed, but also because of changes in society, major societal educational...