In the next decade the Russian tax system will face tremendous challenges, due to both objective factors (significant dependence of the Russian economy on foreign trade conjuncture, etc) and a number of decisions in the field of fiscal policy. Viewing these challenges the authors examine three...

The objective of the work is the analysis of the impact of grants, allocated from the central government budget for the expenditures of regional budgets, and the “sticker” effect, which means a traditional disproportion between the federal transfers and the amount of regional expenditure. In...

The study analyzes the main issues of legal regulation of international intellectual property transactions. The authors review existing civil and customs legislation regulating import, export and use of licensed products on Russia’s territory, the law application practices concerning...

How to import modern Western Institutions to suppress economic growth in underdeveloped countries? Russian experience and some warnings for newcoming reformers The monograph «Institutional Constraints on Modern Economic Growth" deals with the most dangerous obstacles standing in the way of long...

Can the absence of freedom of speech, a monopolized media market, and a politicized education create obstacles which will stand in the way of economic growth? The answer is an unambiguous Yes, and substantially. Partial, biased, or heteronomous mass media and an education turned into a...

Ideology is pretty efficient machinery to decrease collective action's costs. People not need to communicate or even to be familiar one another to participate the joint action, to support the policy or resist the same. The chapter studies the impact which new ideologies of the 21st century...

The last decade’s Reforms in post-communist countries demonstrated, the aid proved to be most efficient in the countries where due to a timely schedule and consistency in reform implementation, governments can easily do without it. In case of Russia both the reformists and officials of...

In this article authors tried to review Chinese economic miracle

In this paper we tested the hypothesis of the "political" basis for the "economic" rights. We constructed our own variables of political regimes' classification for years 1820-2000. We found significant positive interdependencies between the Democracy's indicators and Economic Growth. Protection...

The past year was transitional from the crisis period to a normal development. Russia’s GDP increased 4% in 2010. GDP and industrial production nearly recovered by the end of 2010, reaching 97-99% of the values recorded in September 2008, as estimated by Rosstat. These values show that as...