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The reforms and privatisation programmes of the 1990s structured the Russian oil industry around a few large national and private companies. This organisational structure poses some questions in respect of the Russian authorities will to take back the oil sector. Three factors may explain this...
Persistent link: https://www.econbiz.de/10008790535
This article is concerned with the current reorganization of the Russian oil industry, i.e. the increasing involvement of state-controlled companies in upstream oil activities. Conversely to the widespread idea that this reorganization is a mere re-nationalization of oil assets explained by...
Persistent link: https://www.econbiz.de/10008792488
This article deals with the current change of the institutional and organizational framework of the Russian oil industry. Regarding this evolution, the main characteristic is the increasing involvement of national oil companies in the upstream activities. The point is to explain this...
Persistent link: https://www.econbiz.de/10008793298
This paper deals with the current change of the institutional and organizational framework of the Russian oil industry. Regarding this evolution, the main characteristic is the increasing involvement of national oil companies in the upstream activities. The point is to explain this...
Persistent link: https://www.econbiz.de/10011025866
The aim of this paper is to test the existence of an education production function based on data resulting from international surveys of pupil assets. The results of the estimates, using first the total sample, and then making distinctions according to the economic level of the country, show...
Persistent link: https://www.econbiz.de/10008793698
In this paper, we investigate the impact of natural resource rent on public expenditure composition. Our hypothesis is that, when institutional quality is low, politicians have more discretionary power on the allocation of public resources. Then public expenditure composition tends to be...
Persistent link: https://www.econbiz.de/10008805918
This paper analyses the effect of public expenditure on economic growth from both a theoretical and an empirical point of view. Given that the economic literature supplies numerous and conflicting views on the topic, the article offers a framework combining both theories of market failures and...
Persistent link: https://www.econbiz.de/10010635201
Since the 1990s, poverty and the ways to reducing it have become a central paradigm in development economics, not only … theme of research in development economics, by poverty and its reduction, together with an expansion of the meanings of the … concept of poverty. The key points of the paper are that this shift represents a crucial turning point in the conceptual …
Persistent link: https://www.econbiz.de/10009372663
French but also European economies are driven by micro, small and medium enterprises. However, evidence shows that micro-enterprises, representing 99 per cent of all newly created businesses, suffer from a lack of external resources, especially those created by socially excluded persons....
Persistent link: https://www.econbiz.de/10009368025
inference with poverty indices is satisfactory. We find that the major cause is the extreme sensitivity of many inequality …
Persistent link: https://www.econbiz.de/10010750903