(i) more managers are hired from the outside, and (ii) fewer managers leave the firm. A possible reason is an extremely … weak outsider property rights enforcement in Russia. Keywords: institutional environment and internal labor market …

In China, local governments have actively contributed to the growth of new firms. In Russia, local governments have … behavior of local governments in Russia. First, capture by old firms, leading local governments to protect them from … present in China, but not in Russia. Transition in China has taken place under the tight control of the communist party. As a …

real consumption for a select group of nations in Europe and some large countries like China and Russia, but lower in most …

limiting exports to Russia. The economic intuition is that when Russians are unable to buy the mix of foreign goods they wish …

Recent sanctions on the use of Russia's international reserve assets seem likely to reduce the appeal of US dollar …

that affect the equilibrium exchange rate. The dynamic behavior of the ruble exchange rate following Russia's military …