Showing 1 - 10 of 77
The paper investigates institutional development in the Russian forestry sector after 1991. As it argues, while there has been a great degree of decentralization, original market-oriented reform blueprints for the industry were only partially implemented. The reasons for this can be found...
Persistent link: https://www.econbiz.de/10005419583
shows factually, and on the norms elaborated by Pareto, Arrow and Bergson that Russia is an abnormal political economy …
Persistent link: https://www.econbiz.de/10005419588
This study considers the pervasive tax evasion of transition economies, with particular reference to Russia’s tax …
Persistent link: https://www.econbiz.de/10005419589
two emerging stock markets - Russia and China, because of their unique characteristics and performance in the past years …. We find that while Russian markets, like the CEEC region, substantially increased their integration with global stock …
Persistent link: https://www.econbiz.de/10005419590
The Russian Economy has evolved into a hybrid form, a partially monetized quasi-market system that has been called the virtual economy. In the virtual economy, barter and non-monetary transactions play a key role in transferring value from productive activities to the loss-making sectors of the...
Persistent link: https://www.econbiz.de/10005419592
. The author provides an estimate of Russia’s institutional convergence to the standards of the G7 and the “Big Five” group … of large, middle-income countries that includes Brazil, China, and India. In some areas Russia outperforms "Big Five …" countries, in others it trails behind. Finally, public mistrust, corruption, and inefficient governance in Russia are discussed …
Persistent link: https://www.econbiz.de/10005419596
The analysis of external economic relations of Russia reveals a paradox: while Europe is the main trade and direct … investment partner of Russia, this is far from being the case concerning its currency’s role in Russia's financial activities …
Persistent link: https://www.econbiz.de/10005419597
in 40 regions of Russia, this paper examines public infrastructure provision by Russian industrial enterprises. We find …
Persistent link: https://www.econbiz.de/10005419599
Russia’s economy is energy intense and wasteful of resources. This situation has arisen in part due to the country …. Our analysis uses a multi-region general equilibrium model (GTAP) modified to express the global dimensions of the … potential benefits of Russia’s comparative advantage in energy commodities. Increases of 6% in electricity and 10% in the price …
Persistent link: https://www.econbiz.de/10005419603
We suggest an additional transmission channel of contagion on the interbank market - the liquidity channel. Examining the Russian banking sector, we and that the liquidity channel contributes significantly to understanding and predicting interbank market crises. Interbank market stability...
Persistent link: https://www.econbiz.de/10005419607