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Quasi-Fiscal Operations of Central Banks in Transition Economies
Markiewicz, Malgorzata - 2007
This paper reviews issues associated with quasi-fiscal operations (QFO) of central banks in a sample of countries in Central and Eastern Europe and the former Soviet Union. The concern is the problem of transparency in fiscal and monetary accounts when the central bank undertakes quasi-fiscal...
Persistent link: https://www.econbiz.de/10012729032
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The Role of State and Creation of a Market Economy in Russia
Mau, Vladimir - 2012
economic development in a country. In a post-industrial society, that Russia aspires to be, further economic development …
Persistent link: https://www.econbiz.de/10013114224
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Russian Economic Reforms as Perceived by Western Critics
Mau, Vladimir - 2012
policy advice and mistaken policy choices. Though Russia's performance leaves much to be desired, such criticisms are based … particular the views presented by Jospeh Stiglitz, shows that the Chinese reform path was not available to Russia, that mass … and necessity in policy making more generally. The final section of the paper characterises Russia as a case of weak state …
Persistent link: https://www.econbiz.de/10013098903
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A Model of Russia's 'Virtual Economy'
Ericson, Richard E. - 2007
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/10012729028
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Organized Business, Political Regimes and Property Rights Across the Russian Federation
Pyle, William - 2007
political regime and the security of firms' property rights. Drawing on a pair of surveys recently administered in Russia, we …
Persistent link: https://www.econbiz.de/10012729227
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Fiscal Explanations for Inflation : Any Evidence from Transition Economics?
Komulainen, Tuomas - 2007
inflation for three crisis-hidden transition economies (Bulgaria, Romania and Russia). The results indicate that while fiscal … deficits have increased inflation in Bulgaria to a certain extent, this has not been the case in Romania and Russia. Even in …
Persistent link: https://www.econbiz.de/10012732387
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Russians’ 'Impressionable Years' : Life Experience During the Exit from Communism and Putin-era Beliefs
Pyle, William - 2020
This article links Russians' individual experiences during the late-Gorbachev and early-Yeltsin years to the beliefs those same individuals espoused in the Putin era, over a decade later. Drawing on questions, some of which are retrospective, from the first wave of the Life in Transition Survey,...
Persistent link: https://www.econbiz.de/10012826361
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Fiscal Explanations for Inflation : Any Evidence from Transition Economies?
Komulainen, Tuomas - 2016
Persistent link: https://www.econbiz.de/10012991934
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Exchange Rate Pass-Through and Cross-Country Spillovers : Some Evidence from Ukraine and Russia
Faryna, Oleksandr - 2016
​This paper studies exchange rate pass-through to consumer prices in Ukraine and Russia considering cross … VAR models and find that, while results for Russia do not change significantly, spillover effects are identified for …
Persistent link: https://www.econbiz.de/10012981673
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Currency Crisis Theories - Some Explanations for the Russian Case
Komulainen, Tuomas - 2007
The paper examines currency crisis theories and applies them in searching for the main causes of the Russian crisis. We first study the determination of the exchange rate and then the first and second generation theories on currency crisis and finally the recent theoretical discussions of the...
Persistent link: https://www.econbiz.de/10014223985