player and a regulator of financial markets. In our empirical case-studies on the transformation process in Poland, Romania … and Russia we are analysing the problems that arise from such an unclear definition of the role of the state. …

Russian banks. The paper also searches for ways to promote financial development in Russia. It is argued that there may not be … that have a solvency problem such as Russia. Russia's recently adopted banking restructuring program is an abandonment of … it to relatively successful bank restructuring programs pursued in other transition countries such as Poland. …

This paper examines the changes in the inter-industry wage structure experienced by Russia since 1993, as part of its … increased. Moreover, Russia exhibits large movements in wage premia, as industries respond to massively changing demand …

organized as federations, comparably weak institutions such as those in Russia are largely unknown. In this sense, international …