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The short answer: The size of the Russian State has not increased much in the last few years, but its economic footprint remains significant. Concretely, the state's size increased from about 32 percent of GDP in 2012 to 33 percent in 2016, not far from the EBRD's estimate of 35 percent for...
Persistent link: https://www.econbiz.de/10012009568
lowering their inflation to more moderate rates. Inflation rates in the Baltics, Russia, and other countries of the former …
Persistent link: https://www.econbiz.de/10014403301
This paper examines financial market comovements across European transition economies and compares their experience to that of their regions. Correlations in monthly indices of exchange market pressures can partly be explained by direct trade linkages, but not by measures of other fundamentals....
Persistent link: https://www.econbiz.de/10014399957
This paper discusses Russia’s balance of payments developments in recent years: the initial macroeconomic imbalances … and systemic shocks which set the stage for the critical balance of payments difficulties Russia faced in the early 1990s …; the lessons from the early phases of Russia’s economic reforms; the choices faced by the Russian Government and the …
Persistent link: https://www.econbiz.de/10014398091
This paper presents a general equilibrium model of interenterprise arrears, characterized by n-stage production technology with random productivity shocks. The model shows that large interenterprise arrears in transition economies may reflect substantial business risks in those countries and...
Persistent link: https://www.econbiz.de/10014398204
As Russia’s transition unfolds, the traditional national accounts concepts and reporting mechanisms become increasingly …
Persistent link: https://www.econbiz.de/10014398710
Macroeconomic stabilization and structural reforms in Russia since 1992 have been proceeding in a rather chaotic … for Russia. Moreover, stabilization and structural change interact and are mutually reinforcing …
Persistent link: https://www.econbiz.de/10014398746
Although various factors point to a more arduous and longer transition in Russia than in Eastern Europe, the broad … Russia needs external financial assistance, it must be willing and able to pursue economic policies that ensure that the …
Persistent link: https://www.econbiz.de/10014396521
Russia, the Baltic states and the other countries of the former Soviet Union inherited health and education systems …
Persistent link: https://www.econbiz.de/10014395920
The output contractions during the initial transition stages in the Baltics and in Russia and the other CIS countries …
Persistent link: https://www.econbiz.de/10014399817