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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
The health of the Russian economy still depends heavily on natural resource revenues. The history of the economic … economic literature suggests that the Russian economy could be viewed as a weighted combination of virtual and normal forces …. If the Russian economy is considered to be dominated by normal market economy forces, higher energy export receipts …
Persistent link: https://www.econbiz.de/10014404334
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
, Poland, Russia, Slovakia, and Slovenia for the period 1994-1999 it is shown that historical values for interest rates …
Persistent link: https://www.econbiz.de/10014399894
not proved easy. Using Russia as a case study, the magnitude of the problems faced is documented, and the strategy of … undertaking similar reforms, and the future agenda for completing these reforms in Russia is indicated …
Persistent link: https://www.econbiz.de/10014400058
This paper analyzes the evolution of interregional income inequality during transition in Russia. The transition matrix …
Persistent link: https://www.econbiz.de/10014400082
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
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