This paper examines how regional disparities have evolved in Russia and how Russia's system of intergovernmental fiscal … with federal systems of government, Russia stands out with its high reliance on direct taxes as a revenue source for its …

This paper analyzes the evolution of interregional income inequality during transition in Russia. The transition matrix …

In this paper we examine economic disparities across regions in Russia and offer a theoretical treatment of various …

account, driven by an initial, sharp decline in investment and fueled by medium term deleveraging, more so in advanced …

reducing the financing available for domestic investment. Panel data regressions suggest a positive, short-term relationship … between net capital inflows and investment during the period before 1997 in five Asian countries once real net capital flows … are netted out from real flows of private bank credit. In addition, net real private inflows and real private investment …

reallocated from the private to the public sectors, reducing investment and deepening the recessions even further. To account for …. This implies that domestic debt purchases displace productive investment. The model shows that these purchases reduce …

Greece's investment rate plunged following the Sovereign Debt Crisis (SDC) and remained one of the lowest in the world … in 2019. This paper explores recent investment dynamics and compares them against estimated benchmarks. Our results … suggest that Greece has been under-investing since the SDC, with private investment notably lagging behind. The estimated …