Introduction -- PART I - RESOURCE RENTS AND OPPORTUNITY COSTS -- The Economics of Exhaustible Resources -- Prices and Rents of Economically Recoverable Resources -- Pricing Energy Resources Under Transition to Alternative Energy -- Global Carbon Budgeting and the Social Cost of Carbon -- PART II...

This book examines history of Russian finances in the period of Russia's transition from communism to capitalism in the 1990s and in the current decade. It focuses on obstacles to market reforms and macroeconomic policy choices that resulted in the state debt expansion and the financial crisis...

The paper demonstrates how trade between developing countries can cause the divergence of long-run growth among these countries. The model describes two symmetric countries trading with each other and the industrial rest of the world. Bilateral trade occurs at any moment if the countries have...