This paper uses the OECD’s indicators of product market regulation (PMR) to assess the extent to which the regulatory environment in Russia supports competition and to draw attention to the areas where further reform efforts would pay dividends. The indicators show that, despite improvements...

Process of globalisation defines the new frontiers, leaving more importance to the territory. In the context of a rapidly changing international environment it is of no small importance to ask some question about the present situation in the bordering regions, their foreseeable evolution, both...

We consider the concept of a wage curve describing a negative relationship between unemployment and wages. We suggest an explanation of the wage curve using a number of theoretical labor market models, and present an empirical result of its determination for Russia obtained from analysis of...