The paper presents empirical analysis of influence of different ownership forms on efficiency of Czech and Slovak banks … previously in the literature. On the set of 44 Czech and 21 Slovak banks in the 1996 - 2005 period we show, that the stochastic … significant for both countries. Foreign-owned banks are bit more cost efficient than domestic private banks, state-owned banks are …

Russia belongs to the energy superpowers. It is a country rich on raw materials and selfsufficient state that possesses … Russia’s unconscious and therefore greater weakness. The world prices development of energy inputs has a strong vagueness and … unpredictability, which strongly threatens the smooth flow of income of the federal budget of Russia. Massive fall in world prices of …