This research is aimed at modeling the dynamics of the currency structure of bank deposits taking into account the ratchet effect (hysteresis), as well as comparative scale of presence and comparative dynamics of this effect in the CIS economies, including Russia. This study contains a general...

On the basis of an overview of theoretical and empirical studies on central banks’ independence, the paper assesses the independence of the central banks of the former USSR republics including the RF, as well as those of East European countries. An analysis of the potential existence of a...

В статье выявлено влияние динамики внешней торговли со странами СНГ на экономическое развитие Украины на основе корреляционно-регрессионного анализа, в...

В статье приведен анализ исследований о влиянии прямых иностранных инвестиций на экономический рост страны. Рассмотрено, каким образом прямые иностранные...

Over the past few years, large multinational companies originating from Russia have shown outstanding performances alongside their road from regional dominance to global leaders. Taking stock of recent approaches in the literature and statistical data released by well-known international...

We investigate the likely sources of exchange rate dynamics in selected CIS countries (Russia, Kazakhstan, Ukraine, Kyrgyzstan, Azerbaijan, and Moldova) over the last dec-ade (1999-2010). Evidence is based on country VARs augmented by a regional com-mon factor structure (FAVAR model). The models...

We investigate the likely sources of exchange rate dynamics in selected member countries of the Commonwealth of Independent States (CIS; Russia, Kazakhstan, Ukraine, Kyrgyzstan, Azerbaijan, and Moldova) over the past decade (1999-2010). Evidence is based on country VARs augmented by a regional...

This paper investigates which policies CIS countries need to reform when they accede to GATT. The objectives to be pursued through trade policy (e.g. raising fiscal revenue, protecting industries, regional integration) must be defined clearly when tariff levels are bound. Some streamlining (e.g....

This essay analyses the characteristics and the role of social enterprises in CEE and CIS countries. Following a brief introduction on the relevance of institutional pluralism for economies characterized by poorly developed markets and welfare systems under construction, the importance of social...

Distributions of many variables of interest in developed economic and financial markets, including income and wealth, exhibit heavy tails as in the case of Pareto or power laws. Many commonly used income and wealth inequality measures are very sensitive to extremes and outliers generated by...