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To many economists, not to mention all central bankers, inflation is considered to be public enemy number one. This paper seeks to understand why inflation should be so despised. To escape from simultaneous restrictions a temporal single system (TSS) approach is employed. Firstly a simple...
Persistent link: https://www.econbiz.de/10008676555
challenges. On the one hand new pipeline links with Russia are needed to diversify transit routes for Russian gas. On the other …, justifying the high investment cost for Germany and Russia. It severely curtails the power of transit countries Belarus and … for its main beneficiaries Russia, Germany and some central European countries. Nabucco has a large potential to curtail …
Persistent link: https://www.econbiz.de/10010886616
The model of the Russian economy that was formed in the 2000s does not match a new stable growth path, though it helped to calmly overcome the crisis of 2008 and 2009. The state needs to provide stability in the fields under its direct control, i.e. the budgetary and monetary policies. In the...
Persistent link: https://www.econbiz.de/10010901986
improvement in the quality of beer has been an important driver behind rapid growth in beer consumption in Russia. In den letzten …
Persistent link: https://www.econbiz.de/10011250296
for 9 over 12 Central Eastern European countries and Russia, when the endogenous shock is mild and ambiguous. Moreover …
Persistent link: https://www.econbiz.de/10009352630
Male life expectancy at birth fell by over six years in Russia between 1989 and 1994. Many other countries of the …
Persistent link: https://www.econbiz.de/10005784773
(we first review experience in Central and Eastern Europe). We focus on the case of Russia, and simulate a simple scheme …
Persistent link: https://www.econbiz.de/10004967097
This paper analyzes the changes that have intervened in the field of income poverty and human poverty since the onset of the transition in Moldova. With a biblical contraction of GDP, a fast rise in inequality, a drop in social expenditure and a weakening of civil society, most indicators of...
Persistent link: https://www.econbiz.de/10004967102
There are worrying indications that official infant mortality counts, based on administrative data, may underestimate the true gravity of the problem in 15 countires in the CEE / CIS region, including 11 out of 12 CIS countries. However, the paper also finds that surveys are rather blunt...
Persistent link: https://www.econbiz.de/10004967106
Do preferences for income inequality differ systematically between the post-socialist countries of Central and Eastern Europe and the Western established market economies? This paper analyses 1999 data from a large international survey to address this question. In particular, we examine whether...
Persistent link: https://www.econbiz.de/10004967112