This study provides a comparative analysis of the budget limits of the Commonwealth of Independent States members, focusing on fiscal responses to the COVID crisis and options for improving the structure. The methodology comprised a statistical approach based on assessments of macroeconomic...

War, finance, and mercantilism -- Great divergence, fiscal-military state and economic policy -- From trading cities to territorial states -- The "military revolution" -- The rise of the fiscal state -- Different paths to public finance and fiscal systems -- European states and the crisis of the...

This paper describes a quarterly macroeconometric model of the economy of People's Republic of China. The model comprises household consumption, investment, government, trade, production, prices, money, and employment blocks. The equilibrium-correction form is used for all the behavioral...