Surges and cuts are explained here by some of the political factors affecting governments' abilities to balance the budget broadly discussed in the literature. We focus on territorial separatism, minority government, grand coalition, single-party government, and the ruling party's ideology....

The purpose of this study is to analyze the course, determinants and political economy of economic reforms in Russia conducted in the period 1985-2003. The year 1985 can be considered an important turning point in Soviet/Russian history, marked as it was by the election of Mikhail Gorbachev to...