This article presents an analysis of the key challenges facing the global economy, as well as the impact of these challenges on Russia. It addresses main collisions that have emerged in recent years, including the proliferation of etatism and populism, increasing social and political...

This paper provides a comparative analysis of the Great Depression (1929-1933) and the Great Financial Crisis (2007-2009) by contrasting the crises' main driving forces and how they relate to each other with respect to the United States. To this end, causes, consequences and measures undertaken...

In the last decade, there has been a crisis of monetary regulation of the world economy. This is confirmed by the fact that measures of monetary stimulation and assistance to the banking systems of the EU and the United States do not solve the accumulated problems even in developed countries,...

In our increasingly globalized economy, global competitiveness of countries and means to measure it gain increasing significance. One of the ways to measure it is by comparing an extent of economic freedom that countries have, which as surveys show can also largely explain differences in living...

Regarding economic freedom, research shows that although it has its negative effects, especially in a shorter term, e.g., the phase of increasing inequality, overall trends are indicative that countries with higher levels of economic freedom have not only higher gross domestic product per capita...

Countries are often slow to adjust their economic structures to new necessities although this reform reluctance is costly in terms of growth and employment. This paper analyses the relevant factors that block or foster economic reforms. Theoretical considerations show that there are at least...