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The paper emphasizes the transition in Russia and the role institutions played before and during the process. In Russia, a big bang approach was applied. That is to say, transition was conducted all of a sudden, omitting important underlying reforms. This practice should function as a shock...
Persistent link: https://www.econbiz.de/10010307928
In 2000s, Russia entered the second round of radical reforms of its economic and political system. These changes affect the institutions of the macro- and microeconomic policy, of the energy policy, as well as the institutions of the climate policy. Thus, the framework is currently being built...
Persistent link: https://www.econbiz.de/10011335718
Persistent link: https://www.econbiz.de/10010322651
Russland treffen die Auswirkungen der internationalen Finanzkrise und fallender Energiepreise zu einem ungünstigen … Zeitpunkt: In den kommenden zwei Jahren muss Russland internationale Kredite in erheblicher Höhe bedienen. Aktuell zeigt sich …
Persistent link: https://www.econbiz.de/10011601940
This paper provides an assessment of Russia’s long-term growth prospects. In particular, it addresses the question of the medium- and long-term sustainability of the country’s currently high growth rates. Starting from the notion that Russia’s fast economic expansion in recent years has...
Persistent link: https://www.econbiz.de/10011606210
The aim of this study is to clarify, whether and where the widespread opinion that systemic change from socialism to capitalism went along with dramatically rising inequality is true and how income distribution does affect the overall growth performance of transition countries. The countries...
Persistent link: https://www.econbiz.de/10011653001
The analysis of a quarterly panel of ten countries covering 75 percent of the worldwide opera performances through the years 2014 to 2018 showed that the number of performances depend positively on growth and strongly negatively on unexpected inflation. Furthermore, highly significant country...
Persistent link: https://www.econbiz.de/10012140916
This paper is dedicated to the empirical exploration of the welfare effect of expectations and progress per se. Using ten waves of the Russian Longitudinal Monitoring Survey, a panel household survey rich in subjective variables, the analysis suggests that for a given total stock of...
Persistent link: https://www.econbiz.de/10010267749
Persistent link: https://www.econbiz.de/10010272866
We examine the economic implications of infrastructure investment policies that try to improve economic conditions in Russia's peripheral regions. Our analysis of firm-level industrial data for 1989 and 2004 highlights a 'death of distance' in industrial location, with increasing concentration...
Persistent link: https://www.econbiz.de/10010273383