In 2013 the Russian economy entered a new phase of socio-economic development. The period of tempestuous development, during which the primary trends and objectives had been those of recovery and which had lasted almost twelve years (1999–2012), had come to an end. The crisis of 2009 did not...

This article examines the relationship between government budgetary policy and the pursuit of accelerated economic growth. The authors review the academic debate over long-term economic growth and associated short-term fluctuations and conclude that Russian budgetary intended to smooth...

Institutions and economic growth

Policy goals of the Central bank of Russia

The typical feature of the present-day situation in Russia with regard to institutional development is the existence of a significant discrepancy between two groups of indices. While the changes in the values of the majority of indices that describe the quality of this country’s business...

In September 2008, the IET’s Department for Economic Situation Surveys conducted a business survey among Russian industrial enterprises aimed at identifying the existing obstacles to successful economic development. Within the business survey’s framework the directors of enterprises were...

The monograph deals with analysis of the factors that determine the diversity in the degree and pace of economic development of Russia's regions. In particular, basing on the data of main socio economic indicators of RF constituent regions' performance, the authors have empirically tested...

The year 2001 concluded the first decade of post-Communist transformation, Russia’s development in a regime of market democracy. The period witnessed difficult and complex processes of the transformation of Soviet socialism into a new society. A tortuous and contradictory path gave rise to...

This study explores disparity in regional development in Russia and in Canada and role of geography in their development. In the first chapter analysis of the role of geographic, economic, and institutional factors in economic growth over 1996–2004 is presented. Additionally the issue of the...