In the face of sharply lower oil prices and geopolitical tensions and sanctions, economic activity in Russia decelerated in late 2014, resulting in negative spillovers on Commonwealth of Independent States (CIS) and, to a lesser extent, on Baltic countries. The spillovers to eastern Europe have...

The paper identifies a number of stylized facts on the behavior of key macroeconomic variables during high inflation and stabilization in countries in transition. To examine the extent to which these stylized facts conform to the predictions of standard open economy monetary theory, the paper...

This paper benchmarks the efficiency of public expenditure in the social sectors in the Russian Federation relative to other countries and among the country''s regions. It finds that there is substantial room for efficiency gains, particularly in health care and social protection, although less...

Russia's war in Ukraine has disrupted the supply of natural gas for many European countries, triggering an energy crisis and affecting energy security. We simulate the medium-term effects of these trade disruptions and find that most European countries have limited GDP losses but those more...

This paper studies how output fluctuations in Russia are transmitted internationally. Using vector autoregression (VAR) and dynamic panel models, the paper finds that Russia's output fluctuations are an important driver of output fluctuations of countries in the region, especially for oil...

This study explores the relationships among Industry 4.0 technologies, their application areas, and the involvement of Russian manufacturing firms in global and domestic value chains. We apply logit and multinomial logit regressions using an original survey dataset of approximately 1700 Russian...

In den letzten zwei Jahren hat Belarus Trägersysteme erworben, welche Minsk die Fähigkeit zum Einsatz von Nuklearwaffen verschaffen. Zwar behaupten Moskau und Minsk, dass sich mittlerweile russische Atomsprengköpfe auf belarussischem Boden befinden. Gesichert ist dies allerdings nicht, und...