After a decade of sharp economic decline, Russia switched to an impressive period of economic growth. Yet the economic record is still mixed, and many key problems remain unresolved, both in the economic sphere and the political system. The focus is on economic dynamics in Russia, reasons for...

A. Investment, Financial Markets, New Economy Dynamics and Growth in Transition Countries -- Comment -- B. Growth Dynamics in Transition Economies: The Role of Financial Development -- Comment -- C. Dynamic Causal Links between the Russian Stock Exchange and Selected International Stock Markets...

The divergence between production and consumption indicators in Russia suggests that the magnitude of the output collapse in the course of the transition is overstated by the official statistics. Alternative estimates for real GDP are derived, which reconcile the official production and...