Main factors and development of the global financial crisis-2008 are generally discussed in the paper. The downturn in one of the local sectors of the US economy has caused major threats to functioning global financial markets. Structural problems of the Russian financial sector ("illusion of...

Ukraine has the greatest economic potential among transition economies, but economic activities in the country highly depend on external markets, especially on the Russian one. The country has come a long way from the 1990-s, but the process of institutional transformation has been slow and met...

(the Case of Georgia) The article deals with the process of transformation of the post-Soviet space in the last two decades since the collapse of the Soviet Union. Different models of economic development of former Soviet republics in the transition period are considered. Special attention is...