In December 1999, Turkey adopted a comprehensive disinflation program, aiming at decreasing the inflation rate to a single digit by the end of 2002. Aided with the supervision and technical support of the IMF, the new program relied on exchange rate based disinflation and monetary control by...

This article provides an in-depth analysis of Russia's post-crisis growth, with a view to understanding the prospects for its continuation. It examines in detail the chief drivers of growth, as well as the main developments and policies that have been underlying it. A key finding is that the...

This paper provides an in depth analysis of Russia's recent growth, with a view to understanding the prospects for its continuation. It examines in detail the main drivers of growth, as well as the main developments and policies that have been underlying it. A key finding is that the role of the...

Greece has been a net recipient of significant Community funds over the past 30 years, initially under the Integrated Mediterranean Programmes and subsequently under five programming periods, contributing funding to three national Community Support Frameworks (from 1989 to 2006), the National...

Russian Abstract: В коллективной монографии Центра европейских исследований ИМЭМО РАН (под ред. А.В. Кузнецова и Е.С. Хесина) по итогам трехлетнего исследования...

This paper looks at three countries that have been hard-hit by the world economic recession, and have turned to the IMF for assistance: Hungary, Latvia, and Ukraine. In all of these countries, it would appear that there were more sensible responses to the crisis that would reduce the loss of...

We present a comparison, at area level, of production by sector in America, Western Europe, Central Europe, East Mediterranean and East Europe, including also Russia and former Ussr countries, and we analyse the main differences among these areas in economic development during the 20th century.

Europe is at a crossroads. The enlargement with ten new members forces the European Union to reform its decision making process and to reconsider its policies. At the same time, developments such as ageing force EU member states to reform their welfare states. Read also the accompanying <a href="http://www.cpb.nl/en/pressrelease/3213403/future-europe">press...</a>

In recent years economists have come to see rich natural resource endowments as a ?curse? or ?precious bane? that inevitably undermines development and slows economic growth. Resource-based development undeniably involves important risks. Nonetheless, the resource curse - if it exists - is at...

This paper provides an in depth analysis of Russia’s recent growth, with a view to understanding the prospects for its continuation. It examines in detail the main drivers of growth, as well as the main developments and policies that have been underlying it. A key finding is that the role of...