This study aims to explore the current trends in fraud prevention in the insurance industry in Russia. Survey responses from 20 experts and professionals of the leading insurance companies in Moscow were collected. More than a half of them are former police officers who work at security or...

This article tests a hypothesis about the existence of a correlation between rates of economic growth and rates of public social spending in OECD countries and a range of transition economies. The paper argues that an economy does not necessarily react to fluctuations in business cycles with...

The collapse of the Soviet Union's central-planned economy vindicates that resources' allocation under communist rule was woefully deficient and ultimately gave way to a market economy. For the successful transformation from communism, entrepreneurship is immediately needed.This study highlights...