Unlike most other transition economies in Europe, in Russia correlation between employment dynamics and GDP dynamics has been weak, contributing to a relatively low rate of unemployment. This article seeks to explain this phenomenon by investigating a combination of inefficient enforcement of...

China's oil policy facing the challenge of rising oil demand (by W. Urban; pp. 1-6) Keywords oil demand, economic policy, China Countries covered China Topics Energy Efficiency improvements in Russian gas-fired heat and power generation (by E. Christie; pp. 7-11) Keywords natural gas, electricity...

This paper provides new survey evidence on effects of concentrated ownership on restructuring and performance in privatized firms in Russia. The major findings are that large-block shareholding is negatively associated with the firm's investment and performance, and this relationship does not...