"Resource curse", "Dutch disease", "gold rush", "blood diamonds" - those are just some of the epithets used to characterise the role of natural resources in economic development. They certainly do not set a positive tone for a constructive discussion. The purpose of this report is to change that...

Due to the recent drop in oil prices, there is a strong interest in the influence of the shale revolution on the global supply and demand of hydrocarbon fuels. Consequently, the attention of many economists and industry analysts is drawn to the technological, institutional and regulatory aspects...

Russian Abstract: С момента начала так называемой «секьюритизации» (или «финансиализации») рынка сырьевых товаров влияние институциональных инвесторов (хедж-фондов,...

In this paper we analyze public administration efficiency in resource economies. After a conceptual discussion, we decided to include a wider scope of public administration and to create a new measurement of public administration efficiency called Index of Public Administration Efficiency...

Gulf oil monarchies (Saudi Arabia, United Arab Emirates – UAE, Oman, Qatar, Bahrain and Kuwait) are facing big challenges after two major events took place in recent years: oil price plunge and the events derived from the Arab Spring. Combined amplitude of the oil price drop and the aftermath...

In this paper we analyze public administration efficiency in resource economies. After a conceptual discussion, we decided to include a wider scope of public administration and to create a new measurement of public administration efficiency called Index of Public Administration Efficiency...

“Resource curse”, “Dutch disease”, “gold rush”, “blood diamonds” – those are just some of the epithets used to characterise the role of natural resources in economic development. They certainly do not set a positive tone for a constructive discussion. The purpose of this report...

One of the main reasons for the drop in oil prices that began in 2014 was a rapid increase in U.S. oil production—it reached the level of the other two biggest producers, Russia and Saudi Arabia, that same year. That, in turn, decreased U.S. demand for imported petroleum and hence put downward...