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The primary goal of this paper is to confirm the existence of the links and receive the quantitative measurement of the correlation between the quality of institutions and dynamics of their development, on the one hand, and GDP growth, on the other. For this analysis the extended database...
Persistent link: https://www.econbiz.de/10009359343
The Russian economy failed to demonstrate its sustainability during the global crisis of 2008—2009. Though Russian authorities have realized the huge anti-crisis package including monetary and fiscal measures, the economy seems to lose its momentum. The Russian anti-crisis package in its size...
Persistent link: https://www.econbiz.de/10009359610
The global economic crisis turned Russia's economy into one of the most distressed in the world. This indicates its very low resistance to external shocks. In the very near future, Russia will face several critical macroeconomic challenges. Its potential to overcome the crisis depends...
Persistent link: https://www.econbiz.de/10008592618
Recently, the problem of the active participation of foreign bank capital in Russia has been discussed intensively in various settings. No doubt this is associated with the crisis in the banking system that developed in our country in the summer of 1998 and has yet to be surmounted. Moreover, no...
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