After the collapse of the Communist regimes and their command economies, the countries of the former Soviet Union found themselves with only a very small amount of goods to supply to the global market. There was no way that they could have existed in an economy of this type that is nothing more...

The paper offers a new view of the role of state based on recognition of the economic ability of the state as a separate factor of production. This approach gives indirect taxes the status of factor income as state profit. If we were to apply the mechanism of producing and purchasing private...

Originally the Laffer Curve was formulated in a macroeconomic context, for which reason it is not applicable to individual taxes, but rather to a certain average aggregate tax. The 'corrections' to the Laffer Curve are based on a factor of time. High importance is the question – in which...

After the collapse of the Communist regimes, the countries of the former Soviet Union found themselves with only a very small amount of goods to supply to the global market. An economy of this type is nothing more than a 'necroeconomy.' Dead firms ('zombie-firms') do exist and 'successfully'...

Several countries in the post-Soviet world have completed the transition to a European-type market economy and have been admitted to the EU. For others - either partly or totally unsuccessful in transitioning - the question of whether or not this kind of market economy could be built is not even...

Currently, the Black Sea Region1 is not as integrated economically as to allow one to outline some common development trends of all regional economies. The most of the region's nations (Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Moldova, Romania, Russia, Serbia, and Ukraine), except Greece...