The paper describes the technological process presented as a chain of tasks that natural gas companies in Canada perform to move natural gas products from the geological formation to the final consumer. Investigating the norms the firms use to establish cooperation with clients and suppliers, it...

The paper addresses the question of effective tax rates for Russian economic sectors in transition. It presents a detailed account of fiscal environment for 1995 and compares statutory obligations with reported tax liabilities. The paper finds that taxation did not contribute to recession, as...

In the aftermath of sovereign default of August 1998, the hypothesis of virtual economy in Russia developed by Gaddy and Ickes has gained popularity. The hypothesis states that the country has not moved towards free-market economy but developed a system of implicit price subsidization similar to...

Two recent events in the energy sector – the Macondo well blowout in the U.S. coastal waters and a series of equipment failures at the Fukushima I Nuclear Power Plant in Japan – have shown that current definitions of who pays for accidental pollution damage and third parties' losses are...

As Russia searches for its place in the global system of trade, what options does it have? Analysis of Russian trade composition and bilateral relationships that this country has with its partners reveals several alternatives that it can use integrating in the world markets. First, Russia can...

Gazprom, one of the least reformed and most successful Russian companies, is largely responsible for defining national energy strategy. The consumers of Russian gas - the EU and post-Soviet countries - pay increasing attentions to the ways this company operates. This paper outlines the...