The article summarizes the results of twenty years of reforms of the Russian defense-industrial complex. It shows that the reforms have not created an effective economic mechanism of the sector's development. The state, as a basic owner, has hampered the sector's inclusion in market processes....

Based on an analysis of exchange rates and industrial production in the world's twenty-five largest economies during the current global crisis, the author challenges the commonly held concept that the absorption of exogenous shocks that stabilizes the real sector of the economy is one of the...

The author discusses the threat to the Caspian ecosystem posed by plans to build underwater oil and gas pipelines and the motives underlying Russia's opposition to such projects.

The article considers the regularities and features of compensation formation in the Russian economy of the first decade of 2000. The author compares gross domestic product structures by kinds of primary incomes in Russia and the euro-zone countries, and confirms that the parameters of income...

The article analyzes the institutional and structural heterogeneity of the international diamond market. Two market levels are compared: the primary supply of diamonds and the level of rough diamond resale and polished diamond manufacturing. While an oligopoly structure has been established on...

The article analyzes a number of weak segments exposed by the current crisis in the global economy. In response to large-scale challenges, regulators had to revise their approaches significantly. The author maintains that the previous risks remain and new risks will appear.

The article estimates the short- and medium-run exchange rate pass-through effect on consumer prices on the aggregate level and for individual groups of goods and services for the period from 2000 to 2008. It shows that the improvement of certain macroeconomic indicators in recent years in...

Among the numerous problems caused by the current global financial crisis, one can single out attacks on the economy by zombie-firms on a global scale. Several recent publications have been devoted to this new sphere of economics, known as âzombie-nomics.â Zombification of the economy creates...

The author argues that the state absolutism of the Soviet period was succeeded in Ukraine by an equally harmful market absolutism. Both have contributed to Ukraine's weak capacity for innovation and to its vulnerability in the face of the current crisis.

The article presents the main problems of the Russian oil and gas complex. The authors argue that the global economic and financial crisis has already led not only to a certain reduction in energy consumption but also to serious changes in the global energy sector. In the medium term the authors...