Exacerbation of the crisis in Western economies has led to dramatic changes in the world financial system. As a result, the regulatory approaches of major industrial countries have been significantly modified even in spheres that were not subject to change for many years (as was the case with...

This article argues that a "modernization" strategy to guide Russia's socioeconomic development is preferable to other strategies, on both moral and material grounds.

The Russian government has prepared a package of measures intended to maintain stability of the country's financial system. This article discusses the state measures and formulates the propositions of Russian Union of Industrialists and Entrepreneurs. The most important ones include coordination...

This article examines the prospects for creating a broad coalition of interest groups that would be willing and able to support a "modernization" strategy to guide Russia's socioeconomic development.

This article describes, compares, and assesses inertia, rentier, mobilization, and modernization strategies to guide Russia's socioeconomic development.

The article connects the current global economic crisis with the end of the Kondratiev long wave and entry into a new wave. Neoliberal prescriptions for such transformations and further economic functioning are already out of date. According to the authors, neither the monetarist nor the...

The article considers fiscal policy in countries that build on the use of nonrenewable natural resources. "Oil GDP," natural rent, and fiscal proceeds from the oil sector are estimated for Russia. These and similar parameters are compared across major oil-producing countries. An econometric...

The article presents a detailed discussion of minimizing missed opportunities linked to a particular type of power. It shows that domination by virtue of an interest constellation calls for justification through references to a common good, that is, a rent to be shared between a principal and an...

The implications of modern Marxist theory reveal the inevitability, the causes, and the main features of the first global crisis of the twenty-first century. The crisis has been generated by deregulation of economyâwhich caused the "classical" crisis of overproductionâand by the new...

The authors assess the extent and nature of unemployment in Armenia, with a special emphasis on concealed unemployment in rural areas, and propose policy measures to reduce unemployment.