This paper assesses the impact of the global economic crisis of 2008 on the Russian economy. It includes a general outline of the dynamics of the basic macroeconomic indicators, and analyses the major factors that resulted in the sharp decline of output in Russia in autumn 2008 and in the first...

This study takes stock of 20 years of economic transition amidst a global economic crisis. The period from the fall of the Berlin wall up to the present day is reviewed to identify successes and failures. In general, the high hopes and expectations at the beginning of the system transformation...

This paper explains the impact of the global economic crisis on Russian society after the latter half of 2008 focusing on the labour market function and the response of various economic actors. It is indicated that in Russia unique labour market adjustment exists and still functions in the...

In this paper, we argue that the export-oriented growth model in China is an unavoidable choice for China given its demographics and low level of urbanisation. The low dependency ratio and low urbanisation rate jointly determine a large amount of supply of labour and the slow growth of labour...