This article examines tax treaty trends in five Central Asian Republics: Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan, following the gaining of their independence after the fall of the Soviet Union in 1991. In particular, it compares the construction of treaties...

This note explores selected political economy aspects of taxation in Ukraine, compares that experience with Russia's and draws some insights for the CIS region. Ukraine has been unable so far to carry out a comprehensive tax reform, while Russia has. The lessons drawn from comparing the...

The paper analyzes perspectives of the ruble as s regional reserve currency in the CIS region. Greater use of the rouble, as well as other national currencies could have a positive impact on reducing the currency risk and the need for additional accumulation of currency reserves in dollars and...

This paper analyses the effect of innovation on the well-established productivity-export association in the literature. Here, we argue that actively innovative firms have a higher productivity, which make them more likely to become exporters. Moreover, exporting firms learn from their trading...

The objective of this paper is to assess whether the level of unionization and the rigidity of the exchange rate affected wages and monetary policy in SEE and CIS during the ongoing economic crisis. Towards that end, a New Keynesian model with price and wage rigidities is used. The model is...

This book, written on the eve of the 20th anniversary of the fall of the Berlin wall in 1989, addresses three questions that relate to recession, recovery, and reform, respectively, in Europe and Central Asia (ECA) transition countries. Did the transition from a command to a market economy and...