Uzbekistan is not usually considered an economic success story, but in fact it is: its GDP increased since 1989 more than in any other post-communist country, except for China, Vietnam and Turkmenistan. The success of Uzbekistan is very much similar to the Chinese – gradual economic reforms...

The article is devoted to assessment and comparative analysis of industry efficiency in both country and (Russian) region levels. Also the analysis of perspective sources for technology borrowing is presented. On a country level I analyze efficiency of agriculture, using mainly (among other)...

This paper aims to examine the adequacy of the Brazilian budget expenditures in the national defense function to the national needs of this public good provision. The lack of indicators allowing to measuring the effectiveness of spending in terms of the National Defense Policy is remarked. For...

In the past years majority of EU members experienced the highest economic decline in their modern history, but impacts of the global financial crisis were not distributed homogeneously across the continent. The aim of the paper is to examine a cohesion of European Union (plus Norway and Iceland)...

We develop a framework for assessing innovation collaboration partners. Based on the evidence from existing empirical studies, we identify four elements relevant as drivers of innovation collaboration. These elements include inventive capacity, technological specialization patterns, openness to...

The paper shows how democratic elections in a bi-communal society with entrenched ethnic voting results in an elected oligarchy in which elites of one ethnic group control the allocation of scarce economic resources. Using a simple strategic game, the paper shows that the control of resources...

The article presents labor productivity estimates from 1991 to 2008 for 17 countries on industry ISIC. 3 - level. The group of countries includes USA, Canada, Brazil, Russia, Japan, China, Australia and number of major European economies. The goal is to investigate Russia`s industries...

The aim of the article is to compare total real GDP growth of European countries from the 3rd quarter of 2008 to the 3rd quarter of 2012, that is the period from the start of the Great recession in European Union to the present day. This period is characterized by a predominant economic...

Both long economic stagnation in Latin America and sustained growth and in East Asia imply a rapidly raising development gap between the two regions. Using a series of numerical decompositions, this article documents three facts about this gap. First, differences in welfare-adjusted development...