Macroeconomic stabilization has been unable to have a beneficial impact on the state of the Russian pension system, while the financial crisis has only aggravated the unfavorable trends that accumulated in the process of transformation. This situation is a result not only of the limited nature...

Throughout the past decade, discussions of variants and alternatives of economic policy have become extremely popular among our politicians and economists. Their logic remains practically unchanged: the government accuses opponents of adventurism, claiming that its policy is the only possible...

Currently there is a widely held viewpoint that the Russian government's policy of accumulating state debt in 1993-98 was equivalent to the realization of a well-known "financial pyramid" scheme. This opinion became especially well established after the default declared by the government in...