In September 2008, the IET’s Department for Economic Situation Surveys conducted a business survey among Russian industrial enterprises aimed at identifying the existing obstacles to successful economic development. Within the business survey’s framework the directors of enterprises were...

The paper analyzes the changes in the Russian institutional system in the framework of fundamental interdependence between institutional and economic development. It reviews a number of established international indicators of institutional development. These indicators are used to study the...

This research is aimed at modeling the dynamics of the currency structure of bank deposits taking into account the ratchet effect (hysteresis), as well as comparative scale of presence and comparative dynamics of this effect in the CIS economies, including Russia. This study contains a general...

The objective of the work is the analysis of the impact of grants, allocated from the central government budget for the expenditures of regional budgets, and the “sticker” effect, which means a traditional disproportion between the federal transfers and the amount of regional expenditure. In...

This paper deals with assessment of the experience in industrial policy implementation in Russia, and a determination of the key lessons including an analysis of two examples of industrial policy – the nano-industry and the automotive industry. ?

This publication deals with the issue of innovative development. The author defines conditions which are able to promote or impede innovative development of firms in Russia, offers classification of institutional factors of innovative development of firms and corresponding set of measures which...

The privatisation wave that spread all over the world in the 1980s at last reached the shores of Russia in the 1990s and near the bastions of the administrative system it came to rest in a rather indecisive way. If in the 1980s the issue of privatisation was of real interest only for a narrow...

We use to consider Russia as a commodity state whose welfare was mainly based on extraction and export of hydrocarbons. Well, Russia has one of the biggest oil and natural gas endowments, virtually dominates at the European crude oil and natural gas markets and actively builds up export of oil...

The core events which took place last year and which are related to the issues under consideration are the approval of a new three year privatisation programme for 2014–2016, including corporate control of market transactions associated with Rosneft and Gazprom, as well as the restructuring of...

This paper deals with Russia's budgetary system