The article shows that actual public expenditure in the period of rapid oil prices growth of the 2000s was less than optimal level in Russia. The macroeconomic model of Russian economy is the basis of current research. The main mechanism of growth in an optimum scenario is associated with the...

In March 2018, President of Russia Vladimir Putin designated the target of increasing per capita GDP of the Russian population 1.5 times by 2024. In order to meet this target, GDP would be required to grow by 6% a year between 2018 and 2024. This is a challenging task as the last time growth...

Article about the role of equilibrium in regional economic development and regional governance. The author proposes a system of index ratings disparities in socio-economic development of the regions of the Russian Federation.

Forecasts showing how the economy will be developing are very important both for the government and for all the economic agents, including citizens. In Russia, the common practice is to forecast based on price assumptions for hydrocarbons, primarily oil. Such an approach causes serious errors....

After entering the European Union (EU) Latvia faced new possibilities in international labor market. In 2004 several member states opened their labor markets to workers from Latvia. The largest amount of labor force went to Ireland, Great Britain and Sweden. In these countries salaries were...

After entering the European Union (EU) Latvia faced new possibilities in international labor market. In 2004 several member states opened their labor markets to workers from Latvia. The largest amount of labor force went to Ireland, Great Britain and Sweden. In these countries salaries were...

After entering the European Union (EU) Latvia faced new possibilities in international labor market. In 2004 several member states opened their labor markets to workers from Latvia. The largest amount of labor force went to Ireland, Great Britain and Sweden. In these countries salaries were...

The paper is devoted to testing for existence of a long run relationship between consumption and income in Russia. We couldn’t find cointegration between consumption of households and GDP in constant prices. But statistical tests are in favor of cointegration between consumption in constant...

Article on the causes, dynamics of development and institutional forms of economic cycles. We study the institutional patterns associated with the formation, development and completion of economic cycles from the standpoint of an exogenous approach. The author proves the thesis about the...