The paper tells the history of Russian financial development institutions, analyses their scope and fields of operation, discovers crucial problems and imbalances of Russian financial developenment institutions system and speculates on possible ways to its improvement.

In recent years the Russian innovation policy has made a significant progress that manifests in developing its ‘tool kit’, increasing resource base, etc. However it has not yet succeeded in improving business innovation activities that remain local thus not giving prerequisites to transform...

Russian innovation policy has fostered considerable discussion: how to encourage innovation, what methods work best, and what institutional and resource bases are required, including a broad perception among decision-makers of the range of instruments commonly used. However, at the public level,...

The paper investigates the productivity effects of national road infrastructure investment in Western Europe.The study makes use of newly available OECD/ECMT data showing a secular decline of productivity growth and of transport infrastructure investment. Infrastructure availability is modelled...

Since the second half of the ''''70s, a great crisis has hit the local system of Catania, - which is the most important town in the North-east of Sicily - both in its economical aspects and in its social and political ones. In the ''''90s, nevertheless, the city has been interested by deep...

The idea of setting up university business incubators (UBIs) has recently gained attention in the less favoured regions of the new entrants of the European Union. But the foreign best practices almost always derive from highly developed regions, which makes them difficult to adapt. In the...

Education of the labour force is often seen as one of the most important factors for the development of affluent economies. Denmark is such an economy with a GDP per capita above those of Germany and the US. Furthermore inequality is low. Denmark has only 5.1 million inhabitants and is closely...