Using ethnographic evidence from the former Soviet republics, this paper examines a relatively new and mainly unobserved concept in international business literature: the phenomenon of communication disengagement that manifests itself in many emerging markets. We link it to the deficiencies of...

A great number of recent researches have found importance of country specific shocks for optimal monetary policy construction in the context of a currency union. This however has been almost completely overlooked by the analysis of optimal monetary policy under model uncertainty. The main...

Effective property rights protection plays a fundamental role in promoting economic performance. Yet measurement problems make the relationship between property rights and entrepreneurship an ambiguous issue. As an advancement on previous research in this paper we propose a new approach to the...

Two principal directions of state regional policy adoption have been considered: «equalization» and support of the «engine» constituent entities. Drawbacks of the priority support policy of the most developed entities have been singled out. Recommendations have been formulated;...

Unlike most other transition economies in Europe, in Russia correlation between employment dynamics and GDP dynamics has been weak, contributing to a relatively low rate of unemployment. This article seeks to explain this phenomenon by investigating a combination of inefficient enforcement of...