The Russian Government remains committed to the resource model. Every year more and more difficult to meet the country's needs for material wealth at the expense of resource revenues. The biggest debate is to validate the measures and forms of government involvement in the economy. The results...

An investigation of conceptual problems of market relations in Russia has enabled the authors to determine an out line of a new development model, strategies of economics policy and starting institutional reorganization minimum measures, which provide the development of proper programs for the...

In the wake of the global change of a new accumulation regime in main capitalist economies, the opening up and liberalisation process of emerging economies from the 1980s has provoked great expectations that resulted in recurrent disappointing crises. Studied as a stylized fact, the Turkish...

This paper is an analysis of the book by Marco Fortis and Alberto Quadrio Curzio, Riforme e investimenti. Europa e Italia, Il Mulino, 2017.

Political and economic transformation in Central European countries (CECs) coincided with speedy globalization founded on innovations and technological progress. On the one hand it created great opportunities, but on the other, globalization threatened the position of various sectors of the...

The purpose of social-economic development is defined by the country leaders accurately and clearly: by 2020 Russia must be included in a set of the most developed countries. Naturally, with the present rates of economic growth and lots of crisis problems of economy it can't be reached, and the...

This paper investigates the effects of the bank’s non-performing loans (NPLs) as a percentage of gross private sector credit in the 21 Lower Middle-Income Countries (LMICs) including the four major South Asian economies during 1998 to 2015, with a focus on the macroeconomy and institutional...

The different target of the time period has been established over the past two decades in the institutionalization of a single currency union in West Africa. Depending on varied reasons the proposed programs have always failed before the set timelines in respect of ECOWAS monetary unification...

This book is a selection of VoxEU.org columns that deal with the ongoing global financial crisis. VoxEU.org is a portal for research-based policy analysis and commentary written by leading economists. It was launched in June 2007 with the aim of enriching the economic policy debate by making it...

Sadly, our previous compilation of VoxEU columns, ‘The First Global Financial Crisis of the 21st Century,’ was not the last word on the subject. Since the publication of that volume in June 2008, the global crisis has both deepened and widened. The industrial world has seen the largest bank...